Merewether has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.15% to date .
If we look at median property appreciation over just the last three months, Merewether has given property investors a paper return of 2.01%. This puts Suburb as 492 on a list of fastest fasting appreciating suburbs in NSW
At number 722th of NSW’s most discounted properties, Merewether is in the middle of the state/territory when listing in order of most discounted to least.
At number 683 in a list of fastest selling suburbs, Merewether is in the TOP 20% of suburbs in Australia with an average of days on market 53.32 for properties listed there.
Merewether is 969th on a list of best yielding suburbs for rents in NSW with a 2.82% return
Giving property investors a a stable capital gain of 5.83% for the last year, Merewether, 2291 is the 627th highest performer in Australia in this respect.
Merewether,2291 has offered an average of 5.83% return per annum in house price rises to property investors over the last three years.
Merewether, 2291 is offering NSW ‘s 359th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
In the last year 90 properties changed hands in Merewether, which puts it as the 153th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Merewether, 2291 is in the Newcastle local government area.