5/15 Mary St

Off Market

5/15 Mary St

Merewether NSW 2291

60 m²

Apartment

Last sold for $820,000

Michael Arnold, last sold this property on 01 October 2026 after 31 days on market.

Overview

Affordable Merewether Living in a Convenient Location

Could you picture yourself living in the highly sought-after suburb of Merewether? Offering a fantastic opportunity for first home buyers, downsizers or savvy investors, this well-presented two-bedroom unit combines low-maintenance living with a lifestyle that puts some of Newcastle’s best attractions within easy reach. Enjoy early morning swims, a surf at Merewether Beach or a scenic walk through Glenrock State Conservation Area. The Junction is also just 1.5km away, with a great selection of cafés, restaurants, pubs and everyday amenities, meaning you can leave the car at home and enjoy everything this fantastic location has to offer. For investors, the property is currently rented out returning $645 per week, providing an attractive opportunity to secure a set-and-forget investment in a tightly held suburb. Inside, the unit has been thoughtfully updated with a renovated kitchen and bathroom, modern hybrid timber flooring and fresh paint throughout. Both bedrooms feature double mirrored built-in wardrobes, while the kitchen offers plenty of storage, stone benchtops, a gas cooktop and dishwasher. One of the standout features is the private grassed courtyard, providing your own outdoor space for entertaining, relaxing or even creating a small vegetable garden. The single lock-up garage also offers convenient street access with remote-controlled entry. Key Features • Two bedrooms, both with double mirrored built-in wardrobes • Renovated kitchen with stone benchtops, gas cooking and dishwasher • Modern updated bathroom • Modern hybrid timber flooring throughout the living areas • Freshly painted throughout • Private grassed courtyard • Single lock-up garage with remote-controlled access • Split-system air conditioning in the lounge room • Updated downlights throughout • Currently leased until March 2027 at $645 per week • Ideal opportunity for first home buyers or investors • Convenient Merewether location close to beaches, cafés, restaurants and The Junction An excellent opportunity to secure an affordable foothold in one of Newcastle’s most desirable suburbs, offering both lifestyle appeal and strong investment potential Strata rates approx $1,040 p/q Council rates approx $495 p/q Water rates approx $260 p/q Disclaimer: We have obtained all information from sources we believe to be reliable; however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

60 m² floor area

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Merewether over the last 12 months, the estimated median property value of 5/15 Mary St is $875k.

Median value

$875k

Estimated value range

$730k - $1.94m

Median days on market

Estimated value trend

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 5/15 Mary St

2026

Sold

$820,000

01 Oct 2026 by Michael Arnold, of Arnold Property

2026

Rented

Undisclosed

Leased on 23 Mar 2026 by Arnold Property

Happy sellers in Merewether

83%

83% 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 68 reviews in Merewether over the last 12 months.

Local market activity for 2 bedroom apartments in Merewether

In the last 12 months, 15 two-bedroom apartments similar to 5/15 Mary St, have been sold.

This represents a 6% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Merewether for a free market appraisal.

Lyndall Allan

at Salt Property Newcastle

(525 reviews)

Get a free market appraisal

Michael Flook

at Robinson Property

4.9

(563 reviews)

Get a free market appraisal

Tony Reville

at Robinson Property

4.9

(294 reviews)

Get a free market appraisal

Belinda Bartholomew-Walsh

at Harcourts Newcastle

(27 reviews)

Get a free market appraisal

Nearby agents

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

Lyndall Allan

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

5 (525 reviews)
41 Reviews in Merewether
50 Sales in Merewether

View profile

Michael Flook

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

4.9 (563 reviews)
19 Reviews in Merewether
16 Sales in Merewether

View profile

Tony Reville

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