Auction Times
Wed 6 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 186 Morgan Street 5 3 4 House | 5:00 PM Wed 6th Jul | PRDnationwide |
 | 24 Elliott Street 3 2 3 House | 5:00 PM Wed 6th Jul | PRDnationwide |
 | 130 Henry Street 5 3 2 House | 5:00 PM Wed 6th Jul | PRDnationwide |
Sat 9 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 46 Buchanan Street 4 3 2 House | 10:30 AM Sat 9th Jul | Raine & Horne |
 | 2/3 Lingard Street 4 2 2 Duplex/semi-detached | 11:15 AM Sat 9th Jul | Street Property Group |
 | 41 Helen Street 4 2 2 House | 12:45 PM Sat 9th Jul | Robinson Property |
 | 59 Smith Street 5 3 2 House | 1:30 PM Sat 9th Jul | Street Property Group |
Wed 13 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 7/41 Morgan Street 2 1 1 Apartment | 6:15 PM Wed 13th Jul | Richardson & Wrench Newcastle City |
Sat 16 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 7 Rowan Crescent 3 1 1 House | 11:15 AM Sat 16th Jul | Walkom Real Estate |
 | 12 Little Edward Street 3 2 2 House | 12:00 PM Sat 16th Jul | Street Property Group |
Median Sale Price
House
$2M
Updated on May 2022
2 BR $1.46M | 3 BR $1.58M | 4 BR $2.05M |
Unit
$836K
Updated on May 2022
1 BR $462K | 2 BR $765K | 3 BR $1.15M |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $650,000 | 0.0% | $243,000 | $5,000,000 | 168 |
| 2010 | $729,000 | +10.8% | $335,000 | $3,770,000 | 163 |
| 2011 | $710,000 | -2.7% | $200,000 | $2,850,000 | 178 |
| 2012 | $725,000 | +2.1% | $325,000 | $4,000,000 | 185 |
| 2013 | $885,000 | +18.1% | $252,000 | $3,550,000 | 203 |
| 2014 | $870,000 | -1.7% | $360,000 | $2,750,000 | 153 |
| 2015 | $930,000 | +6.5% | $304,500 | $4,100,000 | 111 |
| 2016 | $1,170,000 | +20.5% | $425,200 | $3,150,000 | 107 |
| 2017 | $1,400,000 | +16.4% | $540,000 | $5,050,000 | 110 |
| 2018 | $1,350,000 | -3.7% | $590,000 | $4,590,000 | 103 |
| 2019 | $1,240,000 | -8.9% | $572,000 | $3,450,000 | 108 |
| 2020 | $1,630,000 | +23.9% | $565,000 | $6,150,000 | 117 |
| 2021 | $2,020,000 | +19.3% | $455,000 | $8,700,000 | 136 |
| 2022 | $1,925,000 | -4.9% | $770,000 | $6,100,000 | 50 |
Median Sale Price
$2.05M
Based on 114 recorded sales within the last 12 months
Updated on 3 Jul 2022
Suburb Growth
+15.4%
Current Median Price: $2,045,000
Previous Median Price: $1,730,000
Based on 254 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2022)
Price Range Segments (12 months ending Jun 2022)
Median Weekly Rent Price
House
$750
Updated on May 2022
2 BR $510 | 3 BR $700 | 4 BR $950 |
Unit
$480
Updated on May 2022
1 BR $380 | 2 BR $480 | 3 BR $730 | 4 BR $680 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $480 | 0.0% | $271 | $1,300 | 50 |
| 2012 | $520 | +7.7% | $275 | $1,300 | 69 |
| 2013 | $525 | +1.0% | $240 | $1,800 | 148 |
| 2014 | $500 | -5.0% | $220 | $1,800 | 101 |
| 2015 | $525 | +4.8% | $280 | $950 | 149 |
| 2016 | $550 | +4.5% | $300 | $1,500 | 125 |
| 2017 | $530 | -3.8% | $300 | $1,250 | 117 |
| 2018 | $600 | +11.7% | $280 | $1,500 | 113 |
| 2019 | $610 | +1.6% | $280 | $1,400 | 102 |
| 2020 | $700 | +12.9% | $310 | $1,500 | 101 |
| 2021 | $795 | +11.9% | $400 | $3,500 | 101 |
| 2022 | $750 | -6.0% | $400 | $1,500 | 49 |
Median Rent Price
$750
per week
Based on 104 recorded rent within the last 12 months
Updated on 3 Jul 2022
Rent Price Growth
0.0%
Current Median Rent: $750
Previous Median Rent: $750
Based on 194 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.9%
Current Median Price: $2,045,000
Current Median rent: $750
Based on 218 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2022)
Schools closest to Merewether, NSW 2291
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Holy Family Primary School | 19 JANET STREETMerewether 2291 | Primary | Catholic | 0.74 km |
| The Junction Public School | UNION STMerewether 2291 | Primary | Government | 0.73 km |
| Hamilton South Public School | KENRICK STMerewether 2291 | Primary | Government | 1.01 km |
| St Joseph's Primary School | FARQUHAR STREETMerewether 2291 | Primary | Catholic | 0.91 km |
| Merewether Public School | HENRY STMerewether 2291 | Primary | Government | 1.01 km |
| Newcastle High School | PARK WAY AVEHamilton 2303 | Secondary | Government | 1.34 km |
| Merewether Heights Public School | CEDAR CRESMerewether Heights 2291 | Primary | Government | 1.39 km |
| St Francis Xaviers College | 286 PARKWAY AVENUEHamilton 2303 | Secondary | Catholic | 1.79 km |
| Merewether High SchoolTop 10 | CHATHAM STBroadmeadow 2303 | Secondary | Government | 2.09 km |