If any suburb characterises the seachange, and the transformation of Newcastle, it is Merewether.
Once a working class, mining village, Merewether is now blue chip real estate and has become arguably the region’s most sought-after residential suburb.
It is located approximately three kilometres from Newcastle’s CBD and is bordered by pristine beaches, Bar Beach, The Junction, Adamstown and Merewether Heights.
According to Australian Property Monitors, Merewether experienced market growth of around 20 per cent in each of the past two years. The biggest sale for 2017 was $5.05 million.
Locals have always known how good Merewether beach is and last month the secret well and truly got out after it had the honour of being named “best city beach” in Australia.
Highly regarded schools, proximity to The Junction Shopping Village, cafes, restaurants and bars makes this laid-back suburb popular with a range of people.
FROM THE EXPERT
- Presented by Matthew Waddell, general manager Robinson Property
Merewether is one of Newcastle’s most sought-after suburbs with something for everyone.
Renowned for the surf culture, Merewether has embraced this lifestyle with casual cafes, strip shops and a number of quality clubs and hotels to enjoy a meal and drink.
The ease of getting around Merewether, the many parks and proximity to shopping centres makes it great for families.
In 2017 house prices increased 20.5 per cent to a median of $1.38 million while units increased 33.6 per cent to a median of $648,000.
Merewether property is always tightly held with a great deal of interest in all listings when they hit the market.