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NSW › Merimbula › Cliff St

38 Cliff St, Merimbula NSW 2548

For saleHouse for Sale

$1,599,000

For sale

Asking

3

Bedrooms

2

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,599,000(Listing record · 17 June 2026)
  • CalculationAsk is 76% above the Merimbula median recorded sale ($908,000, n=31, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Merimbula's advertised median rent ($479/wk), implied gross yield would be 1.56% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,599,000

Asking

No recorded sale for this property.

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.

See the full Merimbula report →

Vs Merimbula

+76.1%

Median sale

Suburb $908,000

-1.18 pp

Gross yield

Suburb 2.74%

Suburb median $908,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,599,000
Stamp Duty (New South Wales)
$69,957
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,672,824

$73,824 on top of the price (4.6% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Merimbula's advertised median rent — not a rent for this listing.

Net yield
0.06%
Annual cashflow (pre-tax)
$-82,225
Interest cover (DSCR)
0.01
Annual rent
$24,908
Operating expenses
$23,985
Loan amount
$1,279,200
Annual interest
$83,148
Gross yield
1.56%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,599,000available17 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Merimbula in one glance

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.

See the full Merimbula report →

Keep researching

  • Why Merimbula? Read the area thesis →
  • What else is on the market in Merimbula →
  • Other records on Cliff St →

Listing material

Listed by Kim Poso Properties

Top of the Town

• Premier Merimbula location, spectacular views

• Separate self-contained two-bedroom apartment

• Completely renovated, nothing to do

Read the full description

A premier location for a premier property. 38 Cliff St sits perched at the top of Merimbula's sought-after Long Point, offering a desirable combination of high-end finishes, flexibility and room to move.

This home has been completely renovated throughout and finished with contemporary, neutral finishes and with touches of luxury including a spotted gum staircase and matching spotted gum flooring in the upstairs living area, a sleek set of tinted windows on the north-facing side, an 8-person jacuzzi in the backyard, bespoke curtains and a Sonos surround-sound system. The owners have also renovated with versatility in mind by creating a completely separate two-bedroom apartment on the lower level. The apartment has a separate entry, two-car carport, kitchen, living room, two large bedrooms, bathroom with luxurious deep-soak bath and a private backyard space with an entertaining deck.

Ideal for buyers seeking a laidback coastal lifestyle — with added side income potential — this property would suit downsizers looking to move permanently to the coast or those seeking their own lock-and-leave beachside bolt hole. You could live in the one-bedroom top-floor home yourself and earn a side income holiday renting the lower level. Or, for buyers seeking a family-sized Merimbula home, use the entire property as a three-bedroom, two-bathroom home with room to spread out across two floors with three separate living spaces.

On the upper level, floor-to-ceiling tinted windows and doors flood the impressive main open-plan living area with all-day sunshine, natural light and cross breezes while maintaining a sense of privacy and comfort. This elevated vantage point has stunning views from every angle — towards Short Point and Tura Headland to the north, and over Merimbula Lake and the Sapphire Coast hinterland to the south. The large entertainer's kitchen has been thoughtfully designed with bespoke cabinetry that offers plentiful storage and Miele appliances. The warmth of the spotted gum flooring beautifully complements the neutral palette and coastal light.

There are two generous decks off the main living space — a large, covered, north-facing entertaining deck with ample space for soaking up the all-day sun, as well as a south-facing deck with bi-fold servery window into the kitchen, ensuring entertaining and enjoying meals outdoors year-round in all weather is easy. The generous main bedroom suite also enjoys the stunning northern aspect allowing you to wake up with the sun to glorious elevated ocean views. There's a large, luxurious walk-through wardrobe with bespoke, floor-to-ceiling cabinetry and an ensuite bathroom.

Outside, on the roomy 860m² block, there's a fire pit area and beautiful native plantings in the front yard, and lush tropical plants and citrus in the back. The backyard also has a large lock-up storage shed, smaller garden shed, rainwater tank, side access and parking space for a boat, caravan or trailer — as well as the jacuzzi! There's also a 6.6 kW solar system helping to keep electricity bills minimal.

The gem of the Sapphire Coast, and a highly desirable place to holiday and live, Merimbula still retains the nostalgic feel of a small coastal town — although the local airport also conveniently has daily flights to and from Sydney and Melbourne. Cliff Street is a quiet street, an easy stroll to Short Point Beach and tucked-away Middle Beach, and within walking distance of popular Bar Beach, the Merimbula Wharf and Spencer Park.

38 Cliff St is a rare opportunity to secure a fully renovated home with second-income potential and space for the whole family to enjoy the pristine Sapphire Coast — all at a highly desirable address.

Listing description written by Kim Poso, Kim Poso Properties — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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