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Houses Units

Here you can find what you need to know about Merewether, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$2M Median Sale Price (National Average $485k) 237th In NSW
4.38% Median Sale Price Change (1yr) (National Average 4.30%) 770th In NSW
$790pw Median Rent (National Average $395) 357th In NSW
2.0% Median Gross Yield (National Average 4.24%) 1023rd In NSW
Properties sold 132
Average discounting -4.66%
Average Days on Market 76
Stock on Market 109 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Merewether, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Merewether, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Merewether, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Merewether


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Merewether, NSW 2291

Part of: Newcastle Council No data available

The size of Merewether is approximately 6.4 square kilometres. It has 19 parks covering nearly 49.5% of total area. The population of Merewether in 2011 was 10,468 people. By 2016 the population was 10,971 showing a population growth of 4.8% in the area during that time. The predominant age group in Merewether is 20-29 years. Households in Merewether are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merewether work in a professional occupation. In 2011, 63.1% of the homes in Merewether were owner-occupied compared with 63.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Merewether

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Merewether   for Houses in last 12 months


There have been 132 Houses sold in Merewether in the past 12 months with a median sale price of $2M, up 4.4% annually. It takes on average 56 days to sell with vendor discounting of -4.7%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Merewether Heights NSW, 2291 16.04% $1,700,000 $923pw 2.8% View Suburb Profile
Newcastle NSW, 2300 Unavailable Unavailable $830pw Unavailable View Suburb Profile
Cooks Hill NSW, 2300 1.32% $1,500,000 $700pw 2.4% View Suburb Profile
Adamstown NSW, 2289 10% $1,045,000 $635pw 3.2% View Suburb Profile
Bar Beach NSW, 2300 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Meridan Plains QLD, 4551 14.80% $843,750 $670pw 4.1% View Suburb Profile

Currency

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