FOR SALE
For Sale $675,000

7/5 Merewether Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Beach life and café convenience go hand-in-hand in this lifestyle apartment, positioned just footsteps from Lingard Hospital to create a great short-term rental property for buyers with a sound investment opportunity on their mind. A blank canvas ready to enjoy or offering scope for transformation, inside its easy-care layout you'll find two bedrooms and an L-shaped living and dining area with smooth extension into a glass-framed sunroom where a leafy green outlook awaits. A garage and laundry are also included, however, you can leave the car at home and walk to this suburb's ever-growing line-up of trendy cafes, its popular corner pubs and of course, its iconic surf beach. Representing an exceptional living experience, 7/5 Merewether Street, Merewether is certain to catch to eye of a young couple entering the market or an investor keen on obtaining a lock-and-leave property within a suburb that always holds value.
* Relaxed coastal apartment with a dedicated single garage and private laundry
* Open flow social areas include a carpeted living room, dining area and sunroom
* The sunroom is enclosed for year-round use and holds a prime north-facing position
* Neat electric-equipped kitchen and a tidy bathroom with a shower-over-the-bath
* Quietly-set bedrooms with the larger main including a built-in wardrobe
* Start your day by stretching your legs and walking to the beach for a dip
* Wander into The Junction for shopping or stay local for a long list of popular pubs
* Strolling distance to your morning coffee or bakery for some still-warm bread
Council Rates: $1,795 PA approx
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Property Details for 7/5 Merewether St, Merewether

7/5 Merewether St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with DALTON PARTNERS - The Junction.

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About Merewether 2291

The size of Merewether is approximately 6.4 square kilometres. It has 19 parks covering nearly 49.5% of total area. The population of Merewether in 2011 was 10,468 people. By 2016 the population was 10,971 showing a population growth of 4.8% in the area during that time. The predominant age group in Merewether is 20-29 years. Households in Merewether are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merewether work in a professional occupation. In 2011, 63.1% of the homes in Merewether were owner-occupied compared with 63.3% in 2016.

Merewether has 5,876 properties. Over the last 5 years, Houses in Merewether have seen a 67.87% increase in median value, while Units have seen a 48.07% increase. As at 30 November 2024:

  • The median value for Houses in Merewether is $1,900,031 while the median value for Units is $860,534.
  • Houses have a median rent of $788 while Units have a median rent of $580.
There are currently 20 properties listed for sale, and 4 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Merewether.

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John Kerr
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DALTON PARTNERS - The Junction
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