247 Glebe Rd, Merewether NSW 2291
Merewether House
Technical details
How this sale compares
Sold for $960,000 in Jun 2026, up $680,000 (243%) on the $280,000 paid in Feb 2015. That is about 11.5% a year over 11 years.
Over the same period the median house price in Merewether rose 106%, from $945,000 in 2015 to $1,950,000 in 2026.
The 2026 sale was 51% below the Merewether median house price for that year ($1,950,000 across 90 sales).
At $3,232 per square metre of land, it compares with a Merewether median of $4,818 per square metre over the last 12 months.
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
Houses in postcode 2291 rented for a median $900 a week, from 324 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $960,000 on 18 Jun 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
- Maximum building height
- 8.5 m
- Floor space ratio
- 0.6:1 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 | |||
|---|---|---|---|---|---|---|
| 18 Jun 2026 | 3 Jul 2026 | $960,000 | - | - | - | 460/625833 |
| 5 Feb 2015 | 20 Feb 2015 | $280,000 | - | - | - | 460/625833 |
$960,000 Sold 18 Jun 2026
Settled3 Jul 2026
Beds-
Baths-
Cars-
Title reference: 460/625833
$280,000 Sold 5 Feb 2015
Settled20 Feb 2015
Beds-
Baths-
Cars-
Title reference: 460/625833
Recent sales on Glebe Rd
Sold in the last two years.
- 5/441 Glebe Rd, Merewether 2291 $1,380,000 sold 13 Aug 2026
- 255 Glebe Rd, Merewether 2291 $1,100,000 sold 1 Jun 2026, 588 m²
- 1/391 Glebe Rd, Merewether 2291 $1,050,000 sold 13 Mar 2026
- 379 Glebe Rd, Merewether 2291 $1,200,000 sold 9 Mar 2026, 880 m²
- 1/265 Glebe Rd, Merewether 2291 $1,330,000 sold 13 Feb 2026
- 4/391 Glebe Rd, Merewether 2291 $1,170,000 sold 29 Jan 2026
- 2/152 Glebe Road, Merewether 2291 $2,850,000 sold 28 Nov 2025
- 2/391 Glebe Rd, Merewether 2291 $1,085,000 sold 25 Nov 2025
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
- 50 Railway St, Merewether 2291 $1,435,000 sold 11 Sep 2026, 395 m²
- 111 Gordon Ave, Hamilton South 2303 $2,100,000 sold 9 Sep 2026, 835 m²
- 46 Morgan St, Merewether 2291 $2,300,000 sold 25 Aug 2026, 832 m²
- 9/21 Selwyn St, Merewether 2291 $730,000 sold 25 Aug 2026
- 2 B Edward St, Merewether 2291 $2,340,000 sold 27 Jul 2026, 302 m²
- 6 William St, Merewether 2291 $1,925,000 sold 10 Jul 2026, 502 m²
- 10 Macquarie St, Merewether 2291 $1,040,000 sold 10 Jul 2026, 473 m²