NSW has seen average median house prices change by 4.04% which means that Merewether, 2291 has done well for property investors by showing a capital gain of 1.48% over the last year
Taking the average capital gain, or increase in median house value, Merewether,2291 has racked up an average of 1.48% over the period. This ranks it number 210th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Merewether 2291 should be seeing an average reduction in asking price of around -9.34% . This means that Merewether is holding prices well when compared to other suburbs in NSW.
Merewether is 1095th on a list of best yielding suburbs for rents in NSW with a 2.22% return
Over the last year, property investments in Merewether, 2291 have given investors a capital gain of 1.23%. This compares averagely with the 1.69% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Merewether,2291 has racked up an average of 1.23% over the period. This ranks it number 347th in the whole country for real estate investors looking at median house price increases.
Merewether, 2291 is offering NSW ‘s 307th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 3.33%, without taking into account capital value appreciation, which has been averaging out at 6.63%.