With a capital gain of 1.23% for the last 12 months, Merimbula, 2548 has performed for property investments than its average annual 2.79% property growth over the last 5 years.
Comparing Merimbula,2548 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Merimbula should be aiming for at least -3.75% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
NSW has seen average median house prices change by 5.88% which means that Merimbula, 2548 has done well for property investors by showing a capital gain of -1.05% over the last year
While Merimbula,2548 ranked number 21th in NSW for increase in median house value (annualised) increase, it is ranked 456th over the last 5 years.
Sellers are offering property buyers an average discount of -4.91% to buyers in Merimbula at the moment, which is less than average for the rest of NSW.