What is the true cost of buying an apartment in Merimbula?

The median apartment in Merimbula is $650,000. Including stamp duty ($23,780), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $51,944, or $4,329/month.

What does it really cost to buy a house in Merimbula?

The median house in Merimbula is $920,000. True first-year cost including stamp duty ($35,930), rates, insurance, maintenance, and mortgage repayments is approximately $65,524.

What is the vacancy rate in Merimbula?

Merimbula currently has a vacancy rate of 2.8%. Properties average 52 days on market.

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True Cost of Buying in Merimbula

2548 NSW · 480km to CBD

Stable

Market Intelligence

Merimbula is a premier coastal town in NSW's Bega Valley Shire, renowned for its pristine beaches, vibrant tourism industry, and relaxed lifestyle. Located approximately 480km south of Sydney, this picturesque destination attracts a diverse mix of retirees, sea-changers, and holiday home investors. The town features excellent amenities including Main Beach and Short Point Beach, a bustling wharf and boardwalk, regional airport connections, and hosts popular events like the annual Jazz Festival. The property market is driven by lifestyle buyers seeking coastal living and investors capitalizing on strong holiday rental demand. With its combination of natural beauty, established infrastructure, and growing reputation as a desirable coastal destination, Merimbula offers a compelling investment proposition for those seeking exposure to the NSW South Coast market.

Premium coastal location with pristine beaches and water accessStrong tourism industry driving holiday rental demandRegional airport providing direct connections to Sydney and MelbourneEstablished medical facilities and aged care servicesActive community with regular festivals and events

Market Snapshot

Median House

$920K

+8.5% 1yr

Median Apartment

$650K

+6.8% 1yr

Median Townhouse

$780K

Vacancy Rate

2.8%

52 avg DOM

Yield (Apartment)

5.1%

Yield (House)

4.2%

Auction Clearance

68%

Population

3,800

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$4,329/mo

Purchase Price

$650,000

Stamp Duty

$23,780

1st Year Total

$51,944

House

$5,460/mo

Purchase Price

$920,000

Stamp Duty

$35,930

1st Year Total

$65,524

Townhouse

$4,786/mo

Purchase Price

$780,000

Stamp Duty

$29,630

1st Year Total

$57,428

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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