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Harris Park vs Merewether Heights

Property investment comparison - Harris Park, NSW 2150 vs Merewether Heights, NSW 2291

Head-to-head across core investment metrics: Harris Park wins 5, Merewether Heights wins 0. 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.

MetricHarris ParkMerewether Heights
Median house price$1.7M$1.7M
Median unit price$510K$805K
Gross rental yield (houses)-2.93%
Gross rental yield (units)6.11%4.26%
1-year house growth+6.5%estimate+1.7%estimate
3-year house growth--
Vacancy rate2.0%2.2%
Population5,0431,495

Harris Park vs Merewether Heights: what the numbers say

The median house price is $1.7M in Harris Park and $1.7M in Merewether Heights, so Harris Park is the cheaper entry point, with Merewether Heights houses about 1% dearer.

For units, Harris Park sits at a median of $510K against $805K in Merewether Heights, which makes Harris Park the more affordable unit market and Merewether Heights the pricier one.

Over the past year house prices moved +6.5% in Harris Park (an estimate) and +1.7% in Merewether Heights (an estimate), so recent momentum favours Harris Park, although both suburbs recorded growth.

Rental vacancy is 2.0% in Harris Park and 2.2% in Merewether Heights, so landlords in Harris Park face less competition for tenants.

Harris Park is the bigger suburb, with a population of 5,043 against 1,495, roughly 3.4 times the size of Merewether Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Harris Park for a lower purchase price, Harris Park for recent price momentum, Harris Park 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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