Merimbula, NSW 2548
Bega Valley Shire CouncilAll suburbs in postcode 2548
Updated
Median house price
$932,500
+4.5% over the past year.
Median of 56 house sales · NSW Valuer General · calendar 2025
Selling in Merimbula?
Get the free selling guide, personalised to Merimbula, or ask for a free appraisal from a local agent.
Merimbula at a glance
- Median unit
- $257,760
- Weekly rent
- $695
- Houses · units $500
- Population
- 3,821
- Median age 54
Prices: Median of 56 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2548), June 2026 · Population: 2021 Census
House prices in Merimbula
Houses change hands at $932,500 on a typical sale, below the NSW median (56 house sales, NSW Valuer General, calendar 2025). Units come in around $257,760, roughly 72% below the house median. The 12-month picture is one of steady growth (+4.5%).
For sellers
Twelve-month growth is +4.5%, supporting confident pricing at the upper end of recent comparables.
For buyers
A 20% deposit on the median house works out to roughly $187,000. Prices are below the NSW median, which keeps Merimbula on the radar for first-home buyers and right-sizers.
Rental data as of June 2026· NSW rental bond data (postcode 2548)
Free appraisal in Merimbula
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What to know about Merimbula
Merimbula (2548) sits in the Bega Valley region of NSW. The median house here is $932,500, below the NSW median of around $1.10M. Prices have moved +4.5% over the past year, ahead of the NSW average (3%).
Merimbula has roughly 3,821 residents, with a retiree-heavy demographic. Households are mostly owner-occupied.
What it’s like to live here
Summer days here average around 25°C (mild), winter mornings around 5°C (cool). Annual rainfall lands at about 765 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 2 government primary, 1 Catholic, 1 independent.
Schools in Merimbula
Schools serving Merimbula: government first, then Catholic and independent.
© ACARA, licensed under CC BY 4.0.
Location
Demographics
The 2021 Census put Merimbula's population at 3,821, with a median age of 54. That sits as a retiree-heavy demographic. Households are mostly owner-occupied (63% own, 32% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (41%), often a marker of unit-heavy stock and walkable infrastructure.
- Family households
- 56%
- Lone person
- 41%
- Owner occupied
- 63%
- Renter occupied
- 32%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 3.88% (median rent $695/wk against a $932,500 price tag). Units yield 10.09% gross, often the better cash-flow play for first-time investors. With 32% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 3.88%
- On the $932,500 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 10.09%
- On the $257,760 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- +4.5%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
124 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 765 mm
- Hottest month, avg max
- 24.9°C
- Coldest month, avg min
- 4.7°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Merimbula
- What is the median house price in Merimbula?
- The median house price in Merimbula, NSW 2548 is $932,500 (median of 56 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $257,760. Annual growth is +4.5%.
- How much is my house worth in Merimbula?
- A useful starting point is the Merimbula median house price of $932,500 (units $257,760). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Merimbula a good investment?
- On the published figures, the gross rental yield on houses in Merimbula is 3.9%: the median weekly house rent is $695 (NSW rental bond data (postcode 2548), June 2026) against the median house price of $932,500 (NSW Valuer General, calendar 2025). The median house price rose 4.5% over 12 months on the same NSW Valuer General figures. Whether Merimbula is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Merimbula postcode?
- Merimbula is in the 2548 postcode, in NSW, in the Bega Valley Shire Council region.
- Where is Merimbula?
- Merimbula is a suburb in the Bega Valley Shire Council area, NSW 2548.
- What is the average rent in Merimbula?
- The median weekly rent for houses is $695, for units it's $500.
- What schools are in Merimbula?
- There are 4 schools serving Merimbula on this page, including Merimbula Public School, Pambula Public School, Pambula Beach Flexible School.
- What suburbs are near Merimbula?
- Merimbula is close to Berrambool, Mirador, Pambula, Tura Beach, Millingandi.
- What is the population of Merimbula?
- The population of Merimbula is approximately 3,821 (2021 Census). The median age is 54.
Selling in Merimbula? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.