2/54 Patrick St, Merewether is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1983. The property has a land size of 786m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Offering the perfect lifestyle or investment package, this original townhouse boasts a low-maintenance design enhanced by a rear courtyard, single garage and extra parking bay. Retro in style and impeccably maintained, it features well-appointed interiors with living spaces downstairs and two bedrooms plus a full bathroom upstairs. A haven for lifestyle seekers, its coastal address is located within walking distance to Merewether Beach, Surfhouse and Baths, with The Junction's dynamic retail and cafe precinct just 400m from the front door.
* A user-friendly floorplan offering immediate comfort.
* Move-in now with a view to modernise over time.
Council Rates: $2,012 PA approx
Water Rates: $649.59 + Usage PA approx
Strata Levies: $896.15 PQ approx
Rental: $370 PW currently, potential $500 PW approx.
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 5,861 properties. Over the last 5 years, Houses in Merewether have seen a 69.02% increase in median value, while Units have seen a 46.67% increase. As at 31 August 2024:
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