Merewether at a glance
11,903
People
$1,900,000
Median sale
$703/wk
Median rent
1.92%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
NSW › Merewether › Park St
$3,400,000–$3,700,000
For sale
Asking range
6
Bedrooms
3
Bathrooms
2
Car spaces
690.49 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$3,400,000–$3,700,000
Asking range · $4,924/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Merewether (last 5 years) with land size have a median of $4,028/m² of land (n=75). Districts calculation from recorded sales — not a valuation.
Merewether at a glance
11,903
People
$1,900,000
Median sale
$703/wk
Median rent
1.92%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Merewether
+78.9%
Median sale
Suburb $1,900,000
-0.84 pp
Gross yield
Suburb 1.92%
Suburb median $1,900,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$172,879 on top of the price (5.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Merewether's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $703/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 1.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Merewether at a glance
11,903
People
$1,900,000
Median sale
$703/wk
Median rent
1.92%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Clarke & Co Estate AgentsProperty Highlights:
- Two beautifully presented residences set on a 690.49 sqm block just 400m from the iconic Merewether Beach
11 Park Street
- Fujitsu ducted air conditioning, timber flooring, wool carpet upstairs, LED downlights, roller blinds and a crisp neutral paint palette
- A separate lounge room with a study nook plus open plan living and dining with a high ceiling, generous storage, a gas bayonet and alfresco access
- Gourmet kitchen with 20mm Caesarstone benchtops, an island bench with a breakfast bar, soft close cabinetry, brass fixtures, gas cooking and premium appliances
- Main bedroom with a spacious walk-in robe, plus two upstairs bedrooms
- A stylish ensuite and main bathroom, both with 20mm Caesarstone topped floating vanities, brass fixtures and showers with rain showerheads, plus a bathtub to the main
- Timber deck alfresco overlooking the low maintenance fully fenced yard
- Separate single car garage servicing the property
11a Park Street
- Hybrid flooring and roller blinds throughout
- Open plan living and dining with split system air conditioning, opening onto the timber deck alfresco
- Kitchen with 40mm benchtops, induction cooking and quality appliances
- Three bedrooms, all with mirrored built-in robes
- Bathroom with a shower, a vanity, a toilet and space for the laundry
- Low maintenance grassed yard
- Separate single car garage servicing the property
Outgoings:
Council Rates: $5,560 approx. per annum
Water Rates: $963.93 approx. per annum
Rental Return:
11 Park Street - $1,500 approx. per week
11A Park Street - $850 approx. per week
Set on an expansive 690.49sqm parcel just 400 metres from Merewether Beach, this exceptional property presents a rare opportunity to secure two separate homes on one title in one of Newcastle's most prestigious coastal suburbs. Beautifully updated, the front residence delivers stylish family living, while the three bedroom home at the rear provides outstanding flexibility for extended family or an exceptional investment.
Enjoy an unbeatable coastal lifestyle with Merewether Beach, the iconic ocean baths, Surf Club and a vibrant selection of cafés, restaurants and bars all within an easy walk or bike ride. Newcastle's city centre is only a 10 minute drive away, placing world class dining, entertainment and everyday conveniences comfortably within reach.
From the street, the charming weatherboard and Colorbond roof façade is framed by a lovely front garden and a welcoming covered porch, while side access leads through to a separate double garage positioned in the yard.
Stepping into the primary residence, timber flooring, crisp neutral tones, LED downlights, roller blinds and Fujitsu ducted air conditioning create an inviting first impression, while plush wool carpet adds comfort upstairs. Positioned at the front of the home, the lounge room features a handy study nook before flowing through to the open plan living and dining area, where a high ceiling, generous storage, a gas bayonet, block out curtains and a sliding door connects seamlessly to the alfresco.
Sure to impress, the beautifully appointed kitchen showcases 20mm Caesarstone benchtops, an island bench with breakfast bar seating, an undermount twin basin, soft close cabinetry, brass fixtures and a subway tiled splashback. Quality appliances include a Westinghouse oven and a four burner gas cooktop with an integrated rangehood, delivering a space that is as functional as it is stylish.
Positioned at the entrance of the home, the main bedroom offers a spacious walk-in robe and a beautifully finished ensuite featuring floor to ceiling tiles, a 20mm Caesarstone topped floating vanity, brass fixtures and a shower with a rain showerhead and a ledge. Upstairs, two spacious bedrooms are finished with luxurious wool carpet, providing comfortable accommodation for family or guests.
Continuing the home's high standard of finishes, the main bathroom is complete with a back to wall freestanding bath, a 20mm Caesarstone topped floating vanity, brass fixtures and a shower with a rain showerhead. Completing the home, the well appointed laundry is fitted with a 20mm Caesarstone benchtop, an undermount basin and a tiled splashback.
Outside, a timber alfresco deck with power access overlooks the fully fenced, low maintenance backyard, creating the perfect outdoor space to relax or entertain.
Positioned at the rear, 11A Park Street welcomes you with a covered wraparound timber porch, hybrid flooring and roller blinds throughout. The living and dining area sits at the entrance and includes a Carrier split system air conditioner, with a sliding door opening onto the alfresco.
The kitchen is fitted with 40mm benchtops and quality appliances including a Chef oven, a Chef induction cooktop with an integrated rangehood and a Dishlex dishwasher. All three bedrooms include built-in robes, while the bathroom offers a vanity, a shower, a toilet and space for the laundry. Outside, a low maintenance yard completes this highly versatile second residence.
Whether you're searching for a premium investment, accommodation for extended family or a unique opportunity with future potential, properties offering this level of flexibility in such a prized coastal setting are exceptionally rare. With a large amount of interest expected from near and far, we encourage our clients to contact the team at Clarke & Co Estate Agents without delay to arrange their inspections.
Why you'll love where you live;
- A highly prized Merewether address within moments of the Beach
- Start your day with an ocean swim and end it with a sundowner at the iconic Merewether Surfhouse, within walking distance from home
- A short drive or a casual stroll to the cafes and retail offerings at The Junction
- An easy drive or cycle to Newcastle CBD, restaurants, cafes and all the sights of the city
Visit the property webbook for more details: https://tinyurl.com/11-11a-ParkSt
Listing description written by Nick Clarke, Clarke & Co Estate Agents — reproduced as published, not verified by Districts.