Merewether, NSW 2291
Newcastle City CouncilAll suburbs in postcode 2291
Updated
Median house price
$2,150,000
+4.9% over the past year.
Median of 168 house sales · NSW Valuer General · calendar 2025
Selling in Merewether?
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Merewether at a glance
- Median unit
- $396,000
- Weekly rent
- $915
- Houses · units $638
- Population
- 11.8k
- Median age 39
Prices: Median of 168 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2291), June 2026 · Population: 2021 Census
House prices in Merewether
Houses change hands at $2,150,000 on a typical sale, well above the NSW median (168 house sales, NSW Valuer General, calendar 2025). Units come in around $396,000, roughly 82% below the house median. The 12-month picture is one of steady growth (+4.9%).
For sellers
Twelve-month growth is +4.9%, supporting confident pricing at the upper end of recent comparables.
For buyers
A 20% deposit on the median house works out to roughly $430,000. Prices sit well above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of June 2026· NSW rental bond data (postcode 2291)
Free appraisal in Merewether
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What to know about Merewether
Merewether (2291) sits in the Newcastle region of NSW. The median house here is $2,150,000, well above the NSW median of around $1.10M. Prices have moved +4.9% over the past year, ahead of the NSW average (3%).
Merewether has roughly 11,788 residents, with a typical family-age mix. Households are mostly owner-occupied. Daily life is car-friendly: most residents drive to work, school and the shops.
What it’s like to live here
Merewether scores 46/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 28°C (warm), winter mornings around 8°C (mild). Annual rainfall lands at about 1,190 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 10 government primary, 2 government secondary, 5 Catholic, 2 independent.
Schools in Merewether
Location
Walkability
- Walk
- 46/100
- Transit
- 0/100
- Bike
- 100/100
Car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Merewether's population at 11,788, with a median age of 39. That sits as a typical family-age mix. Households are mostly owner-occupied (65% own, 33% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (66% family households, 27% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 66%
- Lone person
- 27%
- Owner occupied
- 65%
- Renter occupied
- 33%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.21% (median rent $915/wk against a $2,150,000 price tag). Units yield 8.38% gross, often the better cash-flow play for first-time investors. With 33% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 2.21%
- On the $2,150,000 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 8.38%
- On the $396,000 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- +4.9%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
445 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 1,190 mm
- Hottest month, avg max
- 27.5°C
- Coldest month, avg min
- 8.3°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Merewether
- What is the median house price in Merewether?
- The median house price in Merewether, NSW 2291 is $2,150,000 (median of 168 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $396,000. Annual growth is +4.9%.
- How much is my house worth in Merewether?
- A useful starting point is the Merewether median house price of $2,150,000 (units $396,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Merewether a good investment?
- On the published figures, the gross rental yield on houses in Merewether is 2.2%: the median weekly house rent is $915 (NSW rental bond data (postcode 2291), June 2026) against the median house price of $2,150,000 (NSW Valuer General, calendar 2025). The median house price rose 4.9% over 12 months on the same NSW Valuer General figures. Whether Merewether is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Merewether postcode?
- Merewether is in the 2291 postcode, in NSW, in the Newcastle City Council region.
- Where is Merewether?
- Merewether is a suburb in the Newcastle City Council area, NSW 2291.
- What is the average rent in Merewether?
- The median weekly rent for houses is $915, for units it's $638.
- What schools are in Merewether?
- There are 20 schools serving Merewether on this page, including The Junction Public School, St Joseph's Primary School, Hamilton South Public School.
- How walkable is Merewether?
- Merewether has a Walk Score of 46 out of 100, car-dependent for most errands. transit score 0, bike score 100.
- What suburbs are near Merewether?
- Merewether is close to The Junction, Hamilton South, Bar Beach, Merewether Heights, Cooks Hill.
- What is the population of Merewether?
- The population of Merewether is approximately 11,788 (2021 Census). The median age is 39.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.