OFF MARKET

1/61 Railway Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 16 Dec 2024
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Property Details for 1/61 Railway St, Merewether

1/61 Railway St, Merewether is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Newcastle

Last Listing description (February 2024)

Light filled unit offering exceptional convenience and lifestyle appeal in a sought after suburb of Newcastle just 700m from the The Junction and a 5-minute drive to Merewether.

* Spacious air conditioned lounge and dining areas
* Open plan kitchen with electric cooking

* Two bedrooms with built in robes, master with air conditioning
* Modern bathroom with bath
* European style laundry
* Handy location close to shops and transport
* Water usage included
* No off street parking
* Pets not permitted

* Villager Property make no representations to the accuracy of the information provided by our landlords. Interested parties should conduct their own due diligence in relation to each property they are considering leasing. All photographs, maps and images are representative only, for marketing purposes.

Property History for 1/61 Railway St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Listed for Rent
$480/w
02 Feb 2023
  • 25 Jan 2024
    Listed for Rent $500 / week
  • 16 Jan 2023
    Listed for Rent $480 / week
  • 15 Jul 2021
    Listed for Rent $450 / week

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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.