SOLD
RECENT ADVICE
Sold on 06 Aug 2024 for $660,000

1/49 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/49 Morgan St, Merewether

1/49 Morgan St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Merewether in the last 12 months.

Building Type
Unit
Local Government
Newcastle
Lot/Plan
13/SP33151

Last Listing description (August 2024)

Delivering outstanding lifestyle benefits, this freshly schemed villa style unit in a complex of only four certainly sets the scene for the ultimate in beachside living. Free-flowing and enjoying a modernised kitchen and neat-as-a-pin bathroom, every inch of its interior exudes comfort, with its low-maintenance floorplan showcasing two bedrooms and open-style living. With smooth flow out to a patio and a rare grassed lawn plus a lock-up single garage, here is a quality base to call home or a great earner to add to your property portfolio, all within a block of Souths Leagues Club, The Prince of Wales Hotel, the Mary Ellen Hotel and Llewelyn Street shops.

* Open living/dining area smoothly connects to the alfresco area and yard
* Modern kitchen offering great prep space, plenty of storage and breakfast bar
* Both bedrooms boast a ceiling fan, the large main includes a built-in robe
* Neat and fully tiled bathroom features a walk-in shower
* Neutral colour palette makes it a breeze to add your personal style
* Lock up single garage to keep the car off the street or for bike/tool storage
* Straightforward 1100m walk, cycle or drive to Merewether beach and baths
* Close to The Beaches Hotel, Merewether Surfhouse, Blue Door Café
* Quick drive into the CBD for galleries, world-class restaurants, Civic Theatre

Council Rates: $1,840 PA approx
Water Rates: $750 + Usage PA approx
Strata Levies: $1,198 PQ approx
Rental Potential: $550 PW approx

Property History for 1/49 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$660,000
06 Aug 2024
Listed for Rent
$550/w
09 Sep 2024
  • 26 Aug 2024
    Listed for Rent $550 / week
  • 06 Aug 2024
    Sold for $660,000
  • 11 Jul 2024
    Listed for Sale $650,000 - $700,000
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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 5,777 properties. Over the last 5 years, Houses in Merewether have seen a 68.47% increase in median value, while Units have seen a 50.83% increase. As at 31 October 2024:

  • The median value for Houses in Merewether is $1,873,081 while the median value for Units is $861,605.
  • Houses have a median rent of $795 while Units have a median rent of $580.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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Contact agent
John Kerr
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DALTON PARTNERS - The Junction
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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.