OFF MARKET

2/60 Selwyn Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 940m2
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Property Details for 2/60 Selwyn St, Merewether

2/60 Selwyn St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 940m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1980
Floor Size
59m2
Land Size
940m2
Local Government
Newcastle
Lot/Plan
2/SP16117

Last Listing description (September 2020)

With Merewether beach and The Junctions shops and cafes a short stroll in either direction and Westfield Kotara just five minutes from home, locations dont get much better than this. This neat and tidy 2-bedder features a functional floorplan that makes the most of space and living with an open plan layout encompassing a modern electric-equipped kitchen and a balcony where you can relax outdoors with the northerly sun on your face.

Air-conditioning keeps the whole apartment comfortable

Modern kitchen with electric cooktop and stainless-steel dishwasher
Both bedrooms are appointed with built-in robes
Full-size bathroom
Freshly painted and new carpet throughout
Automatic lock-up garage with internal laundry
Balcony enjoys a perfect north-easterly aspect filling the unit with natural light
2km from the sand and surf at Merewether and a 5 minute drive to the harbour
Superb entry into beachside Merewether
Approximate return of $400 per week for investors

Property History for 2/60 Selwyn St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$500,000
03 Sep 2020
Listed for Rent
$380/w
18 Mar 2020
  • 03 Sep 2020
    Sold for $500,000
  • 20 Aug 2020
    Listed for Sale $490,000 - $520,000
  • 05 Mar 2020
    Listed for Rent $380 / 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 5,779 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 24 properties listed for sale, and 9 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 243 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.