3/28 Railway StreetMerewether NSW 2291
Property Details for 3/28 Railway St, Merewether
3/28 Railway St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1626m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (February 2022)
With a sunny, northerly aspect and positioned on the second floor, this largely original apartment will grab the attention of those seeking an affordable entry or investment within the coveted Merewether market. Tailored for a lifestyle of complete convenience with The Prince of Wales 120m away and The Burwood Hotel in strolling distance, its sought after address is also a short walk from The Junction Fair and surrounding shops, and the golden sands of iconic Merewether beach. A prime setting offering enormous potential for a young couple or investor, interiors are comfortable, though retro in style, and hold plenty of scope for a modern revamp.
* Stroll to The Junction's cosmopolitan shopping village.
* Easy access to iconic beaches, cafes and coastal walks.
* Boasts one double-sized bedroom with built-in robe.
* Spacious living room, updated kitchen, original bathroom.
* Direct access from living room to private outdoor balcony.
* Perfect North-East aspect, single carport, coastal location.
Council Rates: $1,548 PA approx
Water Rates: $550.14 + Usage PA approx
Strata Levies: $779.80 PQ approx
Rental Potential: $300 PW currently
Property History for 3/28 Railway St, Merewether, NSW 2291
- 14 Dec 2021Sold for $475,000
- 08 Dec 2021Listed for Sale For Sale $430,000 - $470,000
- 10 Jan 2020Listed for Rent $300 / week
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0About 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 5,872 properties. Over the last 5 years, Houses in Merewether have seen a 69.02% increase in median value, while Units have seen a 46.67% increase. As at 31 August 2024:
- The median value for Houses in Merewether is $1,874,869 while the median value for Units is $846,644.
- Houses have a median rent of $850 while Units have a median rent of $575.
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