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2/86 Morgan St, Merewether NSW 2291

Merewether Unit
Last sold $1,070,000 18 Mar 2024
Technical details
Title reference2/SP56559
Zoning2
Nature of propertyResidence
Primary purposeResidence
Valuation district008
Property ID241933

How this sale compares

The 2024 sale was 33% above the Merewether median unit price for that year ($802,500 across 114 sales).

Since then the median unit price in Merewether has risen 22%, from $802,500 in 2024 to $982,500 over the last 12 months (88 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 $1,070,000 on 18 Mar 2024, that rent is a gross yield of 3.0% 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.

Sale history

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

Beds Baths Cars Title reference
18 Mar 2024 24 May 2024 $1,070,000 - - - 2/SP56559
$1,070,000 Sold 18 Mar 2024
Settled24 May 2024
Beds-
Baths-
Cars-

Title reference: 2/SP56559

Other sales at 86 Morgan St

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

Beds Baths Cars Title reference
4 28 Apr 2026 19 Jun 2026 $1,610,000 - - - 4/SP56559
4 5 May 2015 15 Jun 2015 $730,000 - - - 4/SP56559
$1,610,000 Sold 28 Apr 2026
Unit4
Settled19 Jun 2026
Beds-
Baths-
Cars-

Title reference: 4/SP56559

$730,000 Sold 5 May 2015
Unit4
Settled15 Jun 2015
Beds-
Baths-
Cars-

Title reference: 4/SP56559

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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