SOLD
Sold on 07 Jun 2024 for $560,000

10/122-124 Morgan Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 1026m2
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Property Details for 10/122-124 Morgan St, Merewether

10/122-124 Morgan St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1026m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Merewether in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
46m2
Land Size
1026m2
Local Government
Newcastle
Lot/Plan
10/SP20019

Last Listing description (August 2024)

This fully renovated apartment offers a coastal and city convenience lifestyle in ultra-stylish surroundings.
Flaunting floating timber floors, air-conditioned open plan design highlighted by a modern stone-topped kitchen, a fresh bathroom, and a sunny balcony with a garden view.
Walking distance to Merewether Beach, baths, with ample transport to the Newcastle CBD and surrounds.

* Modern kitchen
* Open plan living
* Sizable bedroom featuring a built-in robe
* Cooling ceiling fan
* Lock-up single garage

Property History for 10/122-124 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$560,000
07 Jun 2024
  • 22 Jul 2024
    Listed for Rent $540 / week
  • 07 Jun 2024
    Sold for $560,000
  • 29 May 2024
    Listed for Sale $560,000
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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 5,766 properties. Over the last 5 years, Houses in Merewether have seen a 68.47% increase in median value, while Units have seen a 50.83% increase. As at 31 October 2024:

  • The median value for Houses in Merewether is $1,873,081 while the median value for Units is $861,605.
  • Houses have a median rent of $795 while Units have a median rent of $580.
There are currently 28 properties listed for sale, and 13 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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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.