OFF MARKET

1/28 Railway Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1626m2
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Property Details for 1/28 Railway St, Merewether

1/28 Railway St, Merewether is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1626m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
1970
Land Size
1626m2
Local Government
Newcastle
Lot/Plan
1/SP17965

Last Listing description (December 2022)

Compact and convenient, this ground floor apartment is an ideal coastal base positioned in the regions favourite beachside suburb of Merewether. With a relaxed floorplan that maximises its space plus sheltered terrace and nicely offset large bedroom, it stands as a lovely haven in a hugely popular precinct. A sleek modern kitchen is a major highlight with the bedroom offering a serene space, nicely separated from a generously sized living area.

* Ground floor one bedroom apartment no steps, close to all amenities.
* Good sized living room opens to the sunny, sheltered terrace.

* Separate master bedroom with built ins - genuinely double sized.
* Contemporary gas kitchen featuring stainless steel oven and dishwasher.
* Well kept original bathroom with tap fittings for a washing machine.
* Security windows and doors, neutral decor throughout. New carpets and freshly painted.
* The perfect beach base in a buzzing area with easy CBD access.
* Ideal as an investment for a perceptive buyer or owner occupier option.

Council Rates: $1,400 PA approx
Strata Levies: $2,991 PA approx
Water Rates: $894 + Usage PA approx
Rental Potential: $320 PW approx

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Property History for 1/28 Railway St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$365,000
20 Dec 2019
Listed for Rent
$165/w
18 Oct 2008
  • 20 Dec 2019
    Sold for $365,000
  • 02 Oct 2019
    Listed for Sale For Sale $365,000
  • 30 Nov 2018
    Sold
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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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