Auction Times
Sat 30 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 91 Merewether Street 3 2 1 House | 9:45 AM Sat 30th Jan | First National Newcastle City |
Median Sale Price
House
$1.43M
Updated on Dec 2020
2 BR $765K | 3 BR $1.1M | 4 BR $1.65M |
Unit
$615K
Updated on Dec 2020
1 BR $373K | 2 BR $540K | 3 BR $855K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $650,000 | 0.0% | $243,000 | $2,300,000 | 168 |
| 2010 | $729,000 | +10.8% | $335,000 | $3,550,000 | 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% | $570,000 | $4,590,000 | 103 |
| 2019 | $1,240,000 | -8.9% | $572,000 | $3,450,000 | 108 |
| 2020 | $1,325,000 | +6.4% | $565,000 | $4,200,000 | 116 |
| 2021 | $660,000 | -100.8% | $660,000 | $660,000 | 2 |
Median Sale Price
$1.3M
Based on 115 recorded sales within the last 12 months
Updated on 20 Jan 2021
Suburb Growth
+4.6%
Current Median Price: $1,300,000
Previous Median Price: $1,240,000
Based on 225 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$650
Updated on Dec 2020
2 BR $500 | 3 BR $620 | 4 BR $800 |
Unit
$425
Updated on Dec 2020
1 BR $340 | 2 BR $420 | 3 BR $650 | 4 BR $650 |
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 | $520 | +3.8% | $280 | $950 | 149 |
| 2016 | $550 | +5.5% | $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% | $390 | $1,500 | 94 |
| 2021 | - | - | - | - | - |
Median Rent Price
$690
per week
Based on 88 recorded rent within the last 12 months
Updated on 20 Jan 2021
Rent Price Growth
+10.1%
Current Median Rent: $690
Previous Median Rent: $620
Based on 191 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,300,000
Current Median rent: $690
Based on 203 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Merewether
Houses sold in Last 12 months ends 16 Jan 2021
$1.1M
Median Sale Price
75%
Clearance Rate
3/4
Sold/Reported
$1.1M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 1 | |
Similar Suburbs to Merewether 2291
Based on median house sale price sold in last 12 months
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 |