15 Mary Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

15 Mary Street
Merewether NSW 2291

Bedrooms: 20
Bathrooms: 10
Car spaces: 10
Land area: 1034m2
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Last updated 19 Jan 2026
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Property Details for 15 Mary St, Merewether

15 Mary St, Merewether is a 20 bedroom, 10 bathroom Unit with 10 parking spaces. The property has a land size of 1034m2.

Building Type
Unit
Land Size
1034m2
Local Government
Newcastle

Last Listing description (June 2016)

First time offered ! Located in a quiet Street is this rare opportunity to purchase a block of 10 solid 2 bedroom units on the one title.

Consisting of 10 x 2 bedroom, 1 bathroom, 1 garage.


Currently returning $260 per week, per unit.

Rates for the entire complex are $2,949.00 per annum.

The future potential has multiple possibilities available.
- Live in one and rent the others
- Keep them all rented
- Renovate and improve rental return immediately
- Currently on one title, you could easily Strata title each unit now or in the future (STCA) an sell off individually.

The properties are in original condition but allows a new owner to add value in a terrific location close to shops and beach.

Inspections by private appointment only.

Property History for 15 Mary St, Merewether, NSW 2291

A timeline of how this property has performed in the market
  • 02 Oct 2015
    Listed for Sale Auction Onsite At 12 noon 14/11/2015
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About Merewether 2291

The size of Merewether is approximately 6.4 square kilometres. It has 19 parks covering nearly 49.5% of total area. The population of Merewether in 2016 was 10964 people. By 2021 the population was 11788 showing a population growth of 7.5% in the area during that time. The predominant age group in Merewether is 20-29 years. Households in Merewether are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Merewether work in a professional occupation.In 2021, 64.80% of the homes in Merewether were owner-occupied compared with 63.30% in 2016.

Merewether has 5,898 properties. Over the last 5 years, Houses in Merewether have seen a 60.67% increase in median value, while Units have seen a 43.15% increase. As at 31 December 2025:

  • The median value for Houses in Merewether is $2,095,317 while the median value for Units is $934,974.
  • Houses have a median rent of $800 while Units have a median rent of $620.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 272 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.