Suburb Profile

Suburb profile for,

Merriwa, NSW

Located in the dynamic state of NSW (postcode 2329), MERRIWA is a vibrant real estate market. This suburb holds a median house price of $385,000 and has demonstrated an average buying growth of Up 48.1%. Last month, 11 houses were available, with 35 transactions completed in the past year. Properties spend around 71 days on the market, reflecting the area's demand with 165 interested buyers. The average rental yield stands at 5.3%, with a weekly median rent of $240 per week and an average rent growth of Up 14.3%. Rental properties usually stay on the market for 15 days. The population in 2016 was 1737, which changed by -2.90% in the past five years. The median weekly household income is $1,046, reflecting an income change of +16.35% over the past five years. Residents have a median age of 43 years, and the suburb has an average annual growth for houses of +6.94%. To fully take advantage of MERRIWA's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in MERRIWA, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Merriwa, NSW

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
NSW
Suburb
MERRIWA
Postcode
2329
Median price for all dwellings
$385,000
Last 12 months growth return
Up 48.1%
Avg. dwellings for sale in the suburb every month
11
Avg. dwellings sold in the suburb in previous 12 months
35
Avg days on market for a dwelling listing to sell
71 days
Avg. number of people searching in this suburb every month
165
Avg. rental yield per annum
5.30%
Weekly median rent for all dwellings
$240 per week
Median price for all houses
$385,000
Avg. rental yield growth in the previous 12 months
5.30%
Avg. days for a rental listing to find a tennant
15 days
Total suburb population in 2016
1737
Total suburb population change in 5 years up to 2016
-2.90%
Avg. household income per week
$1,046
Median age of the population in the suburb
43
Historic avg annual growth return per annum in the suburb
6.94%

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