Back to results

24 Sapphire Crescent, Merimbula NSW 2548

Merimbula House
Last sold $720,000 29 Oct 2024
Land size 916 m²
Technical details
Title reference72/31400
ZoningR2 Low Density Residential
Nature of propertyResidence
Primary purposeResidence
Valuation district018
Property ID397799

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.

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
$720,000 Sold 29 Oct 2024
Settled29 Nov 2024
Beds-
Baths-
Cars-

Title reference: 72/31400

$432,000 Sold 21 Dec 2018
Settled21 Jan 2019
Beds-
Baths-
Cars-

Title reference: 72/31400

Recent sales on Sapphire Crescent

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Merimbula

Map