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Sold on 14 Jun 2024 for $570,000

10/87 Mitchell Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 10/87 Mitchell St, Merewether

10/87 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 June 2024. There are other 1 bedroom Unit sold in Merewether in the last 12 months.

Building Type
Unit
Local Government
Newcastle
Lot/Plan
10/SP17864

Last Listing description (June 2024)

Discover the ideal Merewether entry for first-time buyers and investors alike with this stylishly renovated gem in a highly coveted beachside location. This meticulously crafted one-bedroom residence has been finished to perfection, boasting a crisp coastal aesthetic with plantation shutters and elegant timber floors. Step inside to an open plan design bathed in natural light, thanks to its perfect north-east aspect. Enjoy sleek and contemporary kitchen and bathroom spaces that add both function and ease to your daily routine. The convenience of a covered car space is included, though you may find yourself preferring the leisurely barefoot jog down to the sand and surf. Become a regular at Convoy Commune for your morning coffee, before enjoying ocean swims, and bike rides into the city. With everything you need just moments from your doorstep, this home offers the perfect blend of style, convenience, and coastal living.

- Ground floor setting in boutique low rise complex of just 11
- Bright open plan living with timber floors and crisp décor

- Modern kitchen appointed with electric hob and oven plus dishwasher
- Fully tiled bathroom with frameless glass shower and floating timber vanity
- Airy bedroom with built-in robe and ceiling fan
- Covered car space
- 650m to Merewether Beach, and seaside cafes and bars
- 400m to Llewellyn Street IGA and cafes, 1km to The Junction

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

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Property History for 10/87 Mitchell St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$570,000
14 Jun 2024
Listed for Rent
$230/w
24 Jun 2016
  • 14 Jun 2024
    Sold for $570,000
  • 12 Jun 2024
    Listed for Sale Contact Agent
  • 29 Sep 2023
    Sold for $500,000
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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 5,770 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 30 properties listed for sale, and 14 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Merewether.

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