SOLD
Sold on 30 Apr 2024 for $1,600,000

125 Janet Street
Merewether NSW 2291

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 632m2
Sold By
Michael Flook
Robinson Property
Save

Property Details for 125 Janet St, Merewether

125 Janet St, Merewether is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 632m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Merewether in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
115m2
Land Size
632m2
Local Government
Newcastle
Lot/Plan
97/DP1081698

Last Listing description (June 2024)

Absolutely brimming with potential, this three-bedroom home offers an outstanding opportunity for homebuyers or investors looking to renovate or rebuild in this highly sought-after setting.

Situated on a generous block featuring a sunny northerly aspect, the property makes the most of its elevated position to deliver stunning views over the surrounds. Laid out over an effortless single level, the home as is, features a lovely flow through its layout, where abundant natural light and high ceilings enhance the sense of space. At one side, a charming alfresco catches cooling breezes alongside a leafy, elevated outlook. Meanwhile, flow-through living reveals a large lounge room, dining room and sunroom, where a wall of windows frame that spectacular panorama. Featuring gas cooking, the kitchen sits neatly off to one side, while three well-proportioned bedrooms and a bathroom group together at the front of the home. Under the property, expansive patio seating and storage connects to a double carport, framed by a neat grassy yard.

Peacefully positioned, the property is just over 1km back from Merewether Beach, making this a wonderful find for those who love to get out on the water. A dazzling range of dining options are moments away in The Junction and Darby Street, while central Newcastle's many attractions are just five minutes away by car.

- Ideal duplex site with provision for discharge of storm water to Morgan Street
- Fantastic potential for renovation or development in a highly desirable coastal setting
- Elevated position provides sweeping views, while catching plenty of sun thanks to its northerly aspect
- High ceilings and natural light enhance interior, where versatile living space makes the most of that view
- Alfresco adjoins lounge, dining and sunroom, with tidy kitchen feat. gas stovetop and modern appliances
- Three good-sized robed bedrooms, inc. master with adjoining study, serviced by bathroom with separate WC
- Laundry and storeroom under house, connected to two separate alfresco spaces
- Close to Merewether Beach and Glenrock Reserve, 2.5km to Newcastle CBD

Property History for 125 Janet St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,600,000
30 Apr 2024
  • 30 Apr 2024
    Sold for $1,600,000
  • 01 Mar 2024
    Listed for Sale Price Guide $1,800,000
  • 27 Jan 2024
    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 5,766 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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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.