OFF MARKET

16A Selwyn Street
Merewether NSW 2291

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 240m2
Land area: 513m2
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Property Details for 16a Selwyn St, Merewether

16a Selwyn St, Merewether is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 2022. The property has a land size of 513m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
2022
Floor Size
240m2
Land Size
513m2
Local Government
Newcastle
Lot/Plan
A/DP394235

Last Listing description (October 2020)

Stylishly updated cottage on large level block of 506m2, ideally located in this highly sought after seaside suburb with sunny north facing aspect.

Features include:-
* 3 Large double bedrooms, 2 with built ins.

* Light airy interior with beautiful polished timber floors
* Formal air conditioned living, separate dining
* Modern kitchen includes dishwasher
* Neat updated bathroom, sep toilet and internal laundry
* Long wide driveway for multiple car accommodation
* Carport plus rear storage shed, large level yard space

All just minutes to The junction and Merewether shops and beaches.

Perfect opportunity for future development or secure now and build later. Rent potential $560.00 per week for the investor

Property History for 16a Selwyn St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$810,000
14 Oct 2019
Listed for Rent
$500/w
15 Feb 2019
  • 14 Oct 2019
    Sold for $810,000
  • 13 Nov 2018
    Listed for Sale $850,000 - $920,000
  • 04 Aug 2015
    Listed for Rent $500 / 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 5,872 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 27 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.