2/57 Mitchell Street, Merewether NSW 2291

Sold for $376,563 in Jan 2022, down $83,437 (18%) on the $460,000 paid in Apr 2016. That is a fall of about 3.4% a year over 5.8 years.

Over the same period the median unit price in Merewether rose 67%, from $489,000 in 2016 to $815,000 in 2022.

The 2022 sale was 54% below the Merewether median unit price for that year ($815,000 across 83 sales).

Since then the median unit price in Merewether has risen 21%, from $815,000 in 2022 to $982,500 over the last 12 months (88 sales).

Merewether medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Merewether sold prices by year.

Units in postcode 2291 rented for a median $620 a week, from 240 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $376,563 on 17 Jan 2022, that rent is a gross yield of 8.6% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Merewether.