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Gerroa vs Merewether

Property investment comparison - Gerroa, NSW 2534 vs Merewether, NSW 2291

Head-to-head across core investment metrics: Gerroa wins 3, 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.

MetricGerroaMerewether
Median house price$2.1M$2.1M
Median unit price$450K$955K
Gross rental yield (houses)1.93%-
Gross rental yield (units)6.82%-
1-year house growth+2.1%+0.6%
3-year house growth-19.8%+7.3%
Vacancy rate2.0%2.0%
Population57111,788

Gerroa vs Merewether: what the numbers say

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

For units, Gerroa sits at a median of $450K against $955K in Merewether, which makes Gerroa the more affordable unit market and Merewether the pricier one.

Over the past year house prices moved +2.1% in Gerroa and +0.6% in Merewether, so recent momentum favours Gerroa, although both suburbs recorded growth.

Looking back three years, Gerroa houses are -19.8% and Merewether houses +7.3%, so Merewether has compounded faster than Gerroa over the longer window.

Rental vacancy is the same in both, at 2.0%.

Merewether is the bigger suburb, with a population of 11,788 against 571, roughly 21 times the size of Gerroa; a larger suburb usually means a deeper pool of buyers and tenants.

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

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