OFF MARKET

1/54 Railway Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 977m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low

High
Save

Property Details for 1/54 Railway St, Merewether

1/54 Railway St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 977m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1980
Floor Size
54m2
Land Size
977m2
Local Government
Newcastle
Lot/Plan
1/SP16156

Last Listing description (January 2019)

Beautifully presented and bathed in sunlight via its north-easterly aspect, this apartment brims with possibility for first home or investor buyers. Focused on easy living, it displays an updated kitchen, open living room with modern in/outdoor flow with 2 sunny open-air balconies, and the two robed bedrooms are serviced by the neat bathroom. Found in this central location, boasting a single garage and laundry, all within a comfortable stroll of The Junctions cosmopolitan shopping village, this is an appealing property with all the foundations in place for a superior coastal lifestyle.
- Superb lifestyle location, close to all the action of The Junction and Merewether
- Living room flooded with natural light and extends to a sunny balcony

- Stylish kitchen with electric cooking and modern appliances
- Two bedrooms, both robed and generous in size
- Large windows throughout taking in the north-eastern sunlight
- Airy bathroom has been well-maintained and features shower and bath tub
- Easy off street parking leading to a secure single garage, with extra laundry space/storage
- Currently leased for $350 per week
- Council Rates are approx $1300pa
- Water Rates are approx $652.97pa
- Strata Rates are approx $2400pa
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/54 Railway St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$450,000
09 Nov 2018
Listed for Rent
$350/w
24 Oct 2017
  • 09 Nov 2018
    Sold for $450,000
  • 21 Sep 2018
    Listed for Sale $470,000 - $510,000
  • 13 Oct 2017
    Listed for Rent - Price not available
Sign in to see more transactions

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 5,779 properties. Over the last 5 years, Houses in Merewether have seen a 65.50% increase in median value, while Units have seen a 48.88% increase. As at 30 September 2024:

  • The median value for Houses in Merewether is $1,875,478 while the median value for Units is $859,119.
  • Houses have a median rent of $800 while Units have a median rent of $575.
There are currently 24 properties listed for sale, and 9 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 243 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.