3/58A Merewether StreetMerewether NSW 2291
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 floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
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.
* 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
Property History for 3/58a Merewether St, Merewether, NSW 2291
- 10 Sep 2020Sold for $590,000
- 19 Aug 2020Listed for Sale For Sale $575,000
- 20 Mar 2017Sold
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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 5,861 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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