OFF MARKET

3/58A Merewether Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 578m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low
High
Share
Save

Property Details for 3/58a Merewether St, Merewether

3/58a Merewether 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 578m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1970
Floor Size
73m2
Land Size
578m2
Local Government
Newcastle
Lot/Plan
3/SP5075

Last Listing description (October 2020)

Occupying a central Merewether position steps from the IGA, bottle shop and bowling club, this comfortable 2-bedroom haven is placed for coastal convenience. It features a large living/dining zone with kitchen and balcony connection, plus a handy study nook for those working from home. With a modernised kitchen and bathroom it's an absolute gem with scope for a personal touch to create a bespoke sanctuary. With secure parking and being just a stroll to world-famous Merewether Beach, it offers a fashionable lifestyle, and with solid rental demand stands as a great opportunity for investors and owner-occupiers alike.

* Ideally positioned top-floor apartment a short walk from the beach and baths.
* Open plan living/dining/kitchen area steps out to a north-facing alfresco balcony.

* Kitchen is modern in style and boasts gas cooking and plenty of storage/prep space.
* Generous bedrooms fitted with built-in robes, ceiling fans and large windows.
* Full bathroom with separate shower and bath, internal laundry, secure single garage.
* In excellent condition throughout with scope for a boutique remodel over time.
* Outstanding location close to cafes, transport, pubs and most importantly, the beach.

Council Rates: $1,755.21 PA approx
Water Rates: $654.90 + Usage PA approx
Strata Levies: $3,217.24 PA approx
Rental Potential: Currently $380 PW

Show More

Property History for 3/58a Merewether St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$590,000
10 Sep 2020
  • 10 Sep 2020
    Sold for $590,000
  • 19 Aug 2020
    Listed for Sale For Sale $575,000
  • 20 Mar 2017
    Sold
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.

Merewether Profile Page

Suburb Insights for Merewether 2291

Visit Merewether profile page
Market Insights
Merewether Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Merewether Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Merewether profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED