Merewether Suburb Profile

Imagine opening your window to the sound of waves.
You’re three minutes from the beach. Yet your investment still outperforms many metro markets. That’s Merewether for you, beachside bliss with real capital upside.

Why Merewether Matters

Located just south of Newcastle CBD, Merewether packs a punch in lifestyle and returns. It’s more affordable than Sydney’s eastern suburbs.
But it delivers a similar coastal vibe.

• Last 12 months growth: Houses +10.00%; Units −2.44% (Cotality)
• 5‑year surge: Houses +11.70% p.a.; Units +7.59% p.a. (Cotality)
• Median sale price: $2,200,000 (houses); $800,000 (units) (Cotality)

Your capital goes further here.
And you can still grab your surfboard before work.

Top 3 Investor Takeaways

1. Long‑term outperformance
   • 5‑yr compound: Houses +72.7%; Units +43.8%
     (calculated from 11.70% and 7.59% p.a.)
   • NSW house avg (12 mths): +3.5% p.a.*
     Even a standard buy here beats the state average.
     With a savvy purchase and right‑sizing strategy, you can boost returns even more.
2. Solid rental yield
   • Median weekly rent: $750 pw (houses) → 2.25% gross yield (Cotality)
   • Median weekly rent: $600 pw (units) → 3.63% gross yield (Cotality)
     Few coastal NSW suburbs deliver unit yields north of 3.5%.
     That cushions your cash flow while values climb.
3. The Merewether Residences
   • Council‑approved retirement village at Merewether Golf Club
   • 178 apartments overlooking the course
   • Amenities: wellness centre, cinema, pool, new clubhouse
   • Construction start: Q1 2025; completion: early 2027
     This project will tighten rental stock and lift local services.

Quick Stats

• Population: 11,788 (+7.5% since 2016)*

• Median age: 39 years*

• Median house price: $1,955,664 (Apr 2025)*

• Median unit price: $850,927 (Apr 2025)*

• Owner‑occupied dwellings: 64.8% (2021)*

• Rental occupancy: 30.2% of homes are rented*

• Time to double median value: ~6.3 years (houses); ~9.5 years (units) (Cotality)

   

Amenity Highlight

• Beach in 5 min: Merewether Beach is your local playground.
• Best café: Saltwater Grind - try their signature flat white with an ocean vista.
• Top school: Merewether Public School (8.2/10 on MySchool).

It’s rare to get village‑scale amenity in a premium suburb.

Transport Snapshot

• Train: Merewether Station—800 m ( on one end of the suburb - 10 min walk) to Newcastle City.
• Bus: Routes 11 & 12 link to uni, hospital and CBD.
• Drive: 5 min to Newcastle via Memorial Dr.
• Coming soon: light rail extension (2027).

Top Sales in Merewether

• 1 Ridge Street – Sold Apr 2025 for $9,300,000
• 62 Henry Street – Sold Jun 2025 for $3,600,000
• 94 Merewether Street – Sold May 2025 for $2,500,000

Beyond this core: Premium homes in neighbouring Merewether Heights push above $4 M.

Outlook & Next Steps

• A robust growth track record.
• A high‑yield rental base.
• Major projects that sharpen demand.

Merewether combines beachside living with proven growth and reliable yields. Keep an eye on market cycles, Merewether isn’t just a lifestyle choice. It’s a strategic move.

Book Your Call to lock in the coastal advantage.

Disclaimer:
This snapshot is based on data available at the time of publication and may change.

Sources

• Cotality (CoreLogic rebrand) – capital growth, yield & time‑to‑double data
• Your Investment Property Magazine – median prices & yields
• Australian Bureau of Statistics – population & age (Census 2021)
• MySchool – school ratings
• Newcastle City Council – The Merewether Residences project details
• Domain / Realestate.com.au – top recent sales data