Merewether, 2291 ranked 811th in NSW when comparing growth in median property values or capital gain over the last 12 months. Merewether is one of 3162 in our list for NSW
Across a shorter period, Merewether, 2291 has seen a median price increase of 3.65% over the last quarter.
Merewether2291 is located in NSW which offers an average discount of -5.52% to property investors. Merewether itself is showing figures that indicate -4.69% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $550 mark per week – giving a return of 2.87% based on the median price in Suburb
Merewether, 2291 ranked 370th in NSW when comparing growth in median property values or capital gain over the last 12 months. Merewether is one of 3162 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Merewether has increased when compared to the 5 year average annual rate.
The most recent median price for Merewether is $480000, with sellers offering an average of -3.25% off the asking price.
In the last year 87 properties changed hands in Merewether, which puts it as the 155th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4500 per annum or $375 every week.