Merimbula
Suburb profile, market snapshot and recent listings for 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 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.
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
Recent results
Recently sold in Merimbula
$679k
3/5-7 Berrambool Drive
Sold ~July 2026
$349k
7/1 Marine Parade
Sold ~July 2026
$470k
13/49 Monaro Street
Sold ~July 2026
$825k
5/9 Kowara Crescent
Sold ~July 2026
$410k
3/4 Reid Street
Sold ~July 2026
$252k
12 Trevally Terrace
Sold ~July 2026
$425k
168 Mirador Drive
Sold ~July 2026
$485k
3/48 Sapphire Coast Drive
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
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.
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Nearby 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.
Fresh to market
New this week in Merimbula
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