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 › Scenic Dr
$2,300,000–$2,500,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
1
Car spaces
592 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
$2,300,000–$2,500,000
Asking range · $3,885/m² of land
No recorded sale for this property.
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
+21.1%
Median sale
Suburb $1,900,000
-0.33 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.
$112,379 on top of the price (4.9% 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 1.6%. 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
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 Harcourts NewcastlePositioned high on sought-after Scenic Drive, this elevated residence captures an extraordinary outlook spanning the Newcastle coastline. From the rolling waves of Merewether Beach to Strzelecki Headland and north towards Port Stephens, the ever-changing vista provides a spectacular backdrop from dawn until dusk, with sparkling city lights transforming the view each evening.
Designed to embrace its prized position, the front terrace has been beautifully updated with sleek glass balustrades and quality tiling, creating the perfect space to soak up the scenery. Whether it's your morning coffee, an afternoon watching the surf, or evening drinks overlooking the coastline, this is a view you'll never tire of. Seasonal whale migrations, dolphins playing in the surf, and ships making their way into Newcastle Harbour become part of everyday life.
Inside, the home offers comfortable living with plenty of charm while presenting exciting opportunities to personalise over time. The lower level features a spacious living room with timber floors and a feature brick fireplace, a separate dining area, and a neat, practical kitchen. Upstairs, three well-proportioned bedrooms provide peaceful accommodation, with the main bedroom opening directly onto the terrace, allowing you to wake each day to uninterrupted ocean views.
The lifestyle on offer is just as impressive. Merewether Ocean Baths and the beach are only 500 metres away, making an early swim or surf part of your daily routine. Pick up a coffee from Blue Door, explore the iconic Bathers Way stretching towards Nobbys Beach, or escape into Glenrock State Conservation Area with its bushwalking trails, mountain bike tracks, and secluded beaches. Local favourites including The Surfhouse and Merewether Beach Hotel are also just moments away, offering the perfect way to end the day.
Ready to enjoy today while offering exceptional scope for the future, this is an outstanding opportunity to secure a blue-chip Merewether address with a view that simply cannot be replicated. Architectural concept plans are available (STCA), showcasing the incredible potential to further enhance the existing home or create a striking new multi-level residence designed to maximise this remarkable coastal setting.
- Elevated dual-level brick and tile home on a north-facing 592sqm block
- Panoramic coastal views stretching from Merewether Beach to Port Stephens
- Renovated front terrace with tiled flooring and frameless glass balustrades
- Spacious air-conditioned living room with timber flooring and feature brick fireplace
- Separate dining area adjoining a functional kitchen with electric cooking
- Three upstairs bedrooms, including a main bedroom opening onto the terrace
- Ground floor bathroom plus full family bathroom upstairs
- Oversized single garage with internal access and automatic door, plus additional off-street parking
- Low-maintenance rear garden
- Approximately 500m to Merewether Beach and Ocean Baths
- Approximately 1.7km to The Junction's cafés, restaurants, shopping and sought-after schools
* This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.
Listing description written by Belinda Bartholomew-Walsh, Harcourts Newcastle — 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.