Buying property in Newcastle can feel overwhelming, especially in a suburb like Merewether, where demand is high and the pace is fast. But when you know the market—and how to read between the lines—you can uncover real opportunities.
In this case study, I want to share how we helped a client secure a property in Merewether and saved them big $$$ off the asking price. No tricks. Just strategy, local knowledge, and timing.
The Brief
Our client was relocating from Sydney and wanted to buy in Newcastle’s coastal belt—ideally somewhere walkable to the beach but still quiet enough for family life. Merewether ticked all the boxes: established homes, excellent schools, and easy access to the beach and cafes.
Their budget was around $1.9 million, but they didn’t want to overpay just to secure something quickly.
The Property
We found a freestanding three-bedroom home in a great pocket of Merewether. It had recently come off a failed campaign—overpriced and poorly marketed. The photos didn’t do it justice, and the agent had shifted from auction to private treaty.
To most buyers browsing online, it looked like a stale listing. To us, it was an opportunity.
The Strategy
We carried out a full appraisal using local comparable sales (not just online estimates). We knew the vendor’s expectations were high but fading.
We arranged a private inspection, confirmed there were no other offers, and submitted a clean, fair offer backed by comparable evidence.
By avoiding a bidding war, we were able to negotiate a large $ reduction from the initial price guide. The buyer was thrilled—and the vendor, keen to move on, accepted.
The Outcome
The buyer secured a property they loved, in the suburb they’d dreamed of, without pushing their budget to the limit. The property has already grown in value since settlement.
Final Thoughts
You don’t always need to be the highest bidder—you just need to be the best prepared.
As a buyers agent in Newcastle with over 20 years of local experience, I help clients read the market, avoid emotional decisions, and buy with confidence.
If you’re thinking about buying in Merewether or anywhere across Newcastle, I’d be happy to chat.
👉 Visit selectpropertyfinder.com.au to learn more or book a free call.