Merimbula vs Mount Elliot
Property investment comparison - Merimbula, NSW 2548 vs Mount Elliot, NSW 2250
Head-to-head across core investment metrics: Merimbula wins 1, Mount Elliot 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.
| Metric | Merimbula | Mount Elliot |
|---|---|---|
| Median house price | $950K | $950K |
| Median unit price | $540K | $605K |
| Gross rental yield (houses) | 3.45% | 4.14% |
| Gross rental yield (units) | 4.80% | 5.72% |
| 1-year house growth | +3.3% | - |
| 3-year house growth | +5.0% | - |
| Vacancy rate | 1.9% | 0.9% |
| Population | 3,821 | 169 |
Merimbula vs Mount Elliot: what the numbers say
Houses cost about the same in both suburbs: the median house price is $950K in Merimbula and $950K in Mount Elliot.
For units, Merimbula sits at a median of $540K against $605K in Mount Elliot, which makes Merimbula the more affordable unit market and Mount Elliot the pricier one.
On cash flow, Mount Elliot leads: houses there return a gross rental yield of 4.14%, compared with 3.45% in Merimbula, a gap of 0.69 percentage points.
Rental vacancy is 0.9% in Mount Elliot and 1.9% in Merimbula, so landlords in Mount Elliot 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 169, roughly 23 times the size of Mount Elliot; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Mount Elliot for rental income, Mount Elliot for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison