Merotherie is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 24, the suburb has a mature demographic with a median age of 50. Households earn a median income of $72K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, sales. The top ancestries reported are Australian, Scottish, German.
The median house price in Merotherie is $525,000, having dropped significantly 90.6% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,500.
Public transport access includes 2 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Merotherie offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($525K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -90.6% year-on-year.
Merotherie is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 24, the suburb has a mature demographic with a median age of 50. Households earn a median income of $72K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, sales. The top ancestries reported are Australian, Scottish, German.
The median house price in Merotherie is $525,000, having dropped significantly 90.6% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,500.
Public transport access includes 2 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Merotherie offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($525K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -90.6% year-on-year.