SOLD
Sold on 11 Mar 2024 for $785,000

15/50 Patrick Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 1532m2
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Property Details for 15/50 Patrick St, Merewether

15/50 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 88m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Merewether in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
88m2
Land Size
1532m2
Local Government
Newcastle
Lot/Plan
15/SP7062

Last Listing description (April 2024)

Positioned in one of Merewether's most desired beachside pockets, this beautifully presented two-bedroom top-floor apartment will pull on your heart strings and have you skipping barefoot to the beach. Set to the rear of the boutique complex, north facing and just 500 metres walk from the beach and The Junction village, life doesn't get much better.

With its top floor position and being privately located at the back of the other units this particular sun kissed renovated apartment is the premium of the block. A modern open plan design allows for a cool breeze, entertaining and comfort. The large galley kitchen has been cleverly updated with an 'old skool' servery window out to the living space and the clean timber floors have been carried throughout the entire apartment for continuity and warmth. Large glass sliding doors will take you seamlessly from indoor to out, to enjoy your private covered full-length spanning balcony. Both bedrooms embrace ample natural light, boast the comfort of ceiling fans and the master is fitted with a built-in wardrobe. Your new beach home also comes with a single car lock-up garage.

This elevated beachside apartment is ideal for professional single couples that love the sound of the ocean and a morning coffee, you can literally smell the coffee brewing from your neighbours at the trendy Akuna Cafe. This premium apartment allows you an opportunity to get into a prestigious location with the beach, parks, top-tier schools, shops, restaurants, and ocean front bars all within walking distance.

- Top floor position - renovated beachside two-bedroom apartment
- Premium position of the boutique complex, set at the rear, top floor and north facing
- Timber floors throughout
- Open plan layout
- Both bedrooms are light filled and fitted with ceiling fans, master has built-ins
- Large galley kitchen with an 'old skool' servery window
- Large balcony spanning the full length of the apartment
- Single car lock-up garage
- 500 metre walk to the beach and The Junction village
- The Junction Public School 0.21kms, Newcastle High School 0.99kms,
- Newcastle Grammar Park School Campus 0.63kms

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

Property History for 15/50 Patrick St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$785,000
11 Mar 2024
Listed for Rent
$620/w
23 May 2023
  • 11 Mar 2024
    Sold for $785,000
  • 27 Feb 2024
    Listed for Sale $795,000
  • 16 May 2023
    Listed for Rent $620 / week
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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 5,770 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 30 properties listed for sale, and 14 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Merewether.

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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.