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 › Charlotte St
$2,800,000–$3,000,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
599 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
Asking
$2,800,000–$3,000,000
Asking range · $4,674/m² of land
No recorded sale for this property.
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
+47.4%
Median sale
Suburb $1,900,000
-0.61 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.
Based on the low end of the asking range, not a contract price.
$139,879 on top of the price (5.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Merewether's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 MOVABLE Newcastle & StocktonHeld by the same family since it was built and offered to the market for the very first time, this is one of Merewether's genuine blue-chip opportunities. Chosen for its commanding elevation and extraordinary outlook, it was only the second home constructed in prestigious Charlotte Street, securing a position that remains as compelling today as it was decades ago.
Elevated above its garage and workshop on a 599sqm block, the four-bedroom home has been lovingly maintained and enjoyed across generations. Comfortable and immediately liveable, it offers the rare chance to settle in, absorb the surroundings and decide what comes next.
The outlook is nothing short of spectacular. To the east, uninterrupted ocean views provide a front-row seat to sunrises, moonrises, migrating whales and dramatic coastal storms. To the north, the city skyline sparkles after dark, stretching across Newcastle to Mount Tomaree and the distant outline of Barrington Tops. At the rear, Charlotte Street Reserve forms a leafy natural backdrop, delivering privacy, greenery and a rare sense of space.
The existing home makes the most of its elevated setting, but the true excitement lies in the possibilities ahead. Whether you choose to renovate, reimagine or create a landmark new residence befitting its prestigious address, the potential to build upward and capture even more of this remarkable panorama is undeniable, all subject to council approval.
Just 1.2km from Merewether Beach and Ocean Baths, you're close enough to make morning swims, afternoon surfs and sunset walks part of everyday life. Bathers Way, Glenrock State Conservation Area, cafés, schools and The Junction precinct's shopping and dining are all within easy reach, reinforcing why Charlotte Street remains one of Newcastle's most coveted addresses.
- Approx. block dimensions 15.24m x 39.62m
- Beautiful original timber features throughout
- Bright open plan living and dining area connects to large ocean and city view patio
- Four bedrooms or three plus study
- Second shower and w/c downstairs along with workshop, storage and double garage
- Holy Family and Merewether Heights primary schools within 1km, 100m walk to school bus stop for private schools and high schools; Kotara High, Merewether High, Newcastle Grammar, HSPA and St Philip's
- The Junction precinct – 2.8km, Westfield Kotara – 4.5km
- All building work is subject to approval from Newcastle City Council
Genuine Enquiries Only
Recently, we've noticed an increase in fake and spam enquiries.
To help us respond efficiently, moving forward we will only reply to genuine enquiries that include a first and last name, along with a valid mobile number.
Thank you for your understanding.
Listing description written by Jason Maxwell, MOVABLE Newcastle & Stockton — 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.