OFF MARKET

3/2 Margaret Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 778m2
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Property Details for 3/2 Margaret St, Merewether

3/2 Margaret St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 778m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1997
Floor Size
117m2
Land Size
778m2
Local Government
Newcastle
Lot/Plan
3/SP54992

Last Listing description (October 2020)

This roomy townhouse is privately set at the rear of a complex of only three. It has a large yard area with established vegetable garden and decked entertaining space. Ideal for pets or for children to roam free, or just for relaxing. A very unique and affordable opportunity.

* Solidly built townhouse at rear of private complex of only three.
* Perfect for entertaining or relaxing, large deck and yard area.

* Open plan living area spills out to the rear deck and yard area.
* Upstairs bedrooms with large robes, one with its own balcony.
* Large 3-way bathroom upstairs, powder room/wc downstairs.
* Big outdoor patio area upstairs providing additional leisure.
* Remote control garaging with internal access to entry foyer.
* The location is private yet very convenient to local attractions.
* Easy walk to The Junction shops, local cafes, pubs and parks.
* Merewether's Llewellyn street shopping village is nearby.
* This is a unique opportunity - don't miss it!

Council Rates: $1,809 PA approx
Water Rates: $701 + Usage PA approx
Strata Levies: $3,712 PA approx
Rental Potential: $550 PW approx

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Property History for 3/2 Margaret St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$725,000
10 Sep 2020
Listed for Rent
$550/w
25 Mar 2020
  • 10 Sep 2020
    Sold for $725,000
  • 05 Aug 2020
    Listed for Sale For Sale $695,000 - $765,000
  • 09 Sep 2019
    Listed for Rent $550 / 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.

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