Merewether Heights (2291) Property Data
Median prices, growth rates, sales volume, and demographics for Merewether Heights, in the Newcastle LGA. Built on NSW Valuer General bulk sales data and SQM Research listings.
Data updated 2026-05-20.
Median prices
- Median house price
- $1,770,000
- Median unit price
- $1,112,500
- Median all dwellings
- $1,770,000
Price growth (CAGR)
- 1-year CAGR
- 2.6%
- 3-year CAGR
- 4.5%
- 5-year CAGR
- 11.0%
- 10-year CAGR
- 9.1%
Market activity
- Annual sales (last 12mo)
- 26
- Annual sales (5y avg)
- 29
- Median listing age
- 27 days
Demographics & location
- Population (ABS 2021)
- 1,495
- Population growth 2016-21
- 8.7%
- Median age
- 41
- Median weekly household income
- $3,022
- Median weekly rent
- $580
- Owner-occupier
- 83%
- Rented
- 17%
- Dwelling mix (house / townhouse / unit)
- 97% / 3% / 0%
- SEIFA decile (10 = highest)
- 10
- Distance to Sydney CBD
- 113.4 km
Charts back to 1990, screener, property estimator, macro overlays. Free.
Other suburbs in Newcastle
Frequently asked
What is the median house price in Merewether Heights?
The median house price in Merewether Heights 2291 is $1,770,000, based on NSW Valuer General sales data over the trailing 12 months.
What is the median unit price in Merewether Heights?
The median unit price in Merewether Heights 2291 is $1,112,500.
How much has property grown in Merewether Heights over 5 years?
Compound annual growth (CAGR) for Merewether Heights over the last 5 years is 11.0%.
How many properties sell in Merewether Heights per year?
Around 26 properties sold in Merewether Heights 2291 in the last 12 months.
What is the population of Merewether Heights?
Merewether Heights 2291 has a population of 1,495 (ABS Census 2021).
How long do properties take to sell in Merewether Heights?
The median listing age (a proxy for days on market) in Merewether Heights 2291 is approximately 27 days, from SQM Research listings data.
Methodology
Medians computed from NSW Valuer General bulk sales data using nearest-month estimation with 3-month smoothing and 3× outlier rejection. CAGRs computed from trailing 12-month medians at each anchor point. The trailing 1–3 months of data are filtered when sale counts fall below typical volumes (settlement-lag handling). Listing age is derived from SQM Research bucketed listing-age data using midpoint medians. Demographics: ABS Census 2021. SEIFA: ABS SEIFA 2021.