24 Sapphire Crescent, Merimbula NSW 2548
Technical details
How this sale compares
Sold for $720,000 in Oct 2024, up $288,000 (67%) on the $432,000 paid in Dec 2018. That is about 9.1% a year over 5.9 years.
Over the same period the median house price in Merimbula rose 57%, from $571,000 in 2018 to $898,750 in 2024.
The 2024 sale was 20% below the Merimbula median house price for that year ($898,750 across 36 sales).
Since then the median house price in Merimbula has risen 5%, from $898,750 in 2024 to $945,000 over the last 12 months (44 sales).
Merimbula medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Merimbula sold prices by year.
Rent and yield
Houses in postcode 2548 rented for a median $680 a week, from 157 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $720,000 on 29 Oct 2024, that rent is a gross yield of 4.9% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Merimbula.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 29 Oct 2024 | 29 Nov 2024 | $720,000 | - | - | - | 72/31400 |
| 21 Dec 2018 | 21 Jan 2019 | $432,000 | - | - | - | 72/31400 |
Title reference: 72/31400
Title reference: 72/31400
Recent sales on Sapphire Crescent
Sold in the last two years.
- 66 Sapphire Cres, Merimbula 2548 $975,000 sold 24 Jun 2026, 734 m²
- 32 Sapphire Cres, Merimbula 2548 $772,000 sold 26 Mar 2026, 670 m²
- 25 Sapphire Crescent, Merimbula 2548 $950,000 sold 28 May 2025, 1,023 m²
- 41 Sapphire Crescent, Merimbula 2548 $840,000 sold 30 Oct 2024, 1,384 m²
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 7/121 Merimbula Dr, Merimbula 2548 $395,000 sold 27 Aug 2026
- 4/121 Merimbula Dr, Merimbula 2548 $390,000 sold 30 Jul 2026
- 27 Beverley St, Merimbula 2548 $880,000 sold 8 Jul 2026, 607 m²
- 58 Beverley St, Merimbula 2548 $690,000 sold 26 Jun 2026, 612 m²
- 5/9 Kowara Cres, Merimbula 2548 $815,000 sold 3 Jun 2026
- 2 Woodland Dr, Merimbula 2548 $835,000 sold 14 May 2026, 2,851 m²