3/26 Ocean Drive, Merimbula NSW 2548

Sold for $1,770,000 in May 2025, up $977,000 (123%) on the $793,000 paid in May 2015. That is about 8.3% a year over 10 years.

Over the same period the median unit price in Merimbula rose 112%, from $255,000 in 2015 to $540,000 in 2025.

The 2025 sale was 228% above the Merimbula median unit price for that year ($540,000 across 111 sales).

Since then the median unit price in Merimbula has risen 4%, from $540,000 in 2025 to $562,500 over the last 12 months (82 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.

Units in postcode 2548 rented for a median $480 a week, from 141 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $1,770,000 on 28 May 2025, that rent is a gross yield of 1.4% 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.