Thinking about buying in Merewether? Now could not be a better time, with 6565 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,724,000 with prices in this suburb ranging from $11,000 to $19,451,000. Merewether is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $477.17 |
Median Monthly Mortgage | $2547.26 |
Median Persons Per Bedroom | 0.82 |
Average Household Size | 2.63 |
Average Age | 39.69 |
Average Income | $1118.31 |
Average Cars Per Dwelling | 1.91 |
Average Properties Within 50M | 25 |
1 Bed  $631,000 |
2 Bed  $1,009,000 |
3 Bed  $1,744,000 |
4 Bed  $2,555,000 |
5 Bed  $3,738,000 |
6 Bed+$3,381,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Merewether ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Merewether classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Merewether to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
UNIT 15, 22 PATRICK ST, MEREWETHER, NSW, 2291 | 4 | 3 | 2 | Contact Agent | |
UNIT 1, 14 SELWYN ST, MEREWETHER, NSW, 2291 | 2 | 1 | 1 | $670,000 - $720,000 | |
UNIT 1, 37 RAILWAY ST, MEREWETHER, NSW, 2291 | 3 | 2 | 2 | 1600000 | |
63 HELEN ST, MEREWETHER, NSW, 2291 | 4 | 1 | 1 | 1700000 |
Hamilton South Public School
Merewether Public School
Holy Family Primary School
The Junction Public School
Merewether Heights Public School
St Joseph's Primary School
Newcastle High School
Adamstown Public School
St Francis Xavier's College
Merewether High School
(While the above schools are located with the suburb of Merewether there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
07-11-2024 | $2,270,000 | 42 SMITH ST |
04-11-2024 | $1,150,000 | 4 / 15 LIVINGSTONE ST |
01-11-2024 | $3,300,000 | 30 ROWAN CRES |
01-11-2024 | $2,715,000 | 9 MARGARET ST |
31-10-2024 | $610,000 | 7 / 18 BURWOOD ST |
31-10-2024 | $2,400,000 | 41 CRAM ST |
30-10-2024 | $4,850,000 | 15 HILLCREST RD |
30-10-2024 | $2,200,000 | 86 TURNBULL ST |
29-10-2024 | $193,750 | 1 / 30 BERNER ST |
28-10-2024 | $1,100,200 | 202 / 38 LLEWELLYN ST |
28-10-2024 | $1,681,000 | 44 KEMPSTER RD |
28-10-2024 | $1,100,000 | 9 WILTON ST |
23-10-2024 | $3,050,000 | 12 MACQUARIE ST |
23-10-2024 | $880,000 | 11 / 20 BURWOOD ST |
23-10-2024 | $1,100,000 | 2 / 38 SELWYN ST |
21-10-2024 | $2,000,000 | 1 / 89 RIDGE ST |
18-10-2024 | $3,675,000 | 11 BANK ST |
15-10-2024 | $2,100,000 | 1 / 200 GLEBE RD |
14-10-2024 | $930,000 | 4 / 14 BURWOOD ST |
11-10-2024 | $2,220,000 | 52 TURNBULL ST |
09-10-2024 | $2,300,000 | 132 NATIONAL PARK ST |
08-10-2024 | $1,469,000 | 64 EDWARD ST |
04-10-2024 | $2,900,000 | 27 JANET ST |
30-09-2024 | $1,620,000 | 4 WILTON ST |
27-09-2024 | $715,000 | 1 / 18 SELWYN ST |
25-09-2024 | $2,950,000 | 41 BUCHANAN ST |
23-09-2024 | $1,992,000 | 53 LLEWELLYN ST |
20-09-2024 | $780,000 | 7 / 42 MORGAN ST |
20-09-2024 | $2,300,000 | 166 NATIONAL PARK ST |
19-09-2024 | $5,601,000 | 8 JANET ST |
18-09-2024 | $1,525,000 | 62 RAILWAY ST |
18-09-2024 | $1,300,000 | 1 ALLWORTH ST |
18-09-2024 | $1,255,000 | 1 / 19 RANCLAUD ST |
18-09-2024 | $3,190,000 | 14 ROWLANDS ST |
16-09-2024 | $1,490,000 | 3 / 19 PELL ST |
11-09-2024 | $660,000 | 1 / 49 MORGAN ST |
09-09-2024 | $2,825,000 | 37 HALL ST |
06-09-2024 | $730,000 | 1 / 429 GLEBE RD |
06-09-2024 | $666,000 | 3 / 64 RAILWAY ST |
30-08-2024 | $2,280,000 | 126 RIDGE ST |
29-08-2024 | $1,225,000 | 18 WOODWARD ST |
28-08-2024 | $1,870,000 | 6 ROSE ST |
27-08-2024 | $1,750,000 | 1 / 213 MORGAN ST |
26-08-2024 | $3,200,000 | 21 HELEN ST |
23-08-2024 | $1,675,000 | 125 HENRY ST |
23-08-2024 | $810,000 | 1 / 2 MARY ST |
23-08-2024 | $1,700,000 | 146 MACQUARIE ST |
23-08-2024 | $2,502,000 | 29 SCENIC DR |
22-08-2024 | $2,750,000 | 31 RANCLAUD ST |
20-08-2024 | $1,700,000 | 10 FLOWERDALE AVE |
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