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 › Watkins St
$4,500,000
Last sold
13 Mar 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
499 m²
Land
290 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
$4,500,000
13 Mar 2025 · 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
+136.8%
Median sale
Suburb $1,900,000
-1.11 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 homeinthehunterWhen you live, work and play at a certain pace, owning a home like this is truly life-changing.
A modern architectural triumph, with unparalleled privacy and proportions, fixtures and finishes; this home redefines resort-style living and delivers the ultimate haven for relaxation and entertainment.
Just a 5 minute stroll to the surf and sand, this is a rare level of luxury combined with an extraordinary lifestyle.
Key Features:
- A stunning kitchen at the heart of the home, where you can be entertaining from the beautiful 4.2m long island and looking across 3 separate living zones where friends and family are chatting while you have full view of the kids playing and laughing in the pool.
- A sought-after 493sqm block and air-conditioned 4 car garage/studio/gym just perfect for multiple vehicles, a trailer and your surfboards or electric bikes.
- Expansive floorplan with 4 large bedrooms (one conveniently on the ground level), 3 living zones, a library mezzanine and 2.5 bathrooms.
- Magazine-worthy and completely private outdoor zone with a designer heated pool that sits as a feature view from most rooms in the home. With automated retractable roof, this special space provides a year-round sanctuary no matter what way the wind is blowing at the beach. A mod build deck, double BBQ and drinks fridge complete this entertaining zone.
- A proper master retreat with floor-to-ceiling windows and sheers, bespoke walk-through dressing room with floor-to-ceiling cabinetry and shelving, a day-spa like ensuite with oval freestanding bath and room-length double shower.
- Gorgeously landscaped gardens providing ample screening and strategic green views of magnolia leaves and ornamental trees.
- Luxurious finishes and inclusions: 336-bottle wine cabinet, 6.3km solar, alarm system, hot and cold outdoor shower, miele appliances (induction cooktop, steam oven & oven, plate warmer, dishwasher), butler's pantry, brand new curtains and sheers, automation for blinds, music and irrigation.
Location: Not just the pinnacle location in Newcastle, but also along the East Coast for its unique holiday at home vibes. There is no other location where you can be this close to the beach and the city. 350m to the Dixon Park Surf Club, 600m to Merewether Beach. 500m to sought-after The Junction Public School. 3min to The Junction Shopping Centre, 7min to Newcastle CBD, 10min to Westfield Kotara, 15min John Hunter Hospital or Newcastle University.
Lifestyle: You are so close to the beach you could take your own mug as it would still be hot, or you could pick up coffee at one of the stunning beachfront cafes before hitting the surf or the Bathers Way coastal walk. Collect your daily sourdough from The Grumpy Baker (600m), enjoy brunch at Tallulah (600m) or acai bowls at Convoy Commune (700m). Dinner options are plentiful all along Darby Street (800m) or even closer to home and with views of the waves at Merewether Surf House.
Listing description written by Daniel & Laura McMahon, homeinthehunter — 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.