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 › Lakeview Ave
$940,000
Last sold
9 July 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
847 m²
Land
141 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
$940,000
9 July 2026 · 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
+3.5%
Median sale
Suburb $908,000
-0.09 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 PropertiesPositioned in what is widely regarded as Merimbula's most sought-after streets, you have to be lucky to live in Lakeview Avenue. This much-loved coastal home is being offered to the market for the first time in over 50 years - an opportunity that is truly generations in the making.
Set on a generous 847m² parcel, the home captures stunning panoramic views across Merimbula Lake, stretching through to the mountains, delivering spectacular sunsets that become part of everyday living.
A Classic Coastal Time Capsule
Rich in character and nostalgia, this double-storey weatherboard residence embodies the timeless charm of a classic Australian beach house. Presented in largely original condition, the home showcases authentic retro styling, offering buyers the rare choice to preserve a beautiful piece of coastal history or renovate and recreate something entirely new.
Upstairs - Views & Privacy
The upper level is dedicated to relaxation and outlook, featuring:
- A spacious master suite with an ensuite bathroom
- Family living area positioned to maximise breathtaking lake views
- Glimpses of the ocean beyond
-An elevated vantage point that perfectly frames Merimbula's natural beauty
Downstairs - Classic Living Spaces
The lower level retains its original charm and functionality, including:
- Living and dining areas filled with natural light
- Retro kitchen with original style cabinetry
- Two internal bedrooms
- Bathroom and separate laundry
- Sunroom ideal for relaxing year-round
Outside, established gardens and the iconic Hills Hoist clothesline complete the nostalgic coastal setting.
Lifestyle Location - Walk Everywhere
Perfectly located within easy walking distance to some of Merimbula's most loved amenities:
- Merimbula Public School
- Spencer Park playground and calm swimming beaches
- Approximately 500m to the town centre and Main Street, home to some of the South Coast's best cafés and restaurants
- Short drive to Short Point Beach for surfing and Merimbula's famous Bar Beach
- Endless Potential
Whether you envision:
- A charming time-capsule beach house
- A thoughtful renovation
- Or a brand-new coastal masterpiece in a blue-chip location
This property offers an exceptional foundation in one of the Sapphire Coast's most tightly held positions.
A perfect holiday escape or permanent family home to enjoy 365 days a year, embracing the ultimate Merimbula lifestyle.
Opportunities like this are incredibly rare - it will likely be another half-century before this home becomes available again. Be quick.
Listing description written by Hayden Ferencz, One Agency Dwyer Properties — reproduced as published, not verified by Districts.