OFF MARKET

3/27 Mitchell Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1050m2
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Property Details for 3/27 Mitchell St, Merewether

3/27 Mitchell St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1050m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
1970
Floor Size
60m2
Land Size
1050m2
Local Government
Newcastle
Lot/Plan
3/SP21862

Last Listing description (March 2024)

After a walk to the beach, soak up the sun and enjoy a coffee in the leafy surrounds of the patio of this ground floor unit located in this sought after location on Mitchell Street, Merewether opposite park and reserve.

- Two bedrooms both with built in robes, main with a ceiling fan.

- Open plan kitchen/living room with laminated floorboards and ceiling fan.

- Kitchen includes stone benchtop with gas cooktop

- Modern bathroom with decorated floor tiles, shower/bath combo with 2 showerheads to choose from

- Plantation shutters throughout

- Option for washing machine in kitchen or make use of the shared laundry

- Leafy outlook from paved undercover patio

- Single carport

- Pets not permitted

- Only 1.1km to Merewether Beach and 700 m to centre of Junction shops

Property History for 3/27 Mitchell St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$520,000
02 Mar 2020
Listed for Rent
$550/w
22 Apr 2022
  • 21 Feb 2024
    Listed for Rent $575 / week
  • 10 Apr 2022
    Listed for Rent $550 / week
  • 02 Mar 2020
    Sold for $520,000
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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 5,772 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.
There are currently 24 properties listed for sale, and 8 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 263 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.