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NSW › Merimbula › Lakeview Ave

43 Lakeview Ave, Merimbula NSW 2548

For saleHouse for Sale

$1,995,000

For sale

Asking

3

Bedrooms

3

Bathrooms

2

Car spaces

961 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,995,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,995,000(Listing record · 26 May 2026)
  • CalculationLand 961 m² against a 142 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 120% 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 1.25% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,995,000

Asking · $2,076/m² of land

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

+119.7%

Median sale

Suburb $908,000

-1.49 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
$1,995,000
Stamp Duty (New South Wales)
$91,737
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
$2,090,604

$95,604 on top of the price (4.8% 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
-0.25%
Annual cashflow (pre-tax)
$-108,757
Interest cover (DSCR)
-0.05
Annual rent
$24,908
Operating expenses
$29,925
Loan amount
$1,596,000
Annual interest
$103,740
Gross yield
1.25%

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$1,995,000available25 May 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 1.2%. 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 Lakeview Ave →

Listing material

Listed by One Agency Dwyer Properties

A Front-Row Seat to Short Point's Finest Views.

Perfectly positioned on the sun-drenched north-eastern ridge of Short Point, this exceptional single-level home delivers an ever-changing panorama that defines the very best of Sapphire Coast living. From sunrise over the ocean to the sparkling lights of Merimbula after dark, every outlook invites you to slow down and soak it all in.

Life here revolves around the views. The front of the home embraces breathtaking vistas stretching from the golden sands of Short Point Beach, across the shimmering waters of Merimbula Lake and out to the mountain ranges beyond. As evening falls, the lights of Merimbula create a magical backdrop, transforming every sunset into a memorable experience.

At the rear, the lifestyle continues with tranquil ocean views enjoyed from the kitchen and expansive entertaining deck. Whether you're sharing a morning coffee as the sun rises, hosting family and friends for a summer barbecue, or simply unwinding with the sound of the waves in the distance, this is a home that makes the most of its remarkable coastal setting.

Read the full description

Designed across a single, flowing level, the home combines effortless accessibility with generous living spaces, creating a relaxed sanctuary where stunning outlooks and everyday comfort come together in perfect harmony.

Inside, the home radiates warmth and character. Cypress pine floorboards underfoot and rich cedar doors and windows create a welcoming, almost nostalgic feel, while the layout has been thoughtfully designed for modern living. At its heart, a generous kitchen with ample bench space connects seamlessly to the dining and living zones, all anchored by a central wood fire. It's easy to imagine winter evenings spent here-fire crackling, views stretching out before you, and a sense of complete comfort.

Accommodation is both flexible and generous. Three well-proportioned bedrooms are complemented by an additional multi-purpose room-ideal as a guest bedroom, home office or second living space depending on your needs. The main suite is a true retreat, offering elevated views from both the bedroom and its ensuite, making it a space you'll never want to leave.

Outdoors, the lifestyle offering continues. Landscaped gardens are as practical as they are charming, featuring established mandarin, orange and lime trees, a veggie patch and two tranquil fountains. Whether you're pottering in the garden or simply enjoying the surroundings, it's a space that invites you to slow down.

For those who love to entertain, the home offers two distinct alfresco zones. The front and rear decks are cleverly positioned to follow the sun and capture the best of the views, while the rear deck has been enhanced with sliding glass windows and a strip heater-making it a true year-round entertaining space. And to top it all off, a Canadian therapeutic outdoor spa provides the perfect place to unwind after a day spent exploring the coast.

Practicality hasn't been overlooked. There's a single garage, carport, and ample space for a boat or caravan, along with thoughtful extras including 1.5kW solar panels, a 2000L water tank with electric pump, a wired Bosch security system, underfloor insulation, two gas outlet points and a wood firebox.

This is a home that offers not just a place to live, but a lifestyle to savour-effortless, flexible, and rich in character, all set in one of the area's most tightly held and picturesque pockets.

Listing description written by Simon Robins, One Agency Dwyer Properties — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 2
  • Toilets: 3
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.