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 › Merimbula Dr
$465,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$465,000
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.
Vs Merimbula
-48.8%
Median sale
Suburb $908,000
+2.62 pp
Gross yield
Suburb 2.74%
Suburb median $908,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$19,204 on top of the price (4.1% extra)
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.
Pre-filled with Merimbula's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 5.4%. 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
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.
Nearby
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• Top-floor two-bedroom apartment
• Uninterrupted bush and ocean views
• Light-filled, low-maintenance
Perched on the top floor at the very rear of the complex, this light-filled two-bedroom apartment has arguably secured one of the best positions of the lot. With no properties directly behind and an uninterrupted outlook across neighbouring state forest land towards the ocean, it feels peaceful, private and wonderfully removed from the bustle of Merimbula township.
The open-plan kitchen, living and dining area has an on-trend forest green kitchen, electric oven and easy-care tiled floors. Soft neutral sheers add a cosy feel, and while the apartment soaks up beautiful sunshine, reverse-cycle air conditioning keeps things comfortable year-round.
The living area flows onto a private balcony overlooking a level, enclosed grassed area shared by the complex - a great space for kids to play or to let the dog have a run around. A second balcony, unique to only this apartment and one below, runs the full length of the unit and has access from both bedrooms. With nothing between you and the bushland beyond, it's a beautiful spot for a morning coffee, afternoon drink or simply taking in the treetop and ocean views.
Both bedrooms are generously sized and include built-in wardrobes, while the bathroom and internal laundry make the apartment practical for permanent living. It is just one of a few units in the complex to enjoy an undercover carport for off-street parking, along with a generous storage cage ideal for bikes, surfboards and other larger belongings.
Low-maintenance and easy to look after, the apartment offers plenty of flexibility. It would make a great first home, coastal downsizer, investment property or an easy Merimbula base for those wanting somewhere to escape to on weekends and holidays.
Despite its peaceful outlook, you're only 2.5km from the heart of Merimbula, with cafés, restaurants, shops and the town's beautiful beaches and waterways all within close proximity.
In a complex where position makes all the difference, this top-floor apartment is a standout. Tucked away at the rear, filled with natural light and looking straight across untouched bushland towards the ocean, it offers an affordable slice of the Merimbula lifestyle with a view that feels anything but entry-level.
Listing description written by Kim Poso, Kim Poso Properties — reproduced as published, not verified by Districts.