608/5 Merewether Street, Newcastle NSW 2300

1 beds 1 baths 1 cars

Spachus Insights

View Newcastle market
Price position Below suburb median

22.6% below the current suburb median listing price.

Buyer negotiation signal Buyer negotiation

The suburb median sold price is $42,500 below the median listing price.

Selling pace Sold within typical time

41 days typical · Sold in 33 days (20% faster).

Property details

Put simply, invest where the harbour meets the city

Set on level six of The Crossing, right where Newcastle''s harbour and city meet, this stylish one-bedroom apartment is already earning its keep. Currently leased through an Airbnb management company until next year and returning approximately $70,000 per year, it''s a ready-made investment in a location that works equally well for business travellers and weekend visitors. Step outside and you''re footsteps from Honeysuckle''s dining scene, Civic Square and sunset drinks at Crystalbrook Kingsley, with Newcastle''s beaches close enough for a morning swim.
1Bedrooms 1Bathrooms 1Car spaces ApartmentProperty type

Newcastle market

Full suburb report
Median listing$995,000
Median sold$952,500
Typical selling time41 days
Tracked sold properties94
Explore properties on the map

Property Overview

608/5 Merewether Street, Newcastle NSW 2300 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. The property sold for $755,000 on 14 September 2026 by private treaty after 33 days on the market. In Newcastle, the median listing price is $995,000 and the median sold price is $952,500. This sale was $197,500 (20.7%) below the Newcastle median sold price. Properties in Newcastle typically sell in around 41 days based on Spachus tracked sales data. It sold 8 days faster than the Newcastle typical selling time.

Explore the Newcastle Property Market
✦

Ask 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?
Ask Spachus AI