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Earlwood vs Merewether

Property investment comparison - Earlwood, NSW 2206 vs Merewether, NSW 2291

Head-to-head across core investment metrics: Earlwood wins 2, Merewether wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricEarlwoodMerewether
Median house price$2.1M$2.1M
Median unit price$965K$955K
Gross rental yield (houses)2.43%-
Gross rental yield (units)3.83%-
1-year house growth-0.4%estimate+0.6%
3-year house growth-+7.3%
Vacancy rate1.1%2.0%
Population18,05311,788

Earlwood vs Merewether: what the numbers say

The median house price is $2.1M in Earlwood and $2.1M in Merewether, so Earlwood is the cheaper entry point, with Merewether houses about 1% dearer.

For units, Earlwood sits at a median of $965K against $955K in Merewether, which makes Merewether the more affordable unit market and Earlwood the pricier one.

Over the past year house prices moved -0.4% in Earlwood (an estimate) and +0.6% in Merewether, so recent momentum favours Merewether, while Earlwood went backwards.

Rental vacancy is 1.1% in Earlwood and 2.0% in Merewether, so landlords in Earlwood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Earlwood is the bigger suburb, with a population of 18,053 against 11,788, larger than Merewether; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Earlwood for a lower purchase price, Merewether for recent price momentum, Earlwood for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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