NSW has seen average median house prices change by 6.38% which means that Merimbula, 2548 has done well for property investors by showing a capital gain of -12.54% over the last year
Across a shorter period, Merimbula, 2548 has seen a median price increase of -3.89% over the last quarter.
At number 662th of NSW’s most discounted properties, Merimbula is in the middle of the state/territory when listing in order of most discounted to least.
The NSW suburb of Merimbula, 2548 is in the Bega Valley local government area.
Property value increases in Merimbula have tracked lower than the NSW average of 5.59% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Merimbula has fallen somewhat when compared to the 5 year average annual rate.
The most recent median price for Merimbula is $206500, with sellers offering an average of -6.14% off the asking price.
In the last year 129 properties changed hands in Merimbula, which puts it as the 105th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $250 weekly from the median priced house in this suburb.