OFF MARKET

3 Rose Street
Merewether NSW 2291

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 250m2
Land area: 386m2
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Property Details for 3 Rose St, Merewether

3 Rose St, Merewether is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 386m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
2022
Floor Size
250m2
Land Size
386m2
Local Government
Newcastle
Lot/Plan
2/DP341825

Last Listing description (January 2021)

This original free standing home presents a blank canvas and a real opportunity in this highly sought after family friendly pocket of Merewether. Set level within a traditional sized block of land, this cottage has been in the same family for many years as like many others within this tightly held residential street with a mix of period and architecturally enhanced family homes. Attractive to entry point buyers, home renovators, "flippers", builders, investors and developers. Perfectly placed on a peaceful street, this is an opportunity to enhance, rebuild or develop (STCA) just moments from everything.

* Original weatherboard and iron home.
* Currently can be used as 4 bedrooms.

* Original and neatly presented.
* Functional kitchen and bathroom.
* Total area of approximately 388.48m2.
* Dimensions are approximately 19.221m, 19.202m, 20.231m and 20.193m.
* Zoning R2 low density residential.

Council Rates: $2,425.74 PA approx
Water Rates:
$829.32 + Usage PA approx
Rental Potential: $400 PW approx

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Property History for 3 Rose St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$910,000
16 Nov 2020
  • 16 Nov 2020
    Sold for $910,000
  • 21 Oct 2020
    Listed for Sale For Sale Guide $995,000

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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 5,876 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 20 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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