Suburb Profile Report for Meroo Meadow NSW (2540)

Meroo Meadow House: Median price $695,000, Annual capital growth 10.43%, Number of sales 17, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Meroo Meadow, 2540 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.91%

While Meroo Meadow,2540 ranked number 142th in NSW for increase in median house value (annualised) increase, it is ranked 1232th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Meroo Meadow itself are offering an average vendor discount of -2.44% to real estate investors.

At number 3010 in a list of fastest selling suburbs, Meroo Meadow is in the bottom 30% of suburbs in Australia with an average of days on market 108.21 for properties listed there.

Metrics i HOUSE UNIT
$695,000 N/A
7.84% N/A
4.91% N/A
10.43% N/A
N/A N/A
17 N/A
N/A N/A
108.21 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 350
Median household income ($/weekly) 1437
Median age of persons 49
Median housing loan repayment ($/monthly) 3400
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 38 10.9
    35-44 years 37 10.6
    45-54 years 66 18.9
    55-64 years 66 18.9
    65-74 years 44 12.6
    Others 99 28.3
    Age Group
    Census Count Percent(%)
    Registered Married 166 60.8
    Not Married 85 31.1
    Defacto Relationship 22 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 306 89.5
    United Kingdom 24 7.0
    Papua New Guinea 6 1.8
    Egypt 3 0.9
    Italy 3 0.9
    Others 0 0.0
    Country of Birth
    Census Count Percent(%)
    Christianity 258 79.9
    No Religion 65 20.1
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 10 8.9
    $800-$999 14 12.5
    $1,250-$1,499 10 8.9
    $1,500-$1,999 22 19.6
    $2,000-$2,499 12 10.7
    Others 44 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 105 37.1
    Not in the labour force 89 31.4
    Employed, worked part-time 64 22.6
    Employed, away from work 13 4.6
    Unemployed, looking for work 12 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 40 22.1
    Professionals 43 23.8
    Technicians & trades workers 22 12.2
    Community & personal service workers 21 11.6
    Clerical & administrative workers 24 13.3
    Others 31 17.1
    Occupation
    Census Count Percent(%)
    Pre-school 7 8.9
    Infants/Primary 23 29.1
    Secondary 29 36.7
    Technical or Further Educational Institution 6 7.6
    Other type of educational institution 8 10.1
    Others 6 7.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 320 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 61 45.9
    Being purchased 40 30.1
    Rented 28 21.1
    Other tenure type 4 3.0
    Tenure Type
Census 2011, ABS
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