2/27 Mitchell St, Merewether NSW 2291
Merewether Unit
Technical details
How this sale compares
Sold for $655,000 in Aug 2026, up $252,000 (63%) on the $403,000 paid in Apr 2020. That is about 8.0% a year over 6.3 years.
Over the same period the median unit price in Merewether rose 44%, from $680,000 in 2020 to $977,500 in 2026.
The 2026 sale was 33% below the Merewether median unit price for that year ($977,500 across 66 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 $655,000 on 27 Aug 2026, that rent is a gross yield of 4.9% 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
- R2 Low Density Residential
- Minimum lot size
- 400 m² For subdividing the whole site, not one unit
- Maximum building height
- 8.5 m
- Floor space ratio
- 0.75:1 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.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 27 Aug 2026 | 8 Oct 2026 | $655,000 | - | - | - | 2/SP21862 |
| 21 Apr 2020 | 15 Jun 2020 | $403,000 | - | - | - | 2/SP21862 |
| 31 May 2016 | 29 Jun 2016 | $350,000 | - | - | - | 2/SP21862 |
$655,000 Sold 27 Aug 2026
Settled8 Oct 2026
Beds-
Baths-
Cars-
Title reference: 2/SP21862
$403,000 Sold 21 Apr 2020
Settled15 Jun 2020
Beds-
Baths-
Cars-
Title reference: 2/SP21862
$350,000 Sold 31 May 2016
Settled29 Jun 2016
Beds-
Baths-
Cars-
Title reference: 2/SP21862
Other sales at 27 Mitchell St
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 5 | 18 Jun 2025 | 30 Jul 2025 | $610,000 Property features as at 20 July 2025. If the property has been renovated or altered, features may be different for sales before or after this date. | 1 | 1 | 1 | 5/SP21862 |
| 1 | 20 Jun 2022 | 5 Sep 2022 | $530,000 | - | - | - | 1/SP21862 |
| 3 | 2 Mar 2020 | 6 Mar 2020 | $520,000 | - | - | - | 3/SP21862 |
| 7 | 8 Feb 2019 | 15 Mar 2019 | $432,000 | - | - | - | 7/SP21862 |
| 5 | 8 Aug 2017 | 25 Aug 2017 | $385,000 | - | - | - | 5/SP21862 |
| 4 | 7 Mar 2017 | 11 Apr 2017 | $451,000 | - | - | - | 4/SP21862 |
$610,000 Sold 18 Jun 2025
Property features as at 20 July 2025. If the property has been renovated or altered, features may be different for sales before or after this date.
Title reference: 5/SP21862
$530,000 Sold 20 Jun 2022
Title reference: 1/SP21862
$520,000 Sold 2 Mar 2020
Title reference: 3/SP21862
$432,000 Sold 8 Feb 2019
Title reference: 7/SP21862
$385,000 Sold 8 Aug 2017
Title reference: 5/SP21862
$451,000 Sold 7 Mar 2017
Title reference: 4/SP21862
Recent sales on Mitchell St
Sold in the last two years.
- 10/47 Mitchell St, Merewether 2291 $860,000 sold 31 Jul 2026
- 5/84 Mitchell St, Merewether 2291 $750,000 sold 22 May 2026
- 76 Mitchell St, Merewether 2291 $1,552,000 sold 8 Jan 2026, 318 m²
- 6/80 Mitchell St, Merewether 2291 $845,000 sold 15 Dec 2025
- 1/57 Mitchell Street, Merewether 2291 $740,000 sold 15 Dec 2025
- 95 B Mitchell St, Merewether 2291 $3,400,000 sold 1 Oct 2025, 355 m²
- 3/83 Mitchell Street, Merewether 2291 $1,400,000 sold 10 Sep 2025
- 91 Mitchell St, Merewether 2291 $960,000 sold 18 Aug 2025, 122 m²
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 1/34 Morgan St, Merewether 2291 $1,216,000 sold 16 Sep 2026
- 18 A Hopkins St, Merewether 2291 $825,000 sold 11 Aug 2026, 165 m²
- 1/6 Robert St, Merewether 2291 $1,570,000 sold 7 Aug 2026
- 43 Berner St, Merewether 2291 $2,650,000 sold 31 Jul 2026, 604 m²
- 3/216 Union St, Merewether 2291 $1,450,000 sold 23 Jul 2026
- 3/52 Merewether St, Merewether 2291 $985,000 sold 13 Jul 2026
- 2/69 Berner St, Merewether 2291 $1,230,000 sold 9 Jul 2026
- 4/61 Merewether St, Merewether 2291 $900,000 sold 1 Jul 2026