Merewether is a suburb that’s attracted a lot of attention from both locals and overseas buyers. It’s one of Newcastle’s most desirable suburbs to live in, offering a prime coastal location for families and investors alike.
Merewether’s perfect price
Compared to many other of Australia’s coastal suburbs, Merewether’s homes seem more affordable, with a median house price of $584k. This means the area is more accessible for young families, and those who are after a coastal lifestyle for an affordable price.
For the past 5 years (2012-2017), this is a figure that’s been on the rise, with an annual growth rate of 9.2%, so the suburb is attracting its fair share of investors as well.
Merewether’s executive style homes
If you’re looking for style, Merewether is the place to be. This suburb is full of executive style homes near the beach front, so you can expect to find streets lined with beautiful homes that provide a lifestyle that’s the perfect combination of modern and coastal.
Homes in Merewether are also of a decent size, as home builders are now building home ‘to the edge’, making use of all of the potential space.
There’s plenty to do in Merewether
Recent years have seen Merewether make some refurbishments that have left the suburb more popular than ever.
Merewether’s ocean baths are the largest ocean bath complex in the southern hemisphere, and they were recently refurbished and opened again after the $4 million upgrade. They’re the perfect place to enjoy the best of pool and beach life. Tourists and locals alike can relax, swim and play, in the beautiful new pools.
As if the ocean baths aren’t persuasion enough that Merewether really is the place to be, it’s also full of local shops and restaurants, so you wont be stuck for choice for a meal out. There’s also the Junction shopping centre nearby, which makes for a great day of shopping.
It’s also only 2km away from Newcastle’s central business district, so you can enjoy the perfect beach lifestyle in your spare time, and easily commute to your place of work.
Merewether’s surf life
Merewether offers beautiful beaches and waves that are perfect for locals who love to surf, and those from overseas wanting to learn. Merewether’s surf life is one of the main factors that puts this suburb’s popularity on almost the same level as Bar Beach.
Family life in Merewether
Merewether is becoming an increasingly popular choice of suburb for young families, thanks to the reasonably priced homes. As a result, there are several local schools and plenty of places for children to play.
From surfers, to families, to professionals, this suburb has something for everyone, and has a lot of potential for capital growth.