Back 4/15 Frederick Street
Off Market

4/15 Frederick Street

Merewether NSW 2291

3
1
1
0 m²
Unit
Last sold for $850,000
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

3 bedrooms
1 bathroom
1 carspace
1 carport space
0 m² floor area
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Merewether over the last 12 months, the estimated median property value of 4/15 Frederick Street is $1.02m.

Median value
$1.02m
Estimated value range
$850k - $1.9m
Median days on market
29
Estimated value trend
0%
decrease 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 4/15 Frederick Street

2026
Sold
$850,000
14 Apr 2026 by Lyndall Allan, of Salt Property Newcastle
2026
Rented
Undisclosed
Leased on 13 Apr 2026 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 3 bedroom units in Merewether

In the last 12 months, 4 three-bedroom units similar to 4/15 Frederick Street, have been sold.

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