NSW · 2548

Merimbula

Suburb profile, market snapshot and recent listings for Merimbula, NSW 2548.

Merimbula, NSW 2548

About Merimbula

Welcome to Merimbula

Merimbula sits on the Far South Coast of New South Wales, roughly midway between Sydney and Melbourne and about a five-and-a-half-hour drive south of Sydney. Built around a picturesque lake, ocean beaches and a working boardwalk, it's the commercial and tourism hub of the Sapphire Coast, with an airport that puts it within easy reach of the major capitals.

With a population of just 3,821 and a median age of 54, Merimbula has the feel of a settled coastal town rather than a fast-growing suburb — it draws retirees, holidaymakers and a steady stream of tourism and hospitality workers, alongside families who value the lake, beaches and small-town pace over big-city convenience.

Lifestyle & dining

Life in Merimbula revolves around the water. The lake and its boardwalk are the town's social spine, popular for fishing, kayaking and an evening stroll, while the ocean beaches nearby cater to swimmers and surfers alike. The main street and marina precinct are well stocked with cafes, seafood restaurants and pubs that make the most of local oysters and fresh catch, and the town's population swells considerably over summer and school holidays as visitors arrive for the coastal scenery.

It's a town that suits people who want a slower pace without giving up amenity — you can walk from a café breakfast to a boat ramp to a beach in the same morning, and neighbouring communities like Tura Beach add a golf course and further dining options just a short drive away.

Shopping

Merimbula functions as the retail centre for the wider Sapphire Coast, with a compact town centre offering supermarkets, specialty shops, and a good spread of everyday services. For bigger shopping needs, residents also head to nearby Tura Beach, while the surrounding smaller communities of Millingandi, Berrambool and Mirador rely on Merimbula itself for most of their shopping and services.

Getting around

Merimbula Airport offers regular flights to Sydney and Melbourne, a significant drawcard for a town of this size and one that supports both tourism and residents needing to travel for work or family. Locally, the town is easy to navigate by car, with the Princes Highway connecting Merimbula to neighbouring Tura Beach, Millingandi and towns further along the coast.

Public transport is limited compared to metropolitan areas, so most residents rely on cars to get around, and this is a factor worth weighing up for anyone considering a move from a city with train networks and frequent buses.

Schools & families

Merimbula Public School serves local families within the town, and the broader region has a range of educational options across the Sapphire Coast for older students. With a median age of 54, Merimbula's population skews older than many suburbs, which shapes the community feel — quieter streets, an active retiree cohort, and a slower rhythm outside of peak holiday periods, though the lake and beaches remain a drawcard for younger families too.

The property market

Merimbula's property market reflects its popularity as both a lifestyle destination and a holiday hotspot. The median house price sits at $887,000, having grown 3.1% recently, while units and apartments offer a more accessible entry point with a median of $455,000. Median rent across the suburb is $698 a week, underlining solid demand from both permanent residents and the seasonal rental market.

Current listings show a dwelling mix tilted towards apartments and units (44%), followed by houses (39%), with townhouses (8%) and land (10%) making up the remainder — a spread that suits everyone from downsizers and investors chasing holiday rental returns to families after a standalone house near the lake. Buyers looking for larger blocks or new builds often look to neighbouring Tura Beach, Millingandi, Berrambool or Mirador, where land and newer housing stock tend to be more readily available.

Market snapshot

Merimbula property market

Median price ranks #3,508 of 3,797 suburbs · pricier than 8%
Type
Bedrooms

Median sale price

$887k

House · 3 bed

Median rent

$698

per week

Gross rental yield

4.1%

annual rent ÷ sale price

Typical price range

Entry

$650k

Median

$887k

Premium

$1.28m

Days on market

91

Auction clearance

0%

Sold this year

39

Median sold price trend · House 3 bed

Compound growth -0.4% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Merimbula by dwelling type.

Apartment / Unit44%
House38%
Land10%
Townhouse8%

Who lives here

Demographics

ABS Census 2021 figures for Merimbula, NSW 2548.

