OFF MARKET

1/11 Ridge Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 1/11 Ridge St, Merewether

1/11 Ridge St, Merewether is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995.

Building Type
Unit
Year Built
1995
Local Government
Newcastle

Last Listing description (March 2020)

This fully furnished, self-contained one-bedroom apartment is available on a short-term tenancy and is located 250 metres from Merewether Beach and Surfhouse.

Property Features


- Short term lease only
- All utilities and Wi-Fi are included in rent
- Air-conditioned studio-style living space
- King-sized bed with luxury linen
- Well-equipped kitchen with cutlery and crockery supplied
- Two bathrooms with linen supplied
- Second living space or second bedroom
- Shared access to 17 metre pool and outdoor dining area
- Front deck
- Garage space
- Sorry, no pets. (CF)

Property History for 1/11 Ridge St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Listed for Rent
$650/w
23 Mar 2020
  • 19 Feb 2020
    Listed for Rent $650 / week
  • 30 Apr 2019
    Listed for Rent $600 / week

Commute Calculator

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 19 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.

Suburb Insights for Merewether 2291

Market Insights
Merewether Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Merewether Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.