With a capital gain of 18.68% for the last 12 months, Merewether Heights, 2291 has performed for property investments than its average annual 6.16% property growth over the last 5 years.
Merewether Heights,2291 has offered an average of 18.68% return per annum in house price rises to property investors over the last three years.
At number 105th of NSW’s most discounted properties, Merewether Heights is in the bottom 10% of the state/territory when listing in order of most discounted to least.
At number 4 in a list of fastest selling suburbs, Merewether Heights is in the TOP 10% of suburbs in Australia with an average of days on market 18.72 for properties listed there.
A $610 per week rent on the median house gives suburb investors a gross yield of circa 3.63%, without taking into account capital value appreciation, which has been averaging out at 6.16%.