Merewether, NSW 2291

Merewether, NSW 2291

Compare Part of Newcastle

115.24 km
Distance from CBD
13 k
Population

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