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 › Buchanan St
$2,600,000
Last sold
13 Aug 2021
4
Bedrooms
3
Bathrooms
2
Car spaces
250.6 m²
Land
224 m²
Building
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
$2,600,000
13 Aug 2021 · derived via latest_sale
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
+36.8%
Median sale
Suburb $1,900,000
-0.51 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.
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 EstateAuction Location: PRD Newcastle 2/16 Telford St, Newcastle East and Live via Auction Now Website
**One on one, pre-registered inspections only. Please contact the below agent to book your COVID Compliant inspection.
25 Buchanan Street, Merewether is not merely about sumptuous accommodation, nor is it about the home's brilliant features, but also, the experience of being just 500m from beautiful Bar beach.
Creatively designed by SDA and just three years old, this bold, contemporary residence sets the benchmark in low-maintenance luxury with its architectural brilliance, cutting-edge quality and beachside location perfection.
Secure and private side entry delivers you to fabulous spaces including open plan living that offers a seamless connection to alfresco entertaining made private by a lush cloak of bamboo and custom screening. The impressive island kitchen featuring stone benches, Miele appliances and a butler's pantry delivers designer efficiency, while a discreet laundry, valuable storage and internal access from the double garage provides additional proof of perfection.
A versatile fourth bedroom or rumpus on ground floor is enhanced by a 3m high ceiling and a fully tiled ensuite, adding ideal flexibility to a design that includes another living space, three additional bedrooms and two sublime bathrooms upstairs.
The parents' retreat with seamless cabinetry and a private terrace provides the perfect place to escape for rest and relaxation whilst taking in northerly views to Strzelecki lookout.
Custom cabinetry, ducted air-conditioning and remote-controlled blinds add an extra level of comfort. Ensuring the ultimate in privacy and security, you'll welcome an alarm system, video doorbell and a front of house camera.
Beach and sports lovers will relish starting their day with a surf or swim or game of tennis at Empire Park. For dining and shopping choose The Junction or Darby Street for your morning coffee, lunch with friends, or a spot of retail therapy. And with a choice of highly regarded schools in the area, this blue-ribbon location has you moments from it all.
- Architect designed and custom-built dual storey home completed 2018
- Flexible floorplan offering a superb choice of living zones
- A mix of polished concrete, plush carpet and Blackbutt timber flooring underfoot
- Chef's kitchen with smooth touch-catch cabinetry, Miele gas cooktop, oven, microwave, dishwasher and discreet butler's pantry
- Bathrooms with frameless shower screens, black tapware and floor to ceiling tiling
- Four bedrooms include a luxe master with double shower and private deck
- Double automatic garage with the convenience of internal access and storage
Outgoings
Council Rates: $2,784 approx. per annum
Water Rates: $807.96 approx. per annum
Dimensions:
Internal Living Area: 224m²
External Living Area: 60m²
Total Living Area: 284m²
This property is being sold under the Online Friendly Auction System.
An independent building and pest report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
**Health & Safety Measures are in Place for Open Homes & All Private Inspections
**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Natalie Tonks, 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.