Giving property investors a a solid capital gain of 20.69% for the last year, Merewether, 2291 is the 219th highest performer in Australia in this respect.
Merewether,2291 has offered an average of 20.69% return per annum in house price rises to property investors over the last three years.
Merewether, 2291 is offering NSW ‘s 644th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.51%, without taking into account capital value appreciation, which has been averaging out at 7.87%.
NSW has seen average median house prices change by 5.41% which means that Merewether, 2291 has done well for property investors by showing a capital gain of -1.02% over the last year
Across a shorter period, Merewether, 2291 has seen a median price increase of -1.02% over the last quarter.
Our latest figures would indicate that property sellers in Merewether are currently offering property investors an average price cut of -3.77% below the asking price at the moment.
Merewether, 2291’s gross rental yield is 4.02%