SOLD
RECENT ADVICE
Sold on 22 Nov 2024 for $600,000

1/81 Mitchell Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1/81 Mitchell St, Merewether

1/81 Mitchell St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Merewether in the last 12 months.

Building Type
Unit

Last Listing description (November 2024)

A superb first step into a premium suburb, this fully renovated one-bedder offers a lifestyle of coastal and city convenience in ultra-stylish surroundings. Positioned on the second floor of a small complex, coming home to this city refuge is pure joy. Flaunting timber floors, plantation shutters and neutral hues, the interior features an open plan design highlighted by a modern kitchen and bathroom and a quiet bedroom offering a secluded space. A lockup single garage is an unexpected bonus. Representing a tremendous opportunity within walking distance of Merewether Beach, this apartment will win the hearts of first-time buyers and offers lock-and-leave convenience as the ultimate weekender or investment.

* Spacious second floor apartment with a lock-up single garage
* Renovated throughout and grounded by polished timber floorboards

* Open plan with the kitchen, dining area and living room all connected
* Full-sized kitchen offering plenty of cupboard space and a dishwasher
* Queen-sized bedroom featuring a built-in robe, fan and plantation shutters
* Stylish bathroom combines with the laundry facilities
* Metres from popular Convoy Commune for your daily coffee fix
* A short stroll from corner pubs and The Junction's vibrant shopping precinct

Council Rates: $2,016 PA approx
Water Rates: $775 + Usage PA approx
Strata Levies: $985 PQ approx
Rental Potential: $480 - $500 PW approx

Property History for 1/81 Mitchell St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$600,000
22 Nov 2024
Listed for Rent
$265/w
14 Mar 2014
  • 22 Nov 2024
    Sold for $600,000
  • 23 Oct 2024
    Listed for Sale FOR SALE $590,000 - $620,000
  • 19 Feb 2014
    Listed for Rent $265 / 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 22 properties listed for sale, and 3 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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Andrew McGavin
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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.