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There was hot demand for this beachfront home in Newcastle. Photo: PRD Nationwide

Beachfront house sets new record in Newcastle

A modern beachfront house has set a new record for residential property in Newcastle, selling for $7.25 million prior to going to auction.

The four-bedroom house, located at 38 John Parade in Merewether

, was highly sought-after during a public marketing campaign, with 17 inspections booked for the …