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 › Selwyn St
$2,450,000
Last sold
19 June 2026
3
Bedrooms
1
Bathrooms
3
Car spaces
1,005 m²
Land
140 m²
Building
Districts View
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
$2,450,000
19 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Merewether (last 5 years) with land size have a median of $4,091/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
+28.9%
Median sale
Suburb $1,900,000
-0.43 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 Century 21 NovocastrianIn a suburb where land is the ultimate status symbol, this 1,005sqm (approx.) holding with a huge 20.12m frontage is the kind of site developers and dream-home builders wait years to find. The true value is the scale, proportions and north-facing orientation, a foundation for a high-end redevelopment concept or a statement family residence that simply isn't being delivered on blocks like this anymore.
This is a genuine land-first opportunity with the fundamentals to support big ideas, from a multi-dwelling concept to a premium new build that makes the most of the setting.
* 1,005m2 of north-facing land with an impressive 20.12m frontage
* Approx. dimensions 20.12m x 50.29m with R2 zoning
* Ideal fundamentals to explore redevelopment potential in a tightly held coastal suburb (STCA)
* Scope for a multi-dwelling concept or strategic build outcome that suits modern demand (STCA)
* Rare chance to create a large-scale dream home with proper garaging, pool potential, outdoor entertaining zones and real backyard depth
* Existing home offers a practical holding income or live-in option while you design, plan and navigate approvals
* Strong lifestyle position, approx. 900m to Llewellyn Street village, around 1.5km to The Junction, and minutes to the beach, baths and coastal dining
Merewether blocks of this calibre are becoming harder to replace every year, and it's the wide frontage that really sets the tone here, giving you design flexibility and street presence that smaller sites just can't match. Whether your end game is a premium redevelopment outcome or building an uncompromising family home with every extra, this is a blue-chip landholding with genuine scarcity value.
All building and development is subject to the relevant approvals from Newcastle City Council (STCA).
Zoning: R2 Low-Density Residential
Land Area: 1005m2 (20.115 wide x 50.29 long)
Council: Newcastle City Council
Land Rates: $5,050.00 per year (approx)
Water Rates: $961.30 per year (approx)
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos may be digitally edited and include virtual furniture.
Listing description written by Suzanne Hill, Century 21 Novocastrian — 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.