Auction Times
Sat 20 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 98 Ridge Street 2 1 1 House | 10:00 AM Sat 20th Apr | Dalton Partners |
Wed 24 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 31 Ranclaud Street 4 2 2 House | 5:00 PM Wed 24th Apr | PRDnationwide |
 | 97 Henry Street 5 2 3 House | 5:00 PM Wed 24th Apr | PRDnationwide |
 | 6 Rose Street 3 2 3 House | 5:00 PM Wed 24th Apr | PRDnationwide |
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 2/14 Selwyn Street 2 1 1 Unit | 11:00 AM Sat 27th Apr | McGrath |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | $711,200 | -2.5% | $200,000 | $2,850,000 | 178 |
| 2012 | $735,000 | +3.2% | $325,000 | $4,000,000 | 185 |
| 2013 | $885,000 | +16.9% | $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 | 111 |
| 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 | $1,850,000 | -9.2% | $770,000 | $6,100,000 | 117 |
| 2023 | $2,125,000 | +12.9% | $810,000 | $11,050,000 | 103 |
| 2024 | $1,955,000 | -8.7% | $865,000 | $6,040,000 | 32 |
Median Sale Price
$2.05M
Based on 101 recorded sales within the last 12 months
Updated on 18 Apr 2024
Suburb Growth
+7.3%
Current Median Price: $2,050,000
Previous Median Price: $1,900,000
Based on 222 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | $620 | +3.2% | $280 | $1,400 | 102 |
| 2020 | $700 | +11.4% | $310 | $1,500 | 101 |
| 2021 | $800 | +12.5% | $400 | $3,500 | 102 |
| 2022 | $750 | -6.7% | $400 | $2,000 | 123 |
| 2023 | $850 | +11.8% | $410 | $1,900 | 144 |
| 2024 | $835 | -1.8% | $370 | $2,500 | 34 |
Median Rent Price
$835
per week
Based on 132 recorded rent within the last 12 months
Updated on 18 Apr 2024
Rent Price Growth
+4.8%
Current Median Rent: $835
Previous Median Rent: $795
Based on 266 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.1%
Current Median Price: $2,050,000
Current Median rent: $835
Based on 233 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Merewether
Houses sold in Last 12 months ends 13 Apr 2024
$2.15M
Median Sale Price
56%
Clearance Rate
16/29
Sold/Reported
$6.11M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 1 | |
| $2 M - $3 M (Median Price Range) | 6 | |
| $1.8 M - $2 M | 1 | |
| $1 M - $1.2 M | 3 | |
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 |