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Meroo Meadow, NSW 2540
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,105,000
list-price estimate
Median Unit
$630,000
Gross Yield (houses)
3.4%
1yr Growth (units)
+19.6%
estimate
Investment snapshot for Meroo Meadow
Meroo Meadow has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Meroo Meadow market and investor summary
In Meroo Meadow, NSW 2540, houses show a gross rental yield of 3.4%. At 2.8% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.4% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 112 days on market, so plan for a slower exit if you ever need one.
Living in Meroo Meadow: people, income and schools
Meroo Meadow is home to around 474 people, a number that has held fairly steady over five years. The median age is 50, an older, established demographic, and 80% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $110,000 a year, or roughly $2,120 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 36% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 3 schools within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 474
- +4% over 5yr
- Median age
- 50 years
- Median household income
- $110,000/yr
- Households renting
- 17%
- Family households
- 82%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 3
- avg ICSEA 1017
- Unemployment
- 4.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Meroo Meadow
View all →Frequently asked questions about Meroo Meadow
What should I check before investing in Meroo Meadow?
Meroo Meadow has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Meroo Meadow?
The median property price in Meroo Meadow, NSW 2540 is $630K for units.
What rental yield does Meroo Meadow show?
The gross rental yield in Meroo Meadow is 3.4% for houses and 3.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Meroo Meadow?
The current vacancy rate in Meroo Meadow is 2.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Meroo Meadow?
Meroo Meadow has a population of approximately 474 residents, with a median age of 50.
What schools are near Meroo Meadow?
There are 3 schools within roughly 5km of Meroo Meadow. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Meroo Meadow's population growing?
The population of Meroo Meadow has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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