Merriwa NSW 2329

Here you can find what you need to know about Merriwa, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$410K Median Sale Price (National Average $485k) 1344th In NSW
9.33% Median Sale Price Change (1yr) (National Average 4.30%) 496th In NSW
$390pw Median Rent (National Average $395) 1171st In NSW
5.0% Median Gross Yield (National Average 4.24%) 65th In NSW
Properties sold 42
Average discounting -5.47%
Average Days on Market 70
Stock on Market 20 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Merriwa, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Merriwa, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Merriwa, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Merriwa


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Merriwa, NSW 2329

Part of: Upper Hunter Council No data available

The size of Merriwa is approximately 1,909 square kilometres. It has 17 parks covering nearly 18.8% of total area. The population of Merriwa in 2011 was 1,789 people. By 2016 the population was 1,737 showing a population decline of 2.9% in the area during that time. The predominant age group in Merriwa is 50-59 years. Households in Merriwa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merriwa work in a managers occupation. In 2011, 66.7% of the homes in Merriwa were owner-occupied compared with 64.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Merriwa

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Merriwa   for Houses in last 12 months


There have been 42 Houses sold in Merriwa in the past 12 months with a median sale price of $410K, up 9.3% annually. It takes on average 60 days to sell with vendor discounting of -5.5%.

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Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Merriwa WA, 6030 22.60% $561,500 $590pw 5.5% View Suburb Profile
Elermore Vale NSW, 2287 1.22% $830,000 $635pw 4.0% View Suburb Profile
Alexandra Hills QLD, 4161 11.64% $815,000 $650pw 4.2% View Suburb Profile
Macedon VIC, 3440 -17.76% $1,030,000 Unavailable Unavailable View Suburb Profile
Miller NSW, 2168 10.99% $838,000 $550pw 3.4% View Suburb Profile
Merrylands West NSW, 2160 Unavailable $1,100,000 $700pw 3.3% View Suburb Profile