OFF MARKET

1/51 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 1050m2
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Last updated 16 Dec 2024
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Property Details for 1/51 Morgan St, Merewether

1/51 Morgan St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 1050m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1981
Floor Size
84m2
Land Size
1050m2
Local Government
Newcastle
Lot/Plan
1/SP17642

Last Listing description (December 2023)

Property Highlights:
- Start your day with an ocean swim or surf and end it with a sundowner at the iconic Merewether Surfhouse, less than 5 minutes by car.
- Spacious 1975 built, two bedroom unit within just moments of the city and beach!

- Light filled living room opening out to a lovely balcony with treetop views.
- Two spacious carpeted bedrooms, both enjoying the convenience of built-in robes.
- Large kitchen with plenty of storage, 40mm benches, a freestanding Westinghouse oven + space for a dining setting.
- Dedicated single car garage and laundry room.

Outgoings:
Council Rate: $1,640 approx per annum
Water Rate: $693.54 approx. per annum
Strata Rate: $1,048 approx. per quarter
Rental Return: $550 approx. per week

With a prime location and a spacious layout, this tidy two bedroom apartment, set in the highly prized suburb of Merewether is sure to impress.

Locations do not get much better than this, with Newcastle CBD, cafes, acclaimed restaurants and parklands within easy reach, and with the pristine shores of Merewether Beach just moments away, you'll enjoy the best of city and coastal living, right on your doorstep.

Set to attract both investors, owner occupiers and first timers, this spacious home unit presents a large living room, with direct access to a lovely balcony that enjoys treetop views, providing the perfect spot for coffee in the mornings.

The light filled kitchen sits at the centre of the home, delivering plenty of storage space within the surrounding cabinetry, ample room atop the 40mm benchtops for all your food prep needs, and a freestanding Westinghouse oven with an electric cooktop, ready to whip up your gourmet creations, straight away!

Generously sized, this well designed kitchen provides space for a dining setting, offering the ideal spot to relax and connect at mealtimes.

There are two fantastic sized bedrooms on offer, both enjoying the convenience of built-in robes and carpet. These rooms are serviced by the well appointed bathroom located close by which offers a large walk-in shower, a built-in bathtub and a separate WC.

An added bonus is the dedicated single car garage included, providing off-street parking or additional storage space, should you require it, plus a laundry room.

A classic home unit of this nature, set in such an ideal location is sure to prove popular with a wide range of buyers. With a high volume of enquiries anticipated, we encourage our clients to act swiftly to secure this stellar property, today.

Why you'll love where you live;
- Location, location, location - need we say more?
- Highly prized Merewether address.
- Start your day with an ocean swim and end it with a sundowner at the iconic Merewether Surfhouse, less than 5 minutes by car.
- A short drive or a casual stroll to the cafes and retail offerings at The Junction and Darby Street.
- Just moments from Newcastle CBD, world class restaurants, cafes and all the sights of the city.

***Health & Safety Measures are in Place for Open Homes & All Private Inspections

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 1/51 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$620,000
23 Jun 2023
Listed for Rent
15 Dec 2016
  • 23 Jun 2023
    Sold for $620,000
  • 16 Jun 2023
    Listed for Sale $599,000 - $639,000
  • 05 Mar 2019
    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 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

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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.