Merimbula is in the bottom 40% in NSW when comparing median price capital growth over the last year. Merimbula gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.30%.
Across a shorter period, Merimbula, 2548 has seen a median price increase of 5.15% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Merimbula is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1046th in terms of most discounted suburbs in NSW
Merimbula, 2548’s gross rental yield is 4.02%
Merimbula, 2548 ranked 331th in NSW when comparing growth in median property values or capital gain over the last 12 months. Merimbula is one of 3163 in our list for NSW
When looking at the potential capital gains offered to property investors over the last 3 years, Merimbula comes in at number 525th in NSW.
Vendor discounting in Merimbula is giving property investors an average Vendor Discount of around -4.51%. This puts suburb at number 205th in NSW when ranking the most discounted suburbs.
Merimbula, 2548’s gross rental yield is 5.75%