Berrambool vs Merimbula

Berrambool (median $807,000) is roughly 13% cheaper to buy into than Merimbula ($932,500). Over the past year, Merimbula (+4.5%) ran 12.8 percentage points ahead of Berrambool (-8.3%) on house-price growth.

Buying in Berrambool or Merimbula?

The free buying guide: what you can really spend, the schemes and stamp duty in your state, inspecting, and making the offer.
Get the free buying guide

Selling in Berrambool? The free selling guide

Berrambool and Merimbula side by side

MeasureBerramboolMerimbula
Price and market
Median house$807,000$932,500
Median unit$257,760$257,760
House price change, 12 months-8.3%+4.5%
Renting
House rent$695/wk$695/wk
Unit rent$500/wk$500/wk
Owner occupied65.0%63.0%
Renter occupied31.0%32.0%
Schools
Schools nearby54
Average ICSEA981981
Lifestyle and people
Walk score100–
Transit score0–
Bike score40–
Population4863,821
Median age4654
Climate
Annual rainfall765 mm765 mm
Mean max, January24.9°C24.9°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

For buyers
Berrambool is the lower entry point at $807,000 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Berrambool delivers the better gross yield (4.48% vs 3.88%), but Merimbula has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Berrambool has a heavier family-household mix (66% vs 56%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).

Berrambool vs Merimbula: common questions

Is Berrambool or Merimbula cheaper to buy in?

Berrambool has the lower median house price at $807,000, roughly 13% below Merimbula ($932,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Berrambool or Merimbula?

Over the past 12 months, Merimbula grew +4.5% vs -8.3% in Berrambool, a gap of 12.8 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Which suburb has higher rental yield, Berrambool or Merimbula?

Gross rental yield on houses is 4.48% in Berrambool vs 3.88% in Merimbula. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.