1/28 Railway Street, Merewether NSW 2291
1 beds
1 baths
0 cars
Spachus Insights
View Merewether market
Price position
Below suburb median
65.1% below the current suburb median listing price.
Buyer negotiation signal
Competitive conditions
The suburb median sold price is $85,000 above the median listing price.
Selling pace
Slower than typical
34 days typical · Property listed 80 days (135% longer).
Property details
Dive straight into the Merewether lifestyle
Whether you''re buying your first home, investing or looking for an affordable foothold in one of Newcastle''s most desirable beachside suburbs, this ground-floor apartment is hard to overlook. One of just 12 in a well-maintained complex, it combines comfortable interiors with a terrace overlooking the garden, creating a pleasant spot to enjoy your morning coffee or unwind at the end of the day, all while placing the best of Merewether and The Junction within easy reach.
1Bedrooms
1Bathrooms
0Car spaces
ApartmentProperty type
Merewether market
Full suburb reportMedian listing$1,575,000
Median sold$1,660,000
Typical selling time34 days
Tracked sold properties78
Spachus Property Estimate
$640,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$90,000
14.1% below the Spachus estimate
Property Overview
1/28 Railway Street, Merewether NSW 2291 is an apartment. It has 1 bedroom, 1 bathroom. It is currently listed at $550,000. It has been on the market for 80 days. In Merewether, the median listing price is $1,575,000 and the median sold price is $1,660,000. Its current asking price is $1,025,000 (65.1%) below the Merewether median listing price. Properties in Merewether typically sell in around 34 days based on Spachus tracked sales data. It has currently been on the market 46 days longer than the Merewether typical selling time.
Explore the Merewether Property MarketAsk Spachus AI
Get instant insights about this property, the suburb or the market.
Is this a good price?How does this compare?What is the market doing?
