OFF MARKET

11 Hill Street
Merewether NSW 2291

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 686m2
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Property Details for 11 Hill St, Merewether

11 Hill St, Merewether is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 686m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1960
Land Size
686m2
Local Government
Newcastle
Lot/Plan
1/DP530096

Last Listing description (December 2022)

Stunning views of the city, harbour and ocean, a 10-minute stroll to the beach, and DA approved plans to knock down and build two luxury freestanding homes what a trifecta! Whether you want to live in one home and sell the other or double your investment with the build and sale of both residences, this is a blue-chip real estate prospect simply bring your builder and let your property dreams begin. Once built, these two dual level homes will offer two separate living areas and four-bedroom, two-bathroom accommodation along with a double garage, deck and swimming pool. Currently on the 687sqm site with dual frontage to Curry Street is an older style six-bedroom, four-bathroom home generating an income with a tenant on lease. There's an incredible lifestyle on offer here too with Merewether Ocean baths, seaside bars and cafes, stunning coastal walks and local neighbourhood shops all on the doorstep.

- 687sqm corner block with second frontage to Curry Street and good access for construction
- Each of the two new homes has the main living area and master bedroom on the upper level to take advantage of the city and ocean views

- Three kids' bedrooms, main bathroom and rumpus on ground floor
- Brilliant for entertaining with a deck and pool
- Lifestyle location with surf breaks, swimming, dining and coastal walks all close by
- 650m to Llewellyn Street IGA, cafes, bottle shop, doctors, chemist and childcare
- Currently leased, providing an income while you finalize building plans
- A dream scenario for developers, builders or those looking to split building costs with family or friends

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

Property History for 11 Hill St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$2,200,000
11 Nov 2020
  • 11 Nov 2020
    Sold for $2,200,000
  • 16 Oct 2020
    Listed for Sale $2,200,000
  • 21 May 2020
    Sold
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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.