5/15 Mary StreetMerewether NSW 2291
Property Details for 5/15 Mary St, Merewether
5/15 Mary St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 137m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (September 2026)
Could you picture yourself living in the highly sought-after suburb of Merewether? Offering a fantastic opportunity for first home buyers, downsizers or savvy investors, this well-presented two-bedroom unit combines low-maintenance living with a lifestyle that puts some of Newcastles best attractions within easy reach.
Enjoy early morning swims, a surf at Merewether Beach or a scenic walk through Glenrock State Conservation Area. The Junction is also just 1.5km away, with a great selection of cafs, restaurants, pubs and everyday amenities, meaning you can leave the car at home and enjoy everything this fantastic location has to offer.
For investors, the property is currently rented out returning $645 per week, providing an attractive opportunity to secure a set-and-forget investment in a tightly held suburb.
Inside, the unit has been thoughtfully updated with a renovated kitchen and bathroom, modern hybrid timber flooring and fresh paint throughout. Both bedrooms feature double mirrored built-in wardrobes, while the kitchen offers plenty of storage, stone benchtops, a gas cooktop and dishwasher.
One of the standout features is the private grassed courtyard, providing your own outdoor space for entertaining, relaxing or even creating a small vegetable garden. The single lock-up garage also offers convenient street access with remote-controlled entry.
Key Features
Two bedrooms, both with double mirrored built-in wardrobes
Renovated kitchen with stone benchtops, gas cooking and dishwasher
Modern updated bathroom
Modern hybrid timber flooring throughout the living areas
Freshly painted throughout
Private grassed courtyard
Single lock-up garage with remote-controlled access
Split-system air conditioning in the lounge room
Updated downlights throughout
Currently leased until March 2027 at $645 per week
Ideal opportunity for first home buyers or investors
Convenient Merewether location close to beaches, cafs, restaurants and The Junction
An excellent opportunity to secure an affordable foothold in one of Newcastles most desirable suburbs, offering both lifestyle appeal and strong investment potential
Strata rates approx $1,040 p/q
Council rates approx $495 p/q
Water rates approx $260 p/q
Disclaimer: 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.
Property History for 5/15 Mary St, Merewether, NSW 2291
- 31 Aug 2026Listed for Sale $800,000 - $850,000
- 03 Mar 2026Listed for Rent - Price not available
- 20 Feb 2023Sold
Recent sales nearby
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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 5,911 properties. Over the last 5 years, Houses in Merewether have seen a 14.00% increase in median value, while Units have seen a 25.30% increase. As at 31 August 2026:
- The median value for Houses in Merewether is $1,960,062 while the median value for Units is $971,176.
- Houses have a median rent of $965 while Units have a median rent of $650.
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