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

5 Mary Street
Merewether NSW 2291

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 118m2
Land area: 398m2
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Property Details for 5 Mary St, Merewether

5 Mary St, Merewether is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2012. The property has a land size of 398m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in May 1998.

Building Type
House
Year Built
2012
Floor Size
118m2
Land Size
398m2
Local Government
Newcastle
Lot/Plan
3/DP337059

Last Listing description (February 2023)

Presenting a superbly versatile floorplan, period charm and a laidback coastal lifestyle to match, this large home offers an incredible opportunity for astute investors. It's perfectly located to embrace friendly community vibes, frequent local cafes and eateries, explore coastal walks and mountain bike trails, catch a few waves and soak up those fresh sea breezes.

This is the home that keeps on giving as it seamlessly merges beautiful character with modern interiors. Meander through, and you'll notice the abundance of space and interiors transformed to suit busy lifestyles with multiple zones to relax or socialise and options to entertain effortlessly. The kitchen island bench invites many household conversations, and a private, covered outdoor oasis provides the perfect ambience for those social summer BBQs. Combining low-maintenance timber flooring, extensive storage and plenty of room for privacy, this home is ideal for families or groups of friends living together.

Currently occupied by loyal tenants motivated to stay, the return on investment is immediate. This easy-going beachside lifestyle with easy access to Newcastle CBD and university, quality schools, major retail, local hotspots, Merewether Beach and baths and numerous outdoor adventures will appeal to many looking for a coastal change.

- Unique and versatile single-level home in a fantastic coastal location near every convenience
- Four large robed bedrooms with ensuite to the main plus adjoining custom-designed office space
- Two modern bathrooms, including bathtubs and heat lamps
- Huge galley kitchen with oversized breakfast island bench, gas cooking, stone benchtops and an abundance of storage
- Expansive living room with access to a private outdoor entertaining and BBQ space
- Easy-care timber flooring, ceiling fans and ducted a/c, large laundry and under-house storage
- Carport with extra high clearance plus one off-street car space
- Excellent investment opportunity, currently returning $975 per week
- Walking distance from Fernleigh Track mountain bike trails, Merewether Beach and Merewether Heights Primary School
- Less than 10mins drive from Newcastle University and CBD, Kotara Westfield, The Junction, McDonald Jones Stadium and multiple local cafes and restaurants

Property History for 5 Mary St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$165,000
22 May 1998
Listed for Rent
$900/w
02 Dec 2021
  • 13 Jan 2023
    Listed for Sale $1,400,000 - $1,500,000
  • 09 Nov 2021
    Listed for Rent $900 / week
  • 22 May 1998
    Sold for $165,000
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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 5,901 properties. Over the last 5 years, Houses in Merewether have seen a 46.51% increase in median value, while Units have seen a 42.73% increase. As at 28 February 2026:

  • The median value for Houses in Merewether is $2,120,461 while the median value for Units is $942,887.
  • Houses have a median rent of $815 while Units have a median rent of $640.
There are currently 8 properties listed for sale, and 14 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 268 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.