OFF MARKET

132 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 645m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 132 Morgan St, Merewether

132 Morgan St, Merewether is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 645m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Land Size
645m2
Local Government
Newcastle
Lot/Plan
6/DP17638

Last Listing description (December 2022)

Taking pride of place in one of Merewether's most central streets, this freestanding residence makes a prime candidate for a creative makeover, full renovation or complete rebuild. Tightly held by the current owner since 1956, it is now on the market and presented in largely original condition, offering a rare opportunity for buyers to acquire a classic home in a sought after coastal setting. Occupying an impressive 645m2 approx landholding, it delivers plenty of space to construct a contemporary new home or potential dual occupancy moments from all the action of The Junction, iconic beaches and a host of buzzing cafes, pubs and restaurants.

* Original home in coastal location offering excellent value, loads of potential.
* Positioned on a 645m2 approx. block with 13m x 50m dimensions approx.

* Solidly built and immaculately kept, interiors are just a little dated.
* Renovate or knock down and rebuild your dream home.
* Two bedrooms, two bathrooms, two living rooms and separate dining area.
* Great yard, fully fenced and featuring a lock up single garage.
* Two blocks from Merewether village, public school, trendy cafes and pubs.
* Less than 2km to Merewether beach, baths, SLSC and heart of The Junction.

Council Rates: $3,037 PA approx
Water Rates: $682 + Usage PA approx
Rental Potential: $450 PW approx

Property History for 132 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$836,500
20 Nov 2019
  • 20 Nov 2019
    Sold for $836,500
  • 09 Oct 2019
    Listed for Sale For Sale $800,000 - $850,000

Commute Calculator

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

Market Insights
Merewether Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Merewether Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.