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1/50 Morgan St, Merewether NSW 2291

Merewether Unit
Last sold $1,150,000 4 Jun 2026
Technical details
Title reference3/SP40230
Site area (whole strata scheme)843 m²
ZoningR3 Medium Density Residential
Nature of propertyResidence
Primary purposeResidence
Valuation district008
Property ID241914

How this sale compares

Sold for $1,150,000 in Jun 2026, up $420,000 (58%) on the $730,000 paid in Jan 2017. That is about 5.0% a year over 9.4 years.

Over the same period the median unit price in Merewether rose 34%, from $729,000 in 2017 to $980,000 in 2026.

The 2026 sale was 17% above the Merewether median unit price for that year ($980,000 across 67 sales).

Merewether medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Merewether sold prices by year.

Rent and yield

Units in postcode 2291 rented for a median $620 a week, from 240 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $1,150,000 on 4 Jun 2026, that rent is a gross yield of 2.8% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Merewether.

Planning controls

Zone
R3 Medium Density Residential
Minimum lot size
400 m² For subdividing the whole site, not one unit
Maximum building height
10 m
Floor space ratio
0.9:1 Floor area allowed for each square metre of site

From the Newcastle Local Environmental Plan 2012 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
4 Jun 2026 18 Aug 2026 $1,150,000 - - - 3/SP40230
25 Jan 2017 8 Mar 2017 $730,000 - - - 3/SP40230
$1,150,000 Sold 4 Jun 2026
Settled18 Aug 2026
Beds-
Baths-
Cars-

Title reference: 3/SP40230

$730,000 Sold 25 Jan 2017
Settled8 Mar 2017
Beds-
Baths-
Cars-

Title reference: 3/SP40230

Other sales at 50 Morgan St

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
2 17 Feb 2021 26 Mar 2021 $830,000 - - - 2/SP40230
3 20 Aug 2020 4 Dec 2020 $870,000 - - - 1/SP40230
$830,000 Sold 17 Feb 2021
Unit2
Settled26 Mar 2021
Beds-
Baths-
Cars-

Title reference: 2/SP40230

$870,000 Sold 20 Aug 2020
Unit3
Settled4 Dec 2020
Beds-
Baths-
Cars-

Title reference: 1/SP40230

Recent sales on Morgan St

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Merewether

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