OFF MARKET

16 Pell Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 251m2
Land area: 299m2
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Property Details for 16 Pell St, Merewether

16 Pell St, Merewether is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 299m2 and floor size of 251m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1935
Floor Size
251m2
Land Size
299m2
Local Government
Newcastle
Lot/Plan
B/DP153408

Last Listing description (May 2021)

Sitting on an elevated block offering ocean views, this two-bedroom home is perfectly positioned on a street lined with prestige properties. Offering an opportunity for investors, renovators or developers alike, this property is ready to move in and enjoy the spoils of living in a beachside suburb or redevelop (STCA) to further take advantage of its prime location.

Good size interiors feature charming original elements and offer a bright and modern setting. Positioned at the front of the home is the formal living room with ornamental fireplace and a spacious light-filled main bedroom. A neat and roomy kitchen sits at the centre of the house providing easy access to two living/dining areas. Outside a shaded patio offers a peaceful retreat to enjoy the fresh ocean air or entertain friends.

Surrounded by parks and ovals, popular cafes, schools and only a short walk to world-class Merewether Beach, this location offers the ultimate in lifestyle combined with convenience. Only a short drive to The Junction and you'll find all the essentials, luxuries and entertainment along with local amenities and services. A picturesque home in a tranquil setting within a blue-chip suburb is a rare opportunity.

Currently tenanted returning $660 per week
Two good size bedrooms, main bedroom with ceiling fan
Air conditioning in main dining room provides cooling through to the kitchen
Completely modern bathroom, separate w.c.
Large internal laundry with built-in cabinetry
Shaded patio area with fully fenced low maintenance backyard suitable for pets
Single car garage with additional driveway parking
Schools within 2km, Holy Family Primary, The Junction Public, St Joseph's Primary, Hamilton South and Merewether Schools
500m to Merewether Beach, 1.5km to Junction Fair shopping centre

This property is being sold under the Online Friendly Auction System.

Flexible deposit and settlement conditions are also available by negotiation with the agent if required.

Offers can also be made prior to auction and each offer will be assessed on its merits.

Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.

**Health & Safety Measures are in Place for Open Homes & All Private Inspections
**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 16 Pell St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,750,000
27 Jan 2021
Listed for Rent
$660/w
10 Oct 2018
  • 28 Jan 2021
    Listed for Sale Forthcoming Friendly Auction
  • 27 Jan 2021
    Sold for $1,750,000
  • 13 Feb 2019
    Listed for Sale For Sale $1,450,000
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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 5,872 properties. Over the last 5 years, Houses in Merewether have seen a 65.50% increase in median value, while Units have seen a 48.88% increase. As at 30 September 2024:

  • The median value for Houses in Merewether is $1,875,478 while the median value for Units is $859,119.
  • Houses have a median rent of $800 while Units have a median rent of $575.
There are currently 26 properties listed for sale, and 7 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 248 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.