Merewether — Houses

BUY
NSW 2291 House Rank #7 of 74 in Newcastle
$1.63M
Median House Price · recent comparable sales
Rental Pressure Market #7 of 74

Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Rental Pressure Market
DEMAND
61 buyers/listing
Strong
LIQUIDITY
36d DOM
Weak
AFFORDABILITY
-8.3% vs 5yr
Strong
GROWTH OUTLOOK
Good
Strong
YIELD
2.7%
Weak
SUPPLY PRESSURE
0.5% vacancy
Strong
#7/74 Good Structure 52 $1.63M

Atlaso rates Merewether houses as BUY for capital growth. Vacancy is extremely tight at 0.51%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $1.63M, Merewether ranks #7 of 74 houses in Newcastle. The long-term structural outlook is Good.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Newcastle.

Merewether Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
+3.3%
Asking Prices (3mo)
-2.0%
Rents (12mo)
1.1%
Vacancy
49%
Fresh Stock (<30d)

House Asking Prices (12 months)

$2.01M

House Weekly Rents (12 months)

$1,148/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 2291.

Suburb Profile

Merewether at a Glance

SEIFA Index
10/10
Most advantaged
Household Income
$2,302/wk
Median household
Median Age
40
Years
Mortgage Stress
25%
of income
Population Growth
+0.7%
vs state +1.4%
Ownership Mix
29.8% owned 34.0% mortgage 34.1% renting

Demographic Trends

Merewether Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Merewether Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Merewether a good suburb to invest in?
Atlaso rates Merewether as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Merewether and 46 Australian cities to generate this rating.
What is the median house price in Merewether?
The current median house price in Merewether, nsw is $1.63M, with annual growth of +23.0%. Properties sell in approximately 36 days.
How fast do properties sell in Merewether?
Properties in Merewether sell in 36 days on average. The market is currently rated Good. This is in line with the broader market.
What is the growth outlook for Merewether?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Merewether's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Merewether?
The gross rental yield for houses in Merewether is 2.7%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).