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Property Research Report for Ocean St, Merewether 2291

Number of houses/units on street
31/122
Highest price paid – last 3 years
$3,500,000
Lowest price paid – last 3 years
$450,000
Average land size houses
747
Average units per unit block
17

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78 recorded sales
since Tuesday, 7 May 1991

  • Up to 20 years of sales history for the street
  • 12 month forecast on median price
  • 5 years worth of price trends
  • Details of when properties were last sold

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Heatmap: Median Price, Houses
Median Price
Capital Growth
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Ocean St

Property Prices 12 months to January 2015

HOUSES UNITS
Merewether LGA Newcastle Merewether LGA Newcastle
Median Prices $810,000 $466,000 $390,000 $419,000
Long Term Trend 4.0% 3.8% 4.2% 2.2%
Auction Clearance Rates 73.1% 66.2% 66.7% 54.2%
Days on Market 46 days 53 days 34 days 65 days
Discounting 6.2% 5.6% SNR 4.6%

SNR = Statistically Not Reliable
* Based on sales reported to Australian Property monitors
LGA = Local Government Area

Median Property Trends for properties in Merewether

House Price Trend in LGA Newcastle Unit Price Trend in Merewether

Latest Sales in Merewether

Address Bedrooms Bathrooms Type Agent Price
1/15 Railway St 2 1 Townhouse PRD Newcastle $555,000
62 Turnbull St 3 1 House PRD Newcastle $990,000
12/28-32 Berner St 2 1 Unit Robinson Property $455,000
16/11-17 Morgan St 2 1 Unit Robinson Property $380,000
5/34 Morgan St 2 1 Townhouse Dalton Partners $505,000

More Sales Records

Record Prices Paid

Houses - The Top Sales: 12 Months ended 17 Apr 2015

Address Bedrooms Bathrooms Type Agent Price
116 Curry St 4 4 House PRD Newcastle $2,000,000
86 Merewether St 5 3 House Robinson Property $2,000,000
34 Curry St 5 4 House Robinson Property $1,975,000
79 Frederick St 4 2 House Walkom RE $1,775,000
35 Hall St 5 2 House Dalton Partners $1,750,000

Units - The Top Sales: 12 Months ended 17 Apr 2015

Address Bedrooms Bathrooms Type Agent Price
2/14 Llewellyn St 3 2 Unit Robinson Property $700,000
2/85 Frederick St 2 1 Unit McGrath Newcastle City $660,000
7/2 Scenic Dr 2 1 Unit PRD Newcastle $615,000
11/2 Scenic Dr 2 1 Unit PRD Newcastle $575,000
1/9 Merewether St 3 1 Unit Robinson Property $540,000

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Who lives in 2291

Ages of people living in 2291

20 to 39 31%

40 to 59 28%

60+ 19%

5 to 19 17%

0 to 4 5%

View more demographics for 2291 ›

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