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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 $2,000,000 and this has changed 0.00% over the past year and changed 5.68% over 2 years.

The median rent in Merewether for houses is $850 per week and the median rental yield is 2.21%. Stock on the market for houses/townhouses has changed 1.89% compared to last year and the average time to sell a house/townhouse is 95 days.The median listing price for units is $737,500 and this has changed 3.87% over the past year. The average unit takes 50 days to sell and the median rent for a unit in Merewether is $570 per week, producing a rental yield of 4.01%.

Supply & Demand in Merewether, Newcastle

1.23%

Current vacancy rate


66

Rental stock available


10,964

Population


30.22%

Rental population


1.06%

Current vacancy rate


872

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,155

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 $2,000,000 $1,312,500 $737,500
Median price change - last quarter 4.14% 4.38% 3.47%
Median price change - 1 year 0.00% 31.25% 3.87%
Median price change - 2 years 5.68% 28.04% 5.81%
  House Townhouses Units
Median weekly rent $850 $800 $570
Median yield % 2.21% 3.16% 4.01%
Median rent change - 1 year 6.25% 14.28% 5.55%
  House Units
Previous month sales 17 4
Stock on market previous month 54 10
Stock variance vs. last year 1.89% -33.33%
Average days on market 95 50

Merewether investment property listings

Showing 2 of 2 investment properties found in Merewether on realestateinvestar.com.au

46A Edward St, Merewether

$2,400,000

property pic

Custom built luxury crafted to take in the sweeping city and coa

Custom built and only two years old, this Torrens title home sits high to soak up sweeping coastal views by day and a glittering city skyline by night. It unfolds across two light-filled levels above a large double garage with quality you can feel at every turn. Herringbone Blackbutt floors set ...

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House

NSW 2291


88A Curry St, Merewether

$0

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Unbeatable Views, Beautifully Updated

Perched high and privately at the rear of the block, this Torrens title home delivers a view that honestly stops you in your tracks. From the city skyline to Barrington Tops and Strzelecki Lookout across to Port Stephens and all the way down to Merewether Beach, the outlook wraps around you like a ...

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House

NSW 2291


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