2/27 Mitchell StreetMerewether NSW 2291
Property Details for 2/27 Mitchell St, Merewether
2/27 Mitchell St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 352m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Last Listing description (June 2020)
Searching for your first property - this one is perfect! Positioned in the ever popular beachside suburb of Merewether this updated one bedroom apartment will be snapped up.
Located on the ground floor this open plan apartment features a renovated kitchen & bathroom, modern flooring & a fresh colour scheme throughout you can't go wrong with this little gem. With a single undercover parking space & a pleasant patio area you've got everything you need right here.
With local beaches, cafes & popular pubs all within walking distance this prized location makes this apartment a fantastic place to start. Currently leased with a rental return of $350 per week this home is an ideal investment choice as well.
- Popular Merewether location
- Stylishly renovated
- 1 bedroom with mirrored built-in wardrobe
- Open plan kitchen & living area
- Single undercover car space
- Modern flooring & a fresh colour scheme
- Lovely patio area
- Walking distance to local cafes & pubs
- Short stroll to Merewether Beach
- Less than 3klm to Newcastle CBD
- Ideal first home or investment opportunity
- Current rental return of $350 per week
- Strata rates: approx $450 per quarter
Property History for 2/27 Mitchell St, Merewether, NSW 2291
- 21 Apr 2020Sold for $403,000
- 04 Feb 2020Listed for Sale Guide: $390,000 - $430,000
- 04 Jun 2019Listed for Rent - Price not available
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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.
Suburb Insights for Merewether 2291
Market Insights
Merewether Trends for Houses
N/A
N/A
View TrendN/A
N/A
Merewether Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