Population

3,821

residents (2021)

Median age

54

years

Household income

$1,146

median, per week

Median rent

$310

per week

Median mortgage

$1,517

per month

Mortgage / income

31%

stretched (>30%)

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Merimbula

Government school catchment

Merimbula Public School

K-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Merimbula

$679k

3/5-7 Berrambool Drive

apartment3 bd · 1 ba · 2 car

Sold ~July 2026

$349k

7/1 Marine Parade

apartment1 bd · 1 ba · 1 car

Sold ~July 2026

$470k

13/49 Monaro Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$825k

5/9 Kowara Crescent

townhouse3 bd · 2 ba · 2 car

Sold ~July 2026

$410k

3/4 Reid Street

apartment1 bd · 1 ba · 1 car

Sold ~July 2026

$252k

12 Trevally Terrace

townhouse

Sold ~July 2026

$425k

168 Mirador Drive

land

Sold ~July 2026

$485k

3/48 Sapphire Coast Drive

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Merimbula

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Compare the area

Price map around Merimbula

Every listing for sale near Merimbula, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
MerimbulaNearby suburbs

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Common questions

Merimbula suburb FAQ

What is the median property price in Merimbula?

The median unit price in Merimbula, NSW is $455k for a 2-bedroom home. Over the past year, median sold prices have fallen about 4.2%.

How much is rent in Merimbula?

The median weekly rent in Merimbula is around $500 per week.

Is Merimbula a good place to live?

Merimbula is a town on the Merimbula Lake, located on the Far South Coast or Sapphire Coast of New South Wales, Australia. Merimbula is an established residential suburb in NSW, with a population of around 3,821 and 1 school in the area.

What is the population of Merimbula?

Merimbula has a population of 3,821 (ABS 2021 Census), with a median age of 54.

What schools are in Merimbula?

There is 1 school in or near Merimbula, including Merimbula Public School.

How long do homes take to sell in Merimbula?

Properties in Merimbula take around 109 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Merimbula?

Entry-level properties in Merimbula start around $369k, while premium homes reach $669k.

What suburbs are near Merimbula?

Suburbs near Merimbula include Berrambool, Mirador, Millingandi and Tura Beach.

Available now

Properties in Merimbula

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For Sale
$799,000
house

Versatile Family Living on a Generous 910m² Block

23 Kowara Crescent, Merimbula NSW 2548
321910 m²
Sails Real Estate Merimbula2 weeks ago
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For Sale
$1.35m
house

Quality-Built Family Living with Space, Views & Timeless Appeal

10 The Crest, Merimbula NSW 2548
4241001 m²
Dwyer Properties Sapphire Coast1 month ago
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For Sale
$1.09m
apartment

Brand New Luxury Waterfront Apartment

7/25 Beach Street, Merimbula NSW 2548
222
McGrath Merimbula3 weeks ago
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For Sale
$455,000
apartment

Coastal Comfort Just Metres from the Lake

3/30-32 Fishpen Road, Merimbula NSW 2548
21151 m²
Dwyer Properties Sapphire Coast2 months ago
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For Sale
$1.60m
house

Top of the Town

38 Cliff Street, Merimbula NSW 2548
323860 m²
Kim Poso Properties1 month ago
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For Sale
Edgewater - Construction Co…
apartment
StMate est. ~$700k

Edgewater Waterfront Apartment Living in the Heart of Merimbula

21 Beach Street, Merimbula NSW 2548
321
McGrath Merimbula3 months ago
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NewFor Sale
$375,000
apartment

Central Merimbula Living

4/2 Wonga Street, Merimbula NSW 2548
211
Sapphire Property Group2 days ago
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For Sale
$630,000
apartment

8/81 Main Street, Merimbula

8/81 Main Street, Merimbula NSW 2548
22280 m²
McGrath Merimbula1 week ago
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Image 1
For Sale
$2.00m
house

Short Point, Single Level with Views Front & Back

43 Lakeview Avenue, Merimbula NSW 2548
332961 m²
Dwyer Properties Sapphire Coast1 month ago
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For Sale
$369,000
apartment

Lakefront Holiday Property on Merimbula's Fishpen

5/14 Fishpen Road, Merimbula NSW 2548
21153 m²
Sapphire Property Group2 weeks ago
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For Sale
$400k–$430k
apartment

Smart Buying Starts Here Affordable 2-Bedroom in Merimbula

7/121-123 Merimbula Drive, Merimbula NSW 2548
2112864 m²
Dwyer Properties Sapphire Coast2 months ago
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Image 1
For Sale
$830,000
land

14B Cliff Street, Merimbula

14B Cliff Street, Merimbula NSW 2548
735 m²
James Smith Property3 months ago
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