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 › Berner St
$1,490,000
Last sold
2 Nov 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
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
$1,490,000
2 Nov 2024 · derived via latest_sale
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
-21.6%
Median sale
Suburb $1,900,000
+0.53 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 Simon Wall PropertyIf you are looking to acquire a property with endless value-adding potential or perhaps you might want to knock down and rebuild to join the chorus of quality homes that you are surrounded by then this opportunity is well worth your attention. Resting on a flat, north to rear facing 349sqm parcel of land with a 17.5m frontage this original, Torrens title home is an absolute classic, blank canvas opportunity and we can't wait to meet the lucky new owners.
As soon as you step inside you will appreciate the uncomplicated and free flowing floor plan where the generous in size, open plan living area merges seamlessly with the outside entertaining area that is perfectly placed within the middle of the home. Enjoying both front and rear remote control garage doors which provides direct access into this spacious area it allows you to host family and friends at ease, or with a bit of foresight could be converted into another enclosed living space within the home and absorb its north to east facing aspect.
At the front of the home, you have your separate dining room area perfect for meal times, while the well-appointed, retro style kitchen surrounds the remainder of the room and features a floor to ceiling timber panelling pantry and curved island bench. Adjacent to the kitchen with direct access outside is a spacious laundry with additional cupboard space.
Wrapping around the rear of the home are your three generous sized bedrooms which all boast floor to ceiling built in wardrobes, while one of the bedrooms features a reverse cycle/split air conditioning unit. Perfectly placed to service the three bedrooms is the retro style bathroom which features a shower, bath, vanity and separate toilet.
Situated on one of Merewether's most iconic streets, you are walking distance to all of your needs. Whether it be 650 meters to Dixon Park and Merewether Beach, or a 4-minute walk to Lewellyn St shops, cafes and IGA you will need to pinch yourself at the chance to live in the heart of Merewether at an entry level, affordable price point.
- Torrens Title Property with plenty additional off-street parking
- Master bedroom with ceiling fan and air conditioning
- Low maintenance Parcel of land
- 200m to Townsend Oval
- 270 meters to Lingard Hospital
- 300meters to Lewellyn St shops, cafes and IGA
- 10 Minute Walk to Iconic Merewether Beach and Bathers Way.
Disclaimer: All information contained herein is collected from property owners or third-party sources which we believe are reliable, however we cannot guarantee its accuracy. All interested person/s should rely on their own enquiries.
Listing description written by Simon Wall, Simon Wall Property — 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.