1/5 Merewether StreetMerewether NSW 2291
Property Details for 1/5 Merewether St, Merewether
1/5 Merewether St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 1011m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Last Listing description (February 2018)
If you are looking for an affordable first home or a solid investment then look no further. This two bedroom apartment offers an easy-care low maintenance lifestyle just a stroll from Merewether Beach and The Junction's vibrant cafes, restaurants and boutiques.
* First floor apartment in well maintained complex.
* Bright interiors dressed in fresh neutral tones.
* Generous sized bedrooms, main with balcony.
* Well kept original kitchen and bathroom.
* Lock up garaging for one vehicle plus laundry.
* Affordable buying so close to beach and The Junction.
Council Rates: $TBA PA approx.
Water Rates: $596 +Usage PA approx.
Strata Levies: $661.50 PQ approx.
Rental Potential: $360 PW approx.
Property History for 1/5 Merewether St, Merewether, NSW 2291
- 18 Jan 2018Sold for $550,000
- 15 Dec 2017Listed for Sale $500,000 - $550,000
- 10 Oct 2017Sold
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0About 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 5,872 properties. Over the last 5 years, Houses in Merewether have seen a 69.02% increase in median value, while Units have seen a 46.67% increase. As at 31 August 2024:
- The median value for Houses in Merewether is $1,874,869 while the median value for Units is $846,644.
- Houses have a median rent of $850 while Units have a median rent of $575.
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