Merewether is in the TOP 10% in NSW when comparing median price capital growth over the last year. Merewether gave property investors a very good capital gain figure when compared to the rest of the state, with 36.28%.
Merewether,2291 has offered an average of 36.28% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Merewether itself are offering an average vendor discount of -7.82% to real estate investors.
Merewether is 1120th on a list of best yielding suburbs for rents in NSW with a 2.13% return
With a capital gain of 13.16% for the last 12 months, Merewether, 2291 has performed for property investments than its average annual 6.27% property growth over the last 5 years.
A 41.82% growth in median value for property investors in Merewether,2291 puts this suburb at number 44th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Merewether, 2291. Typically our figures indicate that -3.93% is being offered, which puts this NSW suburb at 1050th most discounted overall in Australia.
On average over the past year, suburb has had 9.25 sales per month, which equates to 111 per year.
With the median price for a house in Merewether being $546000 and the advertised rent reaching $367.5 the gross rental yield for property investors calculates out to be 3.50%