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 › Edward St
$1,480,000
Last sold
4 Nov 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
300 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
$1,480,000
4 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Merewether (last 5 years) with land size have a median of $4,014/m² of land (n=74). 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
-22.1%
Median sale
Suburb $1,900,000
+0.55 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 EstateIf you're looking for a stylish, low-maintenance home that just works, this near-new stunner might be exactly what you're after. Built on a single level with a super-manageable block, it's perfect whether you're a small family, busy couple craving more space, empty nesters ready to downsize, or an investor (bonus: there's already a fantastic tenant hoping to stay!).
The moment you arrive, you'll notice the eye-catching façade by Marretta Design, complete with sleek privacy fencing. Step inside, and the quality hits you at every turn. The bathrooms are gorgeous. Think floor-to-ceiling tiles, brushed brass fixtures, and beautiful skylights flooding the space with natural light. The kitchen works for cooks of all levels with its stone benchtops, gas cooking, and that statement island bench everyone loves.
Comfort and style go hand in hand here – ducted air conditioning keeps the temperature just right, while plantation shutters and double blinds add that perfect finishing touch. The separate living and dining spaces flow together, plus you can take your pick of two patios for those perfect alfresco moments. And for a practical touch, the double garage connects directly to both the laundry and house.
Grab your surfboard and hit Merewether Beach, just a quick bike ride away, or for a change of scenery, Honeysuckle's buzz is only 10 minutes by car. The Junction precinct's fantastic cafes and shops are a casual 1300m stroll away, and if you're working at Lingard Private Hospital, your commute is a breezy four minutes. No wonder everyone's trying to move into this premier Newcastle suburb.
Near new single level home on easy up-keep and private block
Separate lounge and dining areas with hybrid flooring, ducted a/c throughout
Caesarstone island kitchen, gas cooktop, under bench oven, dishwasher
Three carpeted bedrooms, two with built-in robes main with walk-in robe and ensuite
Main bathroom spoils you with both a luxurious bath and walk-in shower
Internally accessed double garage with discreet laundry room
2.5km/5mins – Bar Beach or Merewether Beach, 2.6km/6mins – Newcastle Interchange, 3.3km/7mins – Civic Theatre, 4km/9mins – Newcastle Grammar
Available with vacant possession or with a great tenant who would love to stay $905pw
Outgoings:
Council Rates: $2,448 approx. per annum
Water Rates: $925.74 approx. per annum
Estimate Rental Income: $900 - $950 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.