OFF MARKET

2/5 Merewether Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 1011m2
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Property Details for 2/5 Merewether St, Merewether

2/5 Merewether St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 1011m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
1979
Floor Size
61m2
Land Size
1011m2
Local Government
Newcastle
Lot/Plan
2/SP14019

Last Listing description (March 2023)

Perfectly positioned on the second floor and promising a prized location, this two bedroom apartment offers an easy-care low maintenance lifestyle just a stroll from Merewether Beach and The Junction's vibrant cafes, restaurants and boutiques.

-Open plan living and dining with North East facing balcony
- Both bedrooms of generous proportions with a balcony off the second

- Sleek functional kitchen with dishwasher
-Light filled bathroom features modern finishes
-Single lock up garage with private laundry
-relax and unwind, soaking in the Merewether lifestyle from your elevated balcony

Property History for 2/5 Merewether St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$565,000
16 Mar 2018
Listed for Rent
$510/w
10 Mar 2023
  • 20 Feb 2023
    Listed for Rent $510 / week
  • 18 Sep 2019
    Listed for Rent $430 / week
  • 21 Sep 2018
    Listed for Rent - Price not available
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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 5,767 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 26 properties listed for sale, and 8 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 262 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.