Back

Merewether NSW 2291: Property Market Report & Real Estate Insights

Part of Newcastle, NSW

Property Market

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

Typical House Prices

1 bed property $631,000
2 bed property $1,009,000
3 bed property $1,744,000
4 bed property $2,555,000
5 bed property $3,738,000
6 bed+ property $3,381,000

Typical Homes & Property Types

Average Internet Speeds in Merewether

Download 25 Mbps / Upload 5 Mbps

Merewether Real Estate Market Outlook

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

Living in Merewether

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.

Instant Property Valuation

Merewether, a suburb situated in Newcastle, New South Wales, is often regarded for its vibrant housing market, characterized by a blend of historical charm and modern development. Over the years, Merewether has maintained its reputation as one of the most sought-after residential areas, largely due to its stunning beachfront location, which attracts buyers looking for the quintessential coastal lifestyle. The suburb features an eclectic mix of property options, ranging from luxury oceanfront homes and modern apartments to charming older-style houses that reflect its rich history. This variety caters to a diverse demographic, including families, young professionals, and retirees. The high demand and limited supply of properties often result in competitive bidding, making it a dynamic and sometimes challenging market for potential homebuyers. Despite occasional fluctuations, the overall trajectory of property values tends to be upward due to Merewether's desirable location and established community amenities.

Living in Merewether offers a unique combination of coastal tranquility and urban convenience, making it a compelling choice for residents who appreciate both relaxation and vibrancy. Merewether Beach, renowned for its exceptional surf conditions, is a hub of activity and a focal point for locals and tourists alike. The area exudes a laid-back lifestyle, embraced by its picturesque ocean baths, scenic walking trails, and lush parks like the nearby Glenrock State Conservation Area. Additionally, residents enjoy easy access to a variety of cafés, bars, and restaurants along with retail outlets that cater to everyday needs. From a community perspective, Merewether offers a tight-knit, welcoming environment where regular local events and markets foster strong social connections. The suburb's close proximity to Newcastle's city center also ensures that cultural attractions, nightlife, and business opportunities are conveniently within reach, enhancing the overall appeal of living in this prime location.



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2026-01-19 $2,300,000 13 Lingard Street Merewether, NSW
2026-01-16 $2,750,000 42 Henry Street Merewether, NSW
2026-01-15 $955,000 2 / 65 Selwyn Street Merewether, NSW
2026-01-15 $1,300,000 47 Railway Street Merewether, NSW
2026-01-15 $2,500,000 14 Hillcrest Road Merewether, NSW
2026-01-14 $1,650,000 153 Henry Street Merewether, NSW
2026-01-14 $1,561,500 215 Morgan Street Merewether, NSW
2026-01-12 $900,000 2 / 70 Frederick Street Merewether, NSW
2026-01-07 $3,600,000 90 Henry Street Merewether, NSW
2025-12-22 $2,600,000 37 Pell Street Merewether, NSW
2025-12-22 $350,000 6 / 21 Selwyn Street Merewether, NSW
2025-12-19 $740,000 1 / 57 Mitchell Street Merewether, NSW
2025-12-19 $760,000 3 / 26 Morgan Street Merewether, NSW
2025-12-19 $3,800,000 152 National Park Street Merewether, NSW
2025-12-19 $1,930,000 67 Woodward Street Merewether, NSW
2025-12-19 $1,085,000 2 / 391 Glebe Road Merewether, NSW
2025-12-18 $1,205,000 2 / 31 Merewether Street Merewether, NSW
2025-12-17 $2,850,000 56 Turnbull Street Merewether, NSW
2025-12-16 $810,000 2 / 30 Berner Street Merewether, NSW
2025-12-16 $780,000 4 / 38 Henry Street Merewether, NSW
2025-12-15 $1,305,000 114 Macquarie Street Merewether, NSW
2025-12-15 $1,650,000 1 / 37 Railway Street Merewether, NSW
2025-12-15 $2,720,000 19 Turnbull Street Merewether, NSW
2025-12-15 $880,000 1 / 14 Wilton Street Merewether, NSW
2025-12-12 $835,000 6 / 7 Rowlands Street Merewether, NSW
2025-12-12 $928,000 3 / 8 Dent Street Merewether, NSW
2025-12-12 $2,410,000 111 Ridge Street Merewether, NSW
2025-12-12 $1,325,000 2 / 54 Winsor Street Merewether, NSW
2025-12-11 $3,170,000 29 Pell Street Merewether, NSW
2025-12-09 $2,425,000 77 Ridge Street Merewether, NSW
2025-12-09 $3,560,000 37 Stanley Street Merewether, NSW
2025-12-09 $1,875,000 39 Turnbull Street Merewether, NSW
2025-12-09 $2,425,000 77 Ridge Street Merewether, NSW
2025-12-09 $3,560,000 37 Stanley Street Merewether, NSW
2025-12-09 $1,875,000 39 Turnbull Street Merewether, NSW
2025-12-08 $2,310,000 14 Fellowes Street Merewether, NSW
2025-12-08 $2,600,000 39 Kempster Road Merewether, NSW
2025-12-08 $2,380,000 3 Ulick Street Merewether, NSW
2025-12-08 $2,310,000 14 Fellowes Street Merewether, NSW
2025-12-08 $2,600,000 39 Kempster Road Merewether, NSW
2025-12-08 $2,380,000 3 Ulick Street Merewether, NSW
2025-12-05 $2,850,000 2 / 152 Glebe Road Merewether, NSW
2025-12-05 $3,010,000 4 Rose Street Merewether, NSW
2025-12-05 $4,850,000 3 Curry Street Merewether, NSW
2025-12-05 $2,850,000 2 / 152 Glebe Road Merewether, NSW
2025-12-05 $3,010,000 4 Rose Street Merewether, NSW
2025-12-04 $1,120,000 103 / 29 Llewellyn Street Merewether, NSW
2025-12-01 $2,301,000 18 Buchanan Street Merewether, NSW
2025-11-28 $1,180,000 201 / 29 Llewellyn Street Merewether, NSW
2025-11-28 $3,780,000 47 Helen Street Merewether, NSW

Local Schools

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

Is Merewether a safe suburb?

Incidents Trend State Average

We are currently collecting information for this location.

}

Balmain East Weather – Average Local Climate by Month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology


Nearby Suburbs

Merewether HeightsHamilton SouthThe JunctionAdamstownHamilton EastBar BeachHighfieldsNewcastle WestBroadmeadowCooks Hill

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!

Home Loan Repayment Calculator

Monthly payment (base):
Monthly payment (with extra):
Total interest (with extra):
Total interest (no extra):
Total cost (Loan + Interest):
Loan payoff time (with extra):
Loan Repayment Schedule
mortgage

Affordability Calculator