Merimbula at a glance
3,853
People
$908,000
Median sale
$479/wk
Median rent
2.74%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
NSW › Merimbula › Kowara Cres
$810,000
Last sold
25 July 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
961 m²
Land
157 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$810,000
25 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Merimbula (last 5 years) with land size have a median of $1,144/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Merimbula at a glance
3,853
People
$908,000
Median sale
$479/wk
Median rent
2.74%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Merimbula
-10.8%
Median sale
Suburb $908,000
+0.34 pp
Gross yield
Suburb 2.74%
Suburb median $908,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $479/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Merimbula at a glance
3,853
People
$908,000
Median sale
$479/wk
Median rent
2.74%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency Dwyer PropertiesDiscover coastal living in the heart of Merimbula with this charming two-level, 3-bedroom home, set on a sprawling block soaked in sunshine all day long. Ascend to the upper level, where an inviting open-plan kitchen and lounge area await. Recently upgraded, the kitchen showcases ample storage, a generous island bench, and quality Westinghouse appliances. Relax in the carpeted lounge, complete with a split-system air conditioning unit, while glass sliding doors lead out to the front deck, perfect for soaking up the sun.
The upper level also hosts a spacious main bedroom featuring a large mirrored built-in robe and private access to the main bathroom. Another generously sized bedroom boasts its own mirrored built-in robe. The main bathroom is a haven of relaxation, boasting a standalone shower, corner spa bath, and large windows framing views of the lush backyard, orchards, and gardens, with a separate toilet adding convenience. Entertain guests with style in the formal dining room, accessible from both the living area and the covered back deck.
Venture downstairs via stairs or ramp to discover a versatile self-contained living area with access from both the front and back yards. Currently configured as a dining area flowing into a bedroom, this space offers endless possibilities – whether it's a parent's retreat, teenager's bedroom, home office, or additional family living space. A bathroom and separate laundry complete the ground level.
Outside, the backyard is a green paradise, featuring apple orchards, citrus trees, and a thriving vegetable garden. A 3.4m x 5.9m powered workshop is the perfect tinkering space and provides ample storage for tools, bikes, and outdoor equipment.
Location is key with this property, as it is an easy walk into town, or just a short 2-minute drive and Merimbula Main Beach is only a 4-minute drive.
Embrace the coastal lifestyle with this idyllic Merimbula home, offering space, comfort, and endless potential for the whole family.
Listing description written by Simon Robins, One Agency Dwyer Properties — reproduced as published, not verified by Districts.