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 › John Pde
$7,250,000
Last sold
23 Sept 2020
4
Bedrooms
3
Bathrooms
6
Car spaces
518.5 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
$7,250,000
23 Sept 2020 · 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
+281.6%
Median sale
Suburb $1,900,000
-1.42 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: The Arc, 45 Watt Street Newcastle and Live via Auction Now Website.
There is no position in Merewether more connected to the beachfront than the promenade of John Parade. This coveted strip holds only 10 sites designed for housing, with the average hold time being over 12 years for owners. The rarity of this position, combined with the flawless execution of this design and build, really does make this the most exclusive Merewether residence ever to be offered.
Collaboratively designed by award winning architects Chris Mury Architects and Shane Blue of Bourne + Blue, this ground-breaking 4 bedroom, 3.5-bathroom, triple garage residence sits in a realm of its own.
The home itself is a piece of art curated with a desire for clean lines, a sleek minimalistic feel, snow white interior, floor to ceiling glass and huge gallery walls to hang a prized collection of paintings. It's a residence that is mesmerising and inspiring, sure to evoke an emotional response every time you turn a corner. The dramatic 9 metre void on entry is made all the more amazing by its bespoke helical staircase.
The carefully considered layout includes a private guest bedroom and a self-contained apartment on the ground floor along with an inviting outdoor terrace with heated pool. The mid - level features window-walled ocean-view living spaces designed for all occasions, with glimpses into the gallery from selected angles and a stunning ocean deck framed by the building's facade. The top level plays host to a hotel-style master suite enjoying its own space and privacy, accompanied by a home office, opulent dressing room, and lavish fully glass tiled ensuite.
If you have a penchant for the finest things in life, then you'll know that you don't always get to choose when the opportunities to secure the finest things come your way. You only get to choose whether you seize the day and act on those opportunities.
If you would like to act on this opportunity, then contact Mark Kentwell on 0402901044 to receive a more detailed property web-book and talk about the next steps.
Outgoings:
Council Rates: $2,139 approx per quarter
Water Rates: $728.28 approx per annum
This property is being sold under the Online Friendly Auction System.
An independent pest & building 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 Mark Kentwell, 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.