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 Coast Dr
$740,000
Last sold
16 Dec 2024
3
Bedrooms
2
Bathrooms
0
Car spaces
942 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
$740,000
16 Dec 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
-18.5%
Median sale
Suburb $908,000
+0.63 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Properties• Adorable cottage with ocean views
• Completely renovated
• Huge 942 square metre block with subdivision potential
The wisteria-covered arch over the front gate invites you inside this home's securely-fenced front yard and sets the scene for this quaint, character-filled cottage. All the hard work of modernising and updating the three-bedroom, two-bathroom cottage has recently been done, whilst ensuring the best of its original retro charm remains.
But what truly sets this property apart is its potential for future development. The expansive 942-square-metre block offers ample space for a range of possibilities: subdivide and build another home at the rear, construct a duplex (STCA), or create an ideal setup for dual family living or a lucrative Airbnb. The choice is yours!
Inside, the simple, nostalgic layout includes a light-filled, open-plan kitchen/dining/living room that is flooded with natural light throughout the day. The fresh, brand-new kitchen has a dishwasher, heaps of overhead storage and an impressive servery window opening out onto the back deck letting the fresh sea breeze inside.
The luxuriously large back deck, with its spectacular elevated views out over Merimbula Bay, Bar Beach and Short Point, is where you'll be spending most of your time. The deck is partly covered and has electric overhead heaters for year-round, all-weather comfort. There's more than enough room out here for a large outdoor dining table, barbecue and a separate sitting area. Imagine eating breakfast out here in the morning sunshine or entertaining friends on warm summer evenings, under the festoon lighting while the barbecue sizzles and the kids play in the backyard below.
The block provides a huge backyard with established fruit trees and vegie gardens and still more than enough room to park the boat or caravan, build a shed (STCA) or add a chook pen. There's also lots of off-street parking in the driveway at the side of the house.
Inside, new hardwood timber flooring has been laid throughout and the cottage's original, timber windows let in loads of sunlight to the three bedrooms. The completely renovated family bathroom has beautiful, modern finishings. The small reverse-cycle air conditioner in the loungeroom efficiently heats and cools the entire home.
Underneath the house is a very handy, fully-lined storage room, which could also have multiple other uses. Perfect for storing surfboards, SUPs or fishing gear, it also has potential as a home-gym, rumpus room or study. Also downstairs, is the large, fully-renovated laundry which has lots of storage space and a separate shower and toilet.
The cottage's location is an enviable less-than-10-minute stroll, or two-minute drive to town. Berrambool sporting complex is close and handy and there's a day-care centre just around the corner. The cottage is perfectly located to enjoy Merimbula's main shopping and eating streets filled with cafes, clubs and restaurants as well as your choice of the area's stunning beaches, National Parks and waterways.
This sweet, fully renovated Merimbula cottage offers not just a charming beachside home but also exceptional future investment potential—ideal for those looking to create a dual family living space, a profitable Airbnb, or simply a relaxed, low-maintenance holiday retreat.
Listing description written by Kim Poso, Kim Poso Properties — reproduced as published, not verified by Districts.
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