29 Yule RoadMerewether NSW 2291
Property Details for 29 Yule Rd, Merewether
Last Listing description (July 2024)
Offering an amazing opportunity to build your dream home, in a premiere beachside location, this land needs your consideration. Awaiting you is a journey of architectural alchemy. Poised on a generous 401SQM parcel, surrounded by a peaceful ambiance in the heart of Newcastle's most sought-after suburb, this is a once in a lifetime offering.
Positioned amidst the verdant district with leafy views, and a whisper away from the allure of Merewether's beaches, this untouched land is brimming with promise. All that's left is for you to watch as your dream transforms into your reality.
Highlights:
-- Newcastle's most sought after suburb
-- Northeast to rear aspect
-- 2km to Merewether Beach and Baths
-- Moments to The Junction retail and caf? hub, Darby eat-street hub and Newcastle city centre
-- Generous block dimensions of 15.25m/20.41m x 22.495m/22.985m
-- Walk/bike to Glenrock Conservation Reserve
-- School catchment for Merewether Heights Public and Kotara High school
-- Zoning - R2 Low Density
For more information please contact Bec on 4967 6770
Disclaimer:
All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
Property History for 29 Yule Rd, Merewether, NSW 2291
- 26 Jun 2024Sold for $790,000
- 26 Mar 2024Listed for Sale Not Disclosed
- 24 Sep 2021Sold for $755,000
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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 5,770 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.
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