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 › Sapphire Cres
$884,000
Last sold
19 Sept 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,240 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$884,000
19 Sept 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
-2.6%
Median sale
Suburb $908,000
+0.08 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 Kim Poso PropertiesWelcome to 35 Sapphire Crescent, a stunning, fully renovated home where no detail has been overlooked. This beautifully updated residence boasts fresh paint inside and out, brand-new roofing/guttering and a beautiful new modern ensuite. Every aspect of this home has been thoughtfully designed and meticulously finished, ensuring that it's ready for you to move in and start enjoying the Merimbula Coast life immediately. With its stylish contemporary features and impeccable presentation, this home offers the perfect blend of comfort and elegance for modern family living.
The open-plan kitchen/living area is bright and light with durable bamboo flooring and brand new custom shears that frame the stunning bush outlook. The galley kitchen makes great use of space, offering plenty of storage and room to work! In the living space, there's an air conditioner and a slow combustion wood heater that'll keep the house cozy during the colder months.
You will soon be drawn out to a large entertaining deck that overlooks the generous backyard. Imagine morning coffee in this sun-drenched space, looking out over the gum trees – imagine the evenings too, inviting some friends round for a barbie while the kids run wild in the yard! A servery window into the kitchen makes catering easy and it's surprising how private this outdoor space actually is!
Each of the four bedrooms has a built-in robe and there's an updated bathroom upstairs with tub and separate loo. Heading downstairs, you find another versatile space with an AC and built-ins - this would make a lovely master bedroom, perfect teen's retreat, rumpus room, guestroom, or additional living space. You'll also discover a brand-new bathroom down here and, of course, access to the great outdoors.
The yard is huge with three distinct tiers and a garden shed. Existing garden beds will flourish with care and there's scope for further landscaping and features – a fire pit perhaps? And a cubby house! There's a covered outdoor area too – the perfect 'outdoor loungeroom' where you can supervise the kids while enjoying the serenity of your own backyard complete with gorgeous tall gum trees and beautiful birdlife. You will also find they new laundry within this space.
Out the front, the home has two carports and a small shed that'd make a great space for storing the surfboards, SUPs, wetsuits, rods or would make the perfect pottery or art studio. Set toward the end of this quiet cul-de-sac, 35 Sapphire Crescent only attracts local traffic, making it a great street for families.
35 Sapphire Crescent is a great location. You can drive into town and be on the main street in moments – the township of Merimbula is literally on your doorstep! Enjoy the cafes and clubs, the boutiques and boardwalk, the whales and the waves. It's just twenty minutes north to Bega, twenty south to Eden, and there's a myriad of villages to enjoy in the spaces in between!
This fully renovated home is ready for new owners to move in and start enjoying the lifestyle it offers.
Listing description written by Kim Poso, Kim Poso Properties — reproduced as published, not verified by Districts.