12/50 Patrick StreetMerewether NSW 2291
Property Details for 12/50 Patrick St, Merewether
12/50 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 January 2022.
Last Listing description (December 2015)
How would you like to live just 600m approx. from the glorious golden sands of Bar Beach? This summer you could literally walk in your swimmers and thongs to the beach faster than you could drive and park the car.
This spacious 2 bedroom top floor unit has a lovely long balcony along the North East side offering plenty of natural light and a lovely sunny space for the morning cuppa.
The current owner has not has a vacancy period in over a decade and Merewether has had consistently strong capital growth making this a fantastic investment opportunity.
It may be more than a decade before you get another chance to buy here and can you imagine the prices then! Call Kathie Bowtell now to book your inspection on 0402411317.
(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 12/50 Patrick St, Merewether, NSW 2291
- 21 Jan 2022Sold for $640,000
- 08 Dec 2021Sold
- 27 Oct 2015Sold for $425,000
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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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