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Suburb Insights · NSW 2850

Meroo, NSW 2850 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Meroo is a regional centre in New South Wales, Australia, with a population of approximately 46, making it a boutique locality. Located approximately 192 km from the Sydney CBD, Meroo is a regional area in New South Wales. The median household income is $117,000 per year.

Investment Score

58 / 100 Moderate

Meroo benefits from a high-income resident base, supporting premium property pricing. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Sydney
Meroo
New South Wales · 2850
192 km from Sydney CBD
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Key Indicators

Postcode
2850

Official Australia Post postcode for Meroo. A postcode may cover multiple suburbs.

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Population
46

Usual resident population at the most recent census.

Median weekly rent
$684/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$117,000/yr

Annual median household income (before tax) across all households.

Distance to CBD
192 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,600/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
93% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Meroo is a smaller community of 46 — about 1% of the New South Wales suburb median (5,325) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $117,000/year runs 20% above the New South Wales suburb median of $97,552, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $684 equates to $2,964/month — about 185% of the median mortgage repayment of $1,600/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Meroo is 192 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 93% of dwellings — 17 percentage points above the New South Wales median of 76% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Meroo vs New South Wales Median

How Meroo stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Meroo sits above the state median; negative means below.

MetricMerooNSW medianΔ vs state
Population465,325-99%
Median household income$117,000/yr$97,552/yr+20%
Median rent (weekly)$684$430+59%
Median mortgage (monthly)$1,600$2,167-26%
Distance to CBD192 km45 km+327%
Separate houses93%76%+17pp

Investor Checklist

Pre-inspection briefing for Meroo — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 46 means liquidity is thin and capital growth tends to lag the wider New South Wales market over full cycles.

Rental Yield

Strong rental coverage: $684/week (~$2,964/month) covers 185% of the $1,600/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 93% houses in a 46-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Meroo property

Full Property Analysis

30-year projections for Meroo

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Meroo are modest for 2026 — incomes 20% above the NSW median of $97,552 and a population of 46 suggest gains will lag headline metro markets. Rental coverage runs at ~185% of the typical mortgage ($2,964/month rent vs $1,600/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 58/100 places Meroo in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Meroo a good suburb for investment?

Meroo scores 58/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 46, median household income of $117,000/year and median weekly rent of $684. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Meroo?

The main demand drivers in Meroo are an above-state-median household income of $117,000/year, a dwelling mix that is 93% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Meroo?

Meroo has a usual resident population of approximately 46, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Meroo from the Sydney CBD?

Meroo sits 192 km straight-line from the Sydney CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Meroo?

The most recent census recorded a median weekly rent of $684 in Meroo, equating to approximately $35,568/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Meroo?

The median monthly mortgage repayment in Meroo is $1,600, or approximately $19,200/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Meroo cash-flow positive for investors?

A median weekly rent of $684 works out to $2,964/month, covering 185% of the median mortgage repayment of $1,600/month. That means rent exceeds the median repayment by roughly $1,364/month, so on these numbers Meroo leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Meroo?

The main risks are a thin buyer pool (46 residents), interest-rate sensitivity on the $1,600 median mortgage, the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Meroo profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources