With a capital gain of -10.72% for the last 12 months, Merimbula, 2548 has performed for property investments than its average annual 2.36% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Merimbula,2548 has racked up an average of -10.72% over the period. This ranks it number 2694th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Merimbula, 2548. Typically our figures indicate that -4.74% is being offered, which puts this NSW suburb at 2781th most discounted overall in Australia.
Merimbula is in the bottom 10% in NSW when comparing median price capital growth over the last year. Merimbula gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.73%.
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 -5.93%. This puts suburb at number 75th in NSW when ranking the most discounted suburbs.