4/87 Watkins Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

4/87 Watkins Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 555m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 May 2026
Low

High
Save

Property Details for 4/87 Watkins St, Merewether

4/87 Watkins St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 555m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1997
Floor Size
83m2
Land Size
555m2
Local Government
Newcastle
Lot/Plan
4/SP54100

Last Listing description (March 2022)

A dream location on the top floor of this boutique complex of only four, just metres from world class Merewether Beach and popular Dixon Park. Open plan light filled interiors, ducted air conditioning and secure garaging present the ultimate coastal and surfing lifestyle.

- Positioned alongside the world-renowned surf break of Merewether Beach
- Wake up to the sounds of the ocean just footsteps to the water's edge

- Stylishly updated interiors, oversize windows to capture the sea breezes
- Floating floorboards throughout, ducted air conditioning for all year comfort
- Good-sized bedrooms both with mirrored built-in robes, remote garaging
- Large bathroom with separate bath, separate WC and large internal laundry
- A rare opportunity for the astute investor or an affordable seaside location
- Less than a minute's walk to Dixon Park and Merewether's famous surf beach
- Easy stroll to cafes, iconic Merewether Surf House and popular ocean baths
- Close to The Junction Village, Darby Street's dining precinct and the CBD

Property History for 4/87 Watkins St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$975,000
25 Mar 2022
Listed for Rent
$450/w
06 Sep 2019
  • 25 Mar 2022
    Sold for $975,000
  • 02 Mar 2022
    Listed for Sale Auction Onsite
  • 16 Aug 2019
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

About Merewether 2291

The size of Merewether is approximately 6.4 square kilometres. There are 19 parks, covering nearly 49.5% of the 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 5,901 properties. Over the last 5 years, Houses in Merewether have seen a 30.74% increase in median value, while Units have seen a 41.90% increase. As at 30 April 2026:

  • The median value for Houses in Merewether is $2,072,970 while the median value for Units is $977,753.
  • Houses have a median rent of $980 while Units have a median rent of $630.
There are currently 18 properties listed for sale, and 10 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 270 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

Market Insights
Merewether Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Merewether Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.