OFF MARKET

2/87 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 596m2
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Property Details for 2/87 Morgan St, Merewether

2/87 Morgan St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 596m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
1990
Floor Size
69m2
Land Size
596m2
Local Government
Newcastle
Lot/Plan
2/SP41167

Last Listing description (December 2015)

Retirees, young professionals and investors alike will delight in this extremely rare opportunity to acquire a single level and spacious two bedroom villa in this boutique development of two only. Set at the rear to guarantee your privacy and just minutes to shopping centres, Merewether Beach and Baths, along with all amenities. Features include spacious living areas, two large bedrooms with built-ins, a well presented kitchen and bathroom along with internal access to a lock up garage with room for a second car or boat. Split cycle A/C plus a generous rear courtyard area. Dont let this one pass you by!

Property History for 2/87 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$560,000
10 Nov 2015
  • 10 Nov 2015
    Sold for $560,000
  • 07 Oct 2015
    Listed for Sale OFFERS OVER $550,000
  • 19 Nov 2008
    Sold for $387,000
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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 5,779 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 23 properties listed for sale, and 9 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 245 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.