Merewether vs Hamilton South

Hamilton South (median $1,735,000) is roughly 19% cheaper to buy into than Merewether ($2,150,000). Over the past year, Merewether (+4.9%) ran 5.6 percentage points ahead of Hamilton South (-0.7%) on house-price growth.

Buying in Merewether or Hamilton South?

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Merewether and Hamilton South side by side

MeasureMerewetherHamilton South
Price and market
Median house$2,150,000$1,735,000
Median unit$396,000$343,440
House price change, 12 months+4.9%-0.7%
Renting
House rent$915/wk$800/wk
Unit rent$638/wk$560/wk
Owner occupied65.0%54.0%
Renter occupied33.0%43.0%
Schools
Schools nearby2020
Average ICSEA10861082
Lifestyle and people
Walk score4626
Transit score00
Bike score100100
Population11,7884,057
Median age3944
Climate
Annual rainfall1190 mm1190 mm
Mean max, January27.5°C27.5°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Merewether scores higher on walkability (46/100 vs 26/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Merewether (1086) sits above Hamilton South (1082). Merewether skews owner-occupied (65%), Hamilton South runs more rental-dense (54% owner).

For buyers
Hamilton South is the lower entry point at $1,735,000 median, 19% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Hamilton South delivers the better gross yield (2.40% vs 2.21%), but Merewether has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Merewether edges out on average school ICSEA (1086 vs 1082).

Merewether vs Hamilton South: common questions

Is Merewether or Hamilton South cheaper to buy in?

Hamilton South has the lower median house price at $1,735,000, roughly 19% below Merewether ($2,150,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Merewether or Hamilton South?

Over the past 12 months, Merewether grew +4.9% vs -0.7% in Hamilton South, a gap of 5.6 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Merewether or Hamilton South have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Merewether scores 1086 vs 1082 in Hamilton South. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Merewether or Hamilton South?

Merewether scores 46/100 on walkability vs 26/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Merewether or Hamilton South?

Gross rental yield on houses is 2.40% in Hamilton South vs 2.21% in Merewether. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.