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 › Patrick St
4
Bedrooms
3
Bathrooms
2
Car spaces
228.3 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
Last sold
No recorded sale price for this property yet.
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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
UnknownArea
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 Presence Real EstateThe bold black metal façade of this brand new, architecturally designed industrial-style four-bedroom residence sets the tone for a truly unique and sophisticated family home. Just a short stroll across Empire Park to Bar Beach, this one-of-a-kind property delivers high-end finishes, thoughtful design and exceptional indoor/outdoor living in one of Merewether's most desirable pockets.
The gourmet kitchen is both striking and functional, featuring an exposed brick wall, copper sinks, matte black cabinetry, a 4-metre Caesarstone island bench and premium appliances. Stacking sliding doors open seamlessly to the swimming pool and grassed backyard, perfect for entertaining or relaxed family living.
The ground floor showcases polished concrete floors with underfloor heating, statement barn doors and an open-plan kitchen, living and dining zone with bespoke cabinetry and a gas log fireplace. This level also includes a fourth bedroom, bathroom and dedicated home office. Upstairs, a hardwood staircase leads to a second living area, family bathroom, an impressive 4.5-metre bespoke office space and two additional bedrooms with built-in robes.
The generous master suite enjoys views toward ANZAC Walk and features an ensuite, 8 metres of floor-to-ceiling built-in robes and a calming navy palette, creating a moody retreat complemented by the distant sound of crashing waves. An industrial spiral staircase leads to the rooftop terrace with sweeping 360-degree views across inner-city Newcastle — the perfect space for sunset drinks, ocean breezes and relaxed entertaining.
Just 450 metres from the sand, with Empire Park, Bar Beach and The Junction all moments away, this luxurious yet low-maintenance sanctuary delivers the ultimate Merewether beach lifestyle.
- Four bedrooms with ceiling fans; three with built-in robes
- Master suite with ensuite and extensive built-in storage
- Three bathrooms with floor-to-ceiling tiles and rainfall/hand-held showers
- Gourmet kitchen with 4m Caesarstone island bench, Artusi gas cooktop and electric oven, - Devanti rangehood and built-in wine fridge
- Open-plan living with bespoke cabinetry and gas log fireplace
- Second living area upstairs plus 4.5m bespoke office space
- Rooftop terrace with built-in bench seating, garden and cabinetry designed to house a bar fridge
- Plungie Studio swimming pool and grassed backyard
- Bespoke cabinetry and abundant storage throughout both levels
- Ducted reverse-cycle air-conditioning throughout
- Underfloor hydronic heating on the ground floor
- Sustainability features including 5,000L water tank and six solar panels
- Outdoor shower
- Single garage plus off-street parking for one additional vehicle
Outgoings:
Council Rates: $4,056 approx. per annum
Water Rates: $948.15 approx. per annum
Expected Rental Income: $2,300 - $2,500 Per Week.
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
Listing description written by Chasse Ede, Presence Real Estate — reproduced as published, not verified by Districts.
NSW 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.