The Junction vs Merewether

The Junction (median $2,105,000) is roughly 2% cheaper to buy into than Merewether ($2,150,000). Over the past year, The Junction (+12.7%) ran 7.8 percentage points ahead of Merewether (+4.9%) on house-price growth.

Buying in The Junction or Merewether?

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Selling in The Junction? The free selling guide

The Junction and Merewether side by side

MeasureThe JunctionMerewether
Price and market
Median house$2,105,000$2,150,000
Median unit$396,000$396,000
House price change, 12 months+12.7%+4.9%
Renting
House rent$915/wk$915/wk
Unit rent$638/wk$638/wk
Owner occupied66.0%65.0%
Renter occupied32.0%33.0%
Schools
Schools nearby2020
Average ICSEA10791086
Lifestyle and people
Walk score6046
Transit score00
Bike score100100
Population99411,788
Median age4339
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

The Junction scores higher on walkability (60/100 vs 46/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Merewether (1086) sits above The Junction (1079).

For buyers
The Junction is the lower entry point at $2,105,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
The Junction carries both higher gross yield (2.26% vs 2.21%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Merewether edges out on average school ICSEA (1086 vs 1079).

The Junction vs Merewether: common questions

Is The Junction or Merewether cheaper to buy in?

The Junction has the lower median house price at $2,105,000, roughly 2% 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, The Junction or Merewether?

Over the past 12 months, The Junction grew +12.7% vs +4.9% in Merewether, a gap of 7.8 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 The Junction or Merewether have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Merewether scores 1086 vs 1079 in The Junction. 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, The Junction or Merewether?

The Junction scores 60/100 on walkability vs 46/100. 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, The Junction or Merewether?

Gross rental yield on houses is 2.26% in The Junction 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.