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Kembla Heights vs Merimbula

Property investment comparison - Kembla Heights, NSW 2526 vs Merimbula, NSW 2548

Head-to-head across core investment metrics: Kembla Heights wins 1, Merimbula wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricKembla HeightsMerimbula
Median house price$945K$950K
Median unit price$755K$540K
Gross rental yield (houses)-3.45%
Gross rental yield (units)4.52%4.80%
1-year house growth-+3.3%
3-year house growth-+5.0%
Vacancy rate7.4%1.9%
Population883,821

Kembla Heights vs Merimbula: what the numbers say

The median house price is $945K in Kembla Heights and $950K in Merimbula, so Kembla Heights is the cheaper entry point, with Merimbula houses about 1% dearer.

For units, Kembla Heights sits at a median of $755K against $540K in Merimbula, which makes Merimbula the more affordable unit market and Kembla Heights the pricier one.

Rental vacancy is 1.9% in Merimbula and 7.4% in Kembla Heights, so landlords in Merimbula face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Merimbula is the bigger suburb, with a population of 3,821 against 88, roughly 43 times the size of Kembla Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kembla Heights for a lower purchase price, Merimbula for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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