OFF MARKET

23 Lloyd Street
Merewether NSW 2291

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 262m2
Land area: 452m2
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Property Details for 23 Lloyd St, Merewether

23 Lloyd St, Merewether is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 452m2 and floor size of 262m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1950
Floor Size
262m2
Land Size
452m2
Local Government
Newcastle
Lot/Plan
8/DP38005

Last Listing description (June 2022)

Offering so much bang for your buck in blue-ribbon Lloyd Street this spacious home is jam-packed with features for large and growing families, as well as offering exciting potential to create a dream seaside home of your own design and style. Delivering an inspiring northerly backdrop of brilliant city and ocean views, and an enviable engagement to beach life with the Merewether shoreline little more than 400m away, this is the ultimate lifestyle address.

Designed over three levels crowned by a loft retreat, the property benefits from dual street access and is currently split into two separate three-bedroom dwellings. The L-shaped block with two frontages and two driveways provides garaging for up to three vehicles. Take advantage of the current layout and rewards of a dual income investment by continuing to rent out both levels or live in one area whilst renting out the other. The 6-bedroom, 3-bathroom property could also easily convert back to a large family home with scope to modernise and add value.

So close to the sand and surf as well as Merewether Ocean baths you can swim a few laps or catch a few waves before work before grabbing your coffee or breakfast from Blue Door. And as night falls, head out to the Beach Hotel or Surfhouse for a drink or bite to eat and enjoy the pleasant stroll back to your new seaside home.

-Tri-level home on 449sqm block with two street frontages and northerly views
- Two separate garages, one currently used as a studio
- Lower level configured as three bedrooms, bathroom plus extra w/c, living/dining area, kitchen, laundry and alfresco
- Upper level has an extra bathroom and access to the loft retreat
- Only a 400m walk for pre-work surfs, an afternoon swim in the ocean baths, or dinner at the Surfhouse
- Invest, renovate or knock down and rebuild in a prized locale (STCA)
- Water rates approximately $720 p.a. plus usage
- Council rates approximately $5850 p.a.

For more about Greg go to www.greghandsaker.com.au

(We have obtained all information used in the preparation of this document from third party sources however, we cannot guarantee the accuracy or currency of this information. Prospective purchasers and their advisors are advised to carry out and rely their own enquiries and investigations in relation to the information in this document and the property it concerns. This document is provided for marketing purposes only, and does not constitute an offer by our agency or the vendor.)

Property History for 23 Lloyd St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$4,150,000
14 Feb 2022
Listed for Rent
$900/w
15 Feb 2021
  • 14 Feb 2022
    Sold for $4,150,000
  • 01 Feb 2022
    Listed for Sale Guide $3,950,000
  • 21 Dec 2020
    Listed for Rent $900 / 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 5,876 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 19 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.