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Investment Property Merewether Heights, NSW, 2291

Suburb Snapshot

Merewether Heights is a suburb in the Newcastle Region of New South Wales. Merewether Heights has a population of 1,400 people and 7.63% of its occupants live in rental accommodation. The median listing price for houses is $1,650,000 and this has changed NA over the past year and changed 17.85% over 2 years.

The median rent in Merewether Heights for houses is $920 per week and the median rental yield is 2.89%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 57 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Merewether Heights is NA per week, producing a rental yield of NA.

Supply & Demand in Merewether Heights, Newcastle

0.19%

Current vacancy rate


1

Rental stock available


1,400

Population


7.63%

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


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Statistical data for Merewether Heights, Newcastle

  House Townhouses Units
Median listing price $1,650,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year NA NA NA
Median price change - 2 years 17.85% NA NA
  House Townhouses Units
Median weekly rent $920 NA NA
Median yield % 2.89% NA NA
Median rent change - 1 year 1.09% NA NA
  House Units
Previous month sales 2 0
Stock on market previous month 6 0
Stock variance vs. last year 0.00% 0.00%
Average days on market 57 NA

Merewether Heights investment property listings

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