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Back 1/15 Frederick St
Off Market

1/15 Frederick St

Merewether NSW 2291

1
1
1
0 m²
Unit
Last sold for $650,000
Lyndall AllanLyndall Allan, last sold this property on 14 April 2026 after -2 days on market.

Overview

Whole block of 4 units, cracking beachside location

In Merewether, it always comes back to location, and this is an investment that keeps paying you back. Just moments from a choice of beautiful beaches and The Junction precincts schools, shopping and dining, 15 Frederick Street brings together four individually strata-titled apartments in a position that's consistently in demand with tenants. The configuration is simple and effective: one one-bedroom and three two-bedroom apartments, each with its own car space. Three are currently leased, with the fourth vacant, returning a combined approximate $118,040 per annum when fully let. It's a reliable income stream from day one, underpinned by a location that rarely struggles for occupancy. All apartments are neat, functional, and easy to rent as is, while still offering scope to enhance over time and lift returns. The individual strata titles add another layer of flexibility, giving investors the option to hold and benefit from long-term growth, or sell down strategically in the future. For tenants, it's an easy choice. The beach is close enough for a morning swim, Darby Street and The Junction cover dining and daily essentials, and the CBD is just minutes away. It's the kind of setting that keeps vacancy low and demand steady, making this a smart, long-game investment in one of Newcastle's most popular coastal suburbs. - 1/15 Frederick St - (1 bed, 1 bath, 1 car) - 2/15 Frederick St – (2 bed, 1 bath, 1 car) - 3/15 Frederick St - (2 bed, 1 bath, 1 car) - 4/15 Frederick St - (3 bed, 1 bath, 1 car - 2x storey) Vacant - The Junction Public – 300m, St Joseph's – 700m, Holy Family Primary – 1km - Lingard Private Hospital - 450m - Newcastle Interchange – 4km, University of Newcastle – 10.2km Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
0 m² floor area
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Merewether over the last 12 months, the estimated median property value of 1/15 Frederick St is $640k.

Median value
$640k
Estimated value range
$555k - $720k
Median days on market
18
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Merewether. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/15 Frederick St

2026
Sold
$650,000
14 Apr 2026 by Lyndall Allan, of Salt Property Newcastle
2024
Rented
Undisclosed
Leased on 05 May 2024 by Leah Jay Newcastle
2022
Rented
Undisclosed
Leased on 18 Apr 2022 by Leah Jay Newcastle

Happy sellers in Merewether

81%
81% of sellers in Merewether reported that their sale price either exceeded or met their price expectations.

Merewether stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 89 reviews in Merewether over the last 12 months.

Local market activity for 1 bedroom units in Merewether

In the last 12 months, 6 one-bedroom units similar to 1/15 Frederick St, have been sold.

This represents a 13% increase in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Merewether

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Lyndall Allan

Sellers who recommend Lyndall Allan have praised them for being clear communication, local expert, honest, supportive, responsive, friendly and well-prepared

  •   5   (494 reviews)
  •  58 Reviews in Merewether
  •  46 Sales in Merewether
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Michael Flook

Sellers who recommend Michael Flook have praised them for being local expert, clear communication, reliable, responsive, supportive, honest and friendly

  •   4.9   (549 reviews)
  •  22 Reviews in Merewether
  •  20 Sales in Merewether
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Tony Reville

Sellers who recommend Tony Reville have praised them for being clear communication, local expert, supportive, reliable, responsive, honest and great negotiation

  •   4.9   (290 reviews)
  •  9 Reviews in Merewether
  •  4 Sales in Merewether
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Tahnee Burke

Tahnee Burke is a recommended agent for Merewether.  They have collected 4 local reviews across the last 12 months.

  •   5   (36 reviews)
  •  4 Reviews in Merewether
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