Download your FREE reports now!

Investment Property Merewether, NSW, 2291

Suburb Snapshot

Merewether is a suburb in the Newcastle Region of New South Wales. Merewether has a population of 10,964 people and 30.22% of its occupants live in rental accommodation. The median listing price for houses is $2,075,000 and this has changed 4.40% over the past year and changed 12.16% over 2 years.

The median rent in Merewether for houses is $850 per week and the median rental yield is 2.13%. Stock on the market for houses/townhouses has changed 12.00% compared to last year and the average time to sell a house/townhouse is 90 days.The median listing price for units is $745,000 and this has changed 3.47% over the past year. The average unit takes 50 days to sell and the median rent for a unit in Merewether is $560 per week, producing a rental yield of 3.90%.

Supply & Demand in Merewether, Newcastle

1.12%

Current vacancy rate


60

Rental stock available


10,964

Population


30.22%

Rental population


1.04%

Current vacancy rate


855

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Merewether, Newcastle

  House Townhouses Units
Median listing price $2,075,000 $1,250,000 $745,000
Median price change - last quarter 4.14% 4.38% 3.47%
Median price change - 1 year 4.40% 25.00% 3.47%
Median price change - 2 years 12.16% 21.95% 6.58%
  House Townhouses Units
Median weekly rent $850 $790 $560
Median yield % 2.13% 3.28% 3.90%
Median rent change - 1 year 6.25% 12.85% 3.70%
  House Units
Previous month sales 16 2
Stock on market previous month 56 11
Stock variance vs. last year 12.00% -38.89%
Average days on market 90 50

Merewether investment property listings

0 found properties in Merewether on realestateinvestar.com.au

Navigate to more Suburbs, Regions or States