95 Main Street, Merimbula, NSW 2548 | Property Value & History | OnTheHouse
 
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95 Main Street
Merimbula NSW 2548

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Bathrooms: -
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Land area: 993m2
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Property Details for 95 Main St, Merimbula

Building Type
Land
Land Size
993m2
Local Government
Bega Valley
Lot/Plan
1/DP521571

Last Listing description (June 2025)

H Real Estate Merimbula and Burgess Rawson are pleased to offer to the market 95-97 Main Street, Merimbula NSW via Expressions of Interest.

Merimbula, a coastal paradise, is nestled 349km south of Sydney on the stunning Sapphire Coast of New South Wales. This year-round tourist destination attracts visitors from Sydney, Melbourne, and Canberra, with daily flights to and from Melbourne.

Renowned for its pristine beaches, crystal-clear waters, and breathtaking coastal scenery, Merimbula offers a plethora of outdoor activities. From world-class surfing spots to abundant fishing opportunities, including game and deep-sea fishing, there's something for everyone. The region's pristine waters are also home to renowned oyster farms, producing some of the finest oysters in the region.

Merimbula's booming residential market, with a median unit price increasing by 8.3% over the past 24 months, presents an attractive investment opportunity. The town is part of the Bega Valley Shire Council, which welcomes over one million visitors annually, contributing a significant $480 million to the local economy.

The property has the following key highlights:

+ DA approval for a four-storey residential complex incorporating 40 apartments and 68 car spaces.
+ Construction drawings available.
+ Spacious 2 & 3 bedroom apartments with stunning water views.
+ Significant 4,084sqm* freehold site across two titles with 40 metre* frontage to Main Street.
+ Important rear vehicular access via Bowlers Drive.
+ Flexible Mixed Use 1 (MU1) zoning allowing for a variety of future uses.
+ Prime CBD position within 170 metres of Woolworths, ALDI, Merimbula RSL and Sapphire Club.
+ Only a short 3-minute walk to the Merimbula waterfront.
+ Booming residential market with median unit price up 8.3% over past 24 months. **
+ Strength of region highlighted by recent $7.8 million upgrade to Merimbula Airport. ***
+ Merimbula: year-round coastal tourist mecca for Sydney, Melbourne (flights daily) and Canberra holiday makers.

For Sale via Expressions of Interest
Closing 4pm Wednesday 5th February 2025

*Approx
**Realestate.com.au
***Begavalley.nsw.gov.au

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Property History for 95 Main St, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$870,000
01 Mar 2008
  • 20 Dec 2024
    Listed for Sale Contact Agent
  • 16 Aug 2023
    Listed for Sale $4,000,000.00
  • 08 Oct 2021
    Listed for Sale Contact Agent
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About Merimbula 2548

The size of Merimbula is approximately 18.3 square kilometres. It has 14 parks covering nearly 8.6% of total area. The population of Merimbula in 2016 was 3544 people. By 2021 the population was 3821 showing a population growth of 7.8% in the area during that time. The predominant age group in Merimbula is 60-69 years. Households in Merimbula are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation.In 2021, 63.00% of the homes in Merimbula were owner-occupied compared with 58.30% in 2016.

Merimbula has 3,612 properties. Over the last 5 years, Houses in Merimbula have seen a 43.14% increase in median value, while Units have seen a 58.51% increase. As at 28 February 2026:

  • The median value for Houses in Merimbula is $946,767 while the median value for Units is $546,163.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 42 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to Cotality's data, 166 properties were sold in the past 12 months in Merimbula.

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