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NSW › Merimbula › Sapphire Cres

41 Sapphire Cres, Merimbula NSW 2548

House

$845,000

Last sold

30 Oct 2024

4

Bedrooms

1

Bathrooms

1

Car spaces

1,354 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $845,000 (30 Oct 2024).(Recorded sale)
  • FactLand 1,354 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Merimbula (last 5 years) with land size: median $1,144/m² of land (n=64). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$845,000

30 Oct 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.

See the full Merimbula report →

Vs Merimbula

-6.9%

Median sale

Suburb $908,000

+0.21 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 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. Sold$845,00030 Oct 2024
  2. Listedprice unknowncompleted2 Oct 2024

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

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

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 Sapphire Cres →

Listing material

Listed by Kim Poso Properties

Perched Among the Eucalypts: A Home That Feels Like a Hug

When we first stepped into this home, perched high among the eucalypt trees, we immediately felt a sense of calm. There's something so peaceful about being surrounded by nature. The high-pitched ceilings and clerestory windows are genius in the way they bring in that gorgeous northern light - it's like the whole house is bathed in a soft, warm glow all day.

The owners told us it's one of the things they loved most about living here - the way the light changes with the day, the sense of space and airiness. It's a home that feels so private, like a retreat, but never dark or closed in. They've created a space where the sunken living room flows effortlessly into the kitchen and dining area, all overlooking the treetops. It's easy to imagine yourself sipping coffee on a quiet morning, feeling completely at peace.

And then there are the little details that make a big difference - the custom cabinetry throughout. It's not just beautiful, but practical too, adding a ton of storage while giving the home an extra layer of sophistication. Every element feels thoughtfully designed, from the modern bathroom with its pitched ceilings to the four bedrooms all tucked on the same level, cozy and warm.

Read the full description

What struck us most, though, is how adaptable this place really is. Whether you're a growing family needing room to move or a couple downsizing to something more manageable, this house just works. There's plenty of space at the front for parking a boat, caravan, or a few cars, but we could also see it transformed into a grassy play area for kids. The owners mentioned how much they appreciated that flexibility - having the option to use the space how they wanted, depending on their needs.

Walking through the front door, the exposed beams and elevated ceilings welcome you into a living area that instantly feels inviting. The natural vistas from every window pull you in. The bathroom, with its soaring ceiling, has that "wow" factor we all love, but it's not just about looks - it's functional and spacious, designed for real life. The laundry is another surprise, connecting seamlessly to the kitchen, with loads of storage and access to the side of the house. It's one of those everyday spaces that's actually a pleasure to use.

And let's talk about comfort - reverse cycle air conditioning keeps the temperature perfect temperature year-round. Whether you're cozying up on the couch in winter or letting the summer breeze flow through the windows, you can enjoy every season without ever feeling the extremes.

There's a hidden gem here too: the extensive under-house storage. We see so much potential in this space - it could easily become an extra room, a home office, or even a self-contained flat (STCA) with its own side access. And with a backyard this big (1,384m² of natural landscape) you have options; you could leave it low-maintenance or get creative and tier it into usable spaces.

In just moments, you can find yourself in the heart of Merimbula's vibrant main street - the town is practically at your doorstep! Explore charming cafes, local clubs, unique boutiques, and the scenic boardwalk, not to mention the beautiful beaches that make this coastal haven so special. Plus, with Bega just 20 minutes to the north, Eden 20 minutes south, and a variety of quaint villages scattered in between, you're perfectly positioned to enjoy the best of the region.

This home is more than just a place to live - it's a space that adapts to you, your life and the way you want to live. We think it's pretty special, and we know you'll feel that too, the moment you walk through the door.

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

Property features

  • Air Conditioning
  • Deck
  • Dishwasher
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.