Thinking about buying in Meringo? Now could not be a better time, with just 98 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $947,000 with prices in this suburb ranging from $342,000 to $5,439,000. Meringo is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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In Meringo there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Meringo is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Meringo leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Meringo the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
1249 CONGO RD, MERINGO, NSW, 2537 | 3 | 2 | 6 | By Negotiation |
None within suburb boundary
(While the above schools are located with the suburb of Meringo there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
23-07-2024 | $830,000 | 232 MERINGO RD |
24-01-2024 | $1,500,000 | 38 COLLETT PL |
03-03-2023 | $1,010,000 | 234 MERINGO RD |
17-08-2022 | $1,700,000 | 1139 CONGO RD |
14-06-2022 | $637,500 | 250 MERINGO RD |
10-06-2022 | $659,000 | 33 COLLETT PL |
13-05-2022 | $600,000 | 1141 CONGO RD |
13-01-2022 | $1,799,000 | 1241 CONGO RD |
17-12-2021 | $380,000 | 37 COLLETT PL |
25-06-2021 | $900,000 | 210 MERINGO RD |
03-05-2021 | $715,000 | 42 WOODLANDS WAY |
27-01-2021 | $795,000 | 23 WOODLANDS WAY |
18-09-2020 | $330,000 | 5 WALLABY GR |
02-09-2020 | $906,000 | 1141 CONGO RD |
17-07-2020 | $360,000 | 7 WALLABY GR |
23-12-2019 | $275,000 | 1103 CONGO RD |
18-10-2019 | $331,550 | 1179 COLLETT PL |
06-09-2019 | $365,000 | 36 COLLETT PL |
17-05-2019 | $750,000 | 252 MERINGO RD |
26-04-2019 | $635,000 | 6 MERINGO PL |
12-04-2019 | $918,000 | 38 COLLETT PL |
03-07-2018 | $685,000 | 69 WOODLANDS WAY |
23-04-2018 | $745,000 | 34 COLLETT PL |
26-03-2018 | $660,000 | 1121 CONGO RD |
11-01-2018 | $290,000 | 36 COLLETT PL |
28-04-2017 | $519,000 | 41 WOODLANDS WAY |
20-04-2017 | $250,000 | 1179 COLLETT PL |
29-03-2017 | $580,000 | 4 MERINGO PL |
02-03-2017 | $230,000 | 1067 CONGO RD |
23-11-2016 | $580,000 | 210 MERINGO RD |
02-09-2016 | $429,000 | 240 MERINGO RD |
31-12-2015 | $160,000 | 25 COLLETT PL |
18-12-2015 | $170,000 | 1131 CONGO RD |
06-11-2015 | $1,850,000 | 212 MERINGO RD |
17-12-2014 | $140,000 | 30 COLLETT PL |
03-12-2014 | $234,000 | 44 WOODLANDS WAY |
26-09-2014 | $490,000 | 1125 CONGO RD |
01-08-2014 | $127,600 | 1131 CONGO RD |
19-12-2013 | $420,000 | 1291 CONGO RD |
04-07-2013 | $170,000 | 38 COLLETT PL |
12-12-2012 | $350,000 | 1241 CONGO RD |
19-11-2012 | $470,000 | 23 WOODLANDS WAY |
01-04-2011 | $1,900,000 | 212 MERINGO RD |
25-10-2010 | $560,000 | 9 MERINGO PL |
22-05-2009 | $258,000 | 1137 CONGO RD |
20-11-2008 | $230,000 | 1179 COLLETT PL |
24-08-2008 | $375,000 | 1119 CONGO RD |
10-07-2008 | $425,000 | 81 WOODLANDS WAY |
19-05-2008 | $220,000 | 238 MERINGO RD |
14-03-2007 | $360,000 | 1249 CONGO RD |
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