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Merriwa
AREA REPORTS

Merriwa

Merriwa - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2329

house

A steady increase in median property prices over a five-year period in the suburb translates to a 6.03% capital gain.

Property investors in MERRIWA enjoyed capital gains of 4.86% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $237,500.

Profits due to an upward trend in home prices there averaged 2.01% per annum over a 3-year period.

Home owners selling their properties and realtors in MERRIWA usually have to wait an average of 124.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $260 mark, reflecting a 5.69% increase in returns based on the current median price in MERRIWA.

MERRIWA, 2329 places 51st in Australia based on median property value growth during the quarter.

Data report can be found below

Merriwa
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $237,500 N/A
GROWTH REPORT
Median Quarterly 14.46% N/A
Median 12 month 4.86% N/A
Median 3 years 6.03% N/A
Median 5 years 18.75% N/A
10 years average annual 2.97% N/A
Weekly media advert. rent $260 N/A
Time on Market 124.0 days N/A
Gross Rental Yield Percent 5.69% N/A
demographics (median values)
Total Population
1668
Weekly Household Income
694
Household Size
2.30
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