OFF MARKET

2/45 Ridge Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 703m2
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Property Details for 2/45 Ridge St, Merewether

2/45 Ridge St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 703m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1970
Floor Size
87m2
Land Size
703m2
Local Government
Newcastle
Lot/Plan
2/SP4757

Last Listing description (June 2018)

Just a short stroll to one of Australia's best beaches, with an East facing balcony to enjoy the sea breezes, you won't find better value or location. Styled and renovated with attention to detail, this beautiful two bedroom unit offers the best of lifestyles. Generous proportions throughout and lock-up garaging in small block. Butlers pantry, air-conditioning, Chic relaxed beachside styling throughout... come and look, buy furnished as is, or vacant!
* A small block located within an easy stroll to the beach.
* Can be purchased furnished as is - stunning or vacant.

* Merewether Beach recently voted among the best in the world.
* East facing balcony to enjoy the afternoon sea breezes.
Council Rates: $1,475 PA approx
Water Rates: $550 PA + Usage approx
Strata Levies: $3,332.28 PA approx

Property History for 2/45 Ridge St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$625,000
15 May 2018
Listed for Rent
$380/w
06 Sep 2015
  • 15 May 2018
    Sold for $625,000
  • 20 Apr 2018
    Listed for Sale $620,000 - $680,000
  • 12 Nov 2016
    Sold for $546,000
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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 5,876 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 20 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

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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.