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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 $1,987,500 and this has changed 7.43% over the past year and changed 7.43% over 2 years.

The median rent in Merewether for houses is $800 per week and the median rental yield is 2.09%. Stock on the market for houses/townhouses has changed 8.70% compared to last year and the average time to sell a house/townhouse is 74 days.The median listing price for units is $720,000 and this has changed 3.00% over the past year. The average unit takes 95 days to sell and the median rent for a unit in Merewether is $540 per week, producing a rental yield of 3.90%.

Supply & Demand in Merewether, Newcastle

1.21%

Current vacancy rate


64

Rental stock available


10,964

Population


30.22%

Rental population


1.17%

Current vacancy rate


949

Rental stock available


155,409

Population


31.53%

Rental population


1.05%

Current vacancy rate


37,812

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 $1,987,500 $1,000,000 $720,000
Median price change - last quarter -5.36% 1.01% 8.27%
Median price change - 1 year 7.43% -2.44% 3.00%
Median price change - 2 years 7.43% -4.77% -1.37%
  House Townhouses Units
Median weekly rent $800 $700 $540
Median yield % 2.09% 3.64% 3.90%
Median rent change - 1 year 4.57% 7.69% 9.09%
  House Units
Previous month sales 6 0
Stock on market previous month 50 18
Stock variance vs. last year 8.70% 38.46%
Average days on market 74 95

Merewether investment property listings

Showing 5 of 47 investment properties found in Merewether on realestateinvestar.com.au

186 Morgan St, Merewether

$2,400,000

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Experience Elevated Family Living: A Captivating Five-Bedroom Oa

Recently renovated and redesigned to surpass expectations, this five-bedroom home spans two levels, offering a seamless indoor-outdoor flow and an abundance of space. Enjoy picturesque views of the swimming pool and cabana from the rear, creating the perfect backdrop for entertaining or ...

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NSW 2291


2/18 Helen St, Merewether

$750,000

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Coastal apartment living - 400m walk to the beach

Perfectly positioned in the heart of Merewether, in a well-maintained group, this light-filled apartment presents a fantastic opportunity for those looking to enjoy an envious, low-maintenance coastal lifestyle by the sea. Ideally suited to first home buyers, professional couples or investors you ...

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NSW 2291


9/51 Morgan St, Merewether

$495,000

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An ideal choice low-maintenance, beachside unit

Located in the beachside suburb of Merewether, this well-kept unit offers a coastal lifestyle and convenience. Situated on Morgan Street, the one-bedroom property is located on the second floor of the complex and is positioned close to The Junction Shopping Village, Newcastle's beautiful beaches ...

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NSW 2291


126 Macquarie St, Merewether

$1,700,000

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Flexible floorplan for large families immersed in northerly view

Promising the best of both worlds, this hugely versatile and spacious dual level home delivers all the benefits of a Merewether address, yet also offers wonderful privacy immersed in a tranquil, leafy setting capturing far-reaching district views. Wake to the sounds of birdsong, start your day ...

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NSW 2291


9 Margaret St, Merewether

$2,900,000

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Be the first to enjoy this stunning Hamptons inspired family hav

In this bespoke, brand-new home, you'll love the opportunity to inaugurate the kitchen with your culinary creations, witness your children's delight as they christen the backyard with games of soccer, and peacefully drift off to sleep in a bedroom untouched by previous occupants. Crafted to an ...

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NSW 2291


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