Thinking about buying in Merivale? Now could not be a better time, with just 99 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $496,000 with prices in this suburb ranging from $417,000 to $655,000. Merivale 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
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In Merivale there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Merivale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Merivale leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Merivale 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.
None within suburb boundary
(While the above schools are located with the suburb of Merivale 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 | 0.9 | 16.6 | 26.6 | 44.1 | 86.3 | 5.4 | 25.5 |
| Feb | 1.1 | 16.6 | 26.4 | 45.0 | 88.1 | 5.2 | 21.8 |
| Mar | 1.0 | 15.7 | 25.8 | 43.9 | 89.2 | 4.7 | 17.7 |
| Apr | 1.2 | 13.8 | 23.8 | 44.7 | 91.0 | 4.2 | 14.5 |
| May | 2.4 | 11.4 | 20.5 | 47.4 | 91.6 | 4.2 | 10.5 |
| Jun | 2.2 | 9.4 | 18.5 | 48.0 | 91.8 | 4.5 | 9.6 |
| Jul | 2.9 | 8.5 | 17.5 | 49.0 | 92.9 | 4.6 | 9.7 |
| Aug | 3.0 | 8.8 | 18.3 | 46.4 | 92.4 | 4.8 | 12.6 |
| Sept | 2.2 | 9.7 | 20.0 | 41.9 | 91.8 | 5.0 | 17.2 |
| Oct | 1.2 | 11.8 | 22.5 | 42.5 | 88.8 | 4.9 | 22.2 |
| Nov | 1.5 | 13.4 | 24.1 | 41.0 | 88.6 | 5.1 | 25.4 |
| Dec | 0.6 | 14.8 | 25.2 | 41.9 | 85.7 | 5.3 | 27.2 |
source: Australian Government Bureau of Meteorology
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