The wandarrah lodge is a really nice place to stay in merimbula. It's very close to the city, the lake and the beautiful beach. The owner is very very nice and helpful. He is very knowledgeable about the area and the best places to eat or visit.
The establishment is very clean and the kitchen has all the utilities you could ever need (BBQ, toasters, waffle maker, compost, lots of cooking utensils etc.) The common area is also very nice and relaxing, with couches, tv, radio, pool, aquarium, etc.
Throughout the hostel, there are many information documents about Australia and the area. Would definitely recommend!!!