Merewether vs The Hill
Property investment comparison - Merewether, NSW 2291 vs The Hill, NSW 2300
Head-to-head across core investment metrics: Merewether wins 1, The Hill wins 3. 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.
| Metric | Merewether | The Hill |
|---|---|---|
| Median house price | $2.1M | $2.1M |
| Median unit price | $955K | $780K |
| Gross rental yield (houses) | - | 2.17% |
| Gross rental yield (units) | - | 4.11% |
| 1-year house growth | +0.6% | +6.7% |
| 3-year house growth | +7.3% | +5.6% |
| Vacancy rate | 2.0% | 1.9% |
| Population | 11,788 | 2,076 |
Merewether vs The Hill: what the numbers say
Houses cost about the same in both suburbs: the median house price is $2.1M in Merewether and $2.1M in The Hill.
For units, Merewether sits at a median of $955K against $780K in The Hill, which makes The Hill the more affordable unit market and Merewether the pricier one.
Over the past year house prices moved +0.6% in Merewether and +6.7% in The Hill, so recent momentum favours The Hill, although both suburbs recorded growth.
Looking back three years, Merewether houses are +7.3% and The Hill houses +5.6%, so Merewether has compounded faster than The Hill 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 2,076, roughly 6 times the size of The Hill; a larger suburb usually means a deeper pool of buyers and tenants.
In short: The Hill for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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