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NSW › Merimbula › Old Tathra Rd

96 Old Tathra Rd, Merimbula NSW 2548

For saleHouse for Sale

$899,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000(Listing record · 12 Aug 2026)
  • CalculationAsk is 1% below 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 2.77% — 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

$899,000

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

-1.0%

Median sale

Suburb $908,000

+0.03 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
$899,000
Stamp Duty (New South Wales)
$34,867
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
$937,734

$38,734 on top of the price (4.3% 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
1.27%
Annual cashflow (pre-tax)
$-35,325
Interest cover (DSCR)
0.24
Annual rent
$24,908
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
2.77%

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$899,000available11 Aug 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 2.8%. 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 Old Tathra Rd →

Listing material

Listed by Kim Poso Properties

Old-School Cool

• Stunning ocean views

• Three-bedroom, two-and-a-half bathroom

• Solid brick with lots of character

Read the full description

Filled to the brim with retro charm and with spectacular coastal views from almost every room, this original 1980s home offers a flexible floorplan and space for the whole family.

Rich in original character, with the bonus of a renovated downstairs bathroom, the home showcases quirky 1980s features including internal brick, arched doorways, earthy slate tiles, timber detailing and amber-hued glass.

The home's centrepiece is its light and inviting open-plan kitchen/living/dining area with the spectacular Merimbula coastline as its backdrop. Two sets of glass sliding doors connect the central living space to a large north-east facing entertaining deck and allow great airflow and plenty of natural light into the home. The partially-covered deck runs the full length of the house and doubles the home's living space. There's more than enough space here for the whole family to spread out and enjoy the stunning views looking towards Short Point headland, the Lake, Fishpen and Bar Beach.

The original 1980s kitchen has loads of storage space, an updated dishwasher and freestanding electric oven, and stunning kitchen sink views. Also on the upper level is a separate powder room, two linen/storage cupboards and the large main bedroom. The bedroom has a wall of glass doors and windows out onto the deck meaning the beautiful elevated coastal views are on full display here too. There's also a large built-in wardrobe and a convenient and totally accessible (no screens, doors or steps) ensuite bathroom.

Downstairs there's bedroom two, a large family-sized laundry and renovated modern main bathroom with separate bath and shower. Also on the lower level is a very large and highly versatile third bedroom with its own original kitchenette. The possibilities for this multi-functional space are endless. You could build a dividing wall to create two bedrooms, or one bedroom and a separate sitting/rumpus room. It could also be used as a dedicated guest space or a 'granny flat' for adult children or other family. It would also make a great yoga studio, home gym or teenager's retreat. This space can also be accessed separately from the rest of the house via side access from the front driveway.

The home has a large double garage with direct internal access to the home's upper level. The fully-fenced private backyard has low maintenance gardens and a lovely level, retained area of lawn. The approx. 592m2 property backs onto a council-managed recreation reserve which provides a leafy green canopy at the rear of the home and ensures extra privacy with no neighbours over the back fence.

Old Tathra Road is a quiet cul-de-sac of mostly owner-occupied houses just two minutes' drive to the Merimbula CBD and the pristine Sapphire Coast waterways you can see from your home. Check the weather conditions from your balcony, then head off in search of a wave, a swim or a stroll around the foreshore.

Whether you want to lean into the 80s nostalgia or are imagining a more modern refurb, this solid brick home, with spectacular coastline views, is filled with character and possibilities.

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

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Fully Fenced
  • Rumpus Room
  • Secure Parking
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.