11/50 Patrick StreetMerewether NSW 2291
Property Details for 11/50 Patrick St, Merewether
11/50 Patrick St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 1532m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Last Listing description (March 2022)
With its prized Merewether address and superb investment or first home credentials, this apartment embodies lifestyle excellence in one of the city's favourite coastal locations.
Set on the first-floor of a well-kept complex, it features two bedrooms, a combined bathroom/laundry, modernised kitchen and welcoming living zone with seamless balcony transition. Secure garaging for one car compliments an ultra-central position of superb convenience within an easy walk of cafes, The Junction's shopping hub, Merewether beach and baths.
* Neat, tidy and inviting design dressed in warm, neutral colours.
* Two peaceful bedrooms, master featuring built in robes.
* Original, exceptionally well-maintained bathroom, separate wc.
* Open living/dining with flowing access to a sunny balcony.
* Dynamic address moments to shops, transport, beaches and baths.
Council Rates: $1,104 PA approx
Water Rates: $630 + Usage PA approx
Strata Levies: $970 PQ approx
Rent Potential: $420 - $440 PW approx
Property History for 11/50 Patrick St, Merewether, NSW 2291
- 22 Mar 2019Sold for $495,000
- 25 Feb 2019Sold
- 30 Jan 2019Listed for Sale For Sale $499,000
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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 5,876 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.
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