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NSW › Merewether › Turnbull St

56 Turnbull St, Merewether NSW 2291

House

$2,850,000

Last sold

18 Nov 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

594.4 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,850,000 (18 Nov 2025).(Recorded sale)
  • FactLand 594 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Merewether (last 5 years) with land size: median $4,014/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,850,000

18 Nov 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.

See the full Merewether report →

Vs Merewether

+50.0%

Median sale

Suburb $1,900,000

-0.64 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,850,00018 Nov 2025
  2. Listedprice unknowncompleted29 Oct 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Merewether in one glance

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.

See the full Merewether report →

Keep researching

  • Why Merewether? Read the area thesis →
  • What else is on the market in Merewether →
  • Other records on Turnbull St →

Listing material

Listed by Street Property Group

Classic bones, modern updates and large garage with retreat

Just 600m from The Junction and 500m to sought-after Hamilton South Public School, Turnbull Street is one of those addresses families hold onto for decades. With parkland, cafés, and beautiful beaches all close by, it's easy to see why this pocket of Newcastle is so loved.

Treasured by the same family for over 33 years, the home still carries its late-1920s charm with its ornate fretwork, timber floors, coloured glass windows, and beautiful crossbar ceilings. Three bedrooms sit peacefully at the front, the main with a walk-in robe and ensuite, while another includes an adjoining sunroom that's perfect as a study. A cosy lounge anchors the original footprint before opening to a fresh new contemporary bathroom. Step down the hallway in the morning and you're greeted by sunlight pouring into the open plan living and dining area, the warmth bouncing off the timber kitchen and northeast-facing windows. From here, step onto a wrap-around verandah where you can sit with your morning cuppa and watch the day unfold. The wide driveway gives kids or grandkids plenty of room for bikes and scooters, while the oversized double garage comes with an upper-level retreat that teens will no doubt claim as their own.

Set in a close-knit, family-friendly community, the lifestyle here is easy and inviting. Wander to The Prince or Mary Ellen for a casual meal, or head to the beach in five minutes for a surf or swim. With The Junction precinct's boutiques, cafés, and supermarkets just a 10-minute stroll away, everything you need is right at your fingertips.

Read the full description

- Classic double brick and tile home on 594.4sqm block, prized northeast rear aspect

- Stretch out in the cosy lounge or open plan family room with a/c

- Spacious timber kitchen, gas cooktop, under bench oven, dishwasher

- Three robed bedrooms, main with ensuite, one with sunroom/study and gas fire

- Sky-lit main bathroom with freestanding bath and frameless glass shower

- Wrap-around decked verandah overlooks established backyard

- Freestanding double garage with upper level retreat

- Bar Beach – 2km, Darby Street cafés – 2.1km, Honeysuckle – 2.9km

Council Rates: $3,814.88 per annum

Water Rates: $938.61 + Usage per annum

Estimated Rental Return: $1,150 - $1,250 per week

Disclaimer: we have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits

Listing description written by Damon Sellis, Street Property Group — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.