OFF MARKET

34 Yule Lane
Merewether NSW 2291

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 153m2
Land area: 305m2
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Property Details for 34 Yule Lane, Merewether

34 Yule Lane, Merewether is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 305m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1960
Floor Size
153m2
Land Size
305m2
Local Government
Newcastle
Lot/Plan
1/DP1257291

Last Listing description (January 2021)

Auction Location: The Arc, 45 Watt Street Newcastle and Live via Auction Now Website.

Situated in a private and quiet laneway off Woodward Street, this elevated family home offers a tranquil escape to retreat to with lush views that gaze directly out over the treetops. A two-storey floorplan includes a versatile lower level with brand new second bathroom and separate entrance making it appealing to teenagers, visiting guests or as a great flexible work-at-home space.

Set back from the lane fronted by two parking spaces and landscaped gardens, step inside to the open plan living area and modern granite-topped kitchen with a balcony for alfresco enjoyment. Escape to this sweet-spot and take in the district views and beautiful sunsets at the end of each day. Meanwhile three robed bedrooms share a partially updated main bathroom.

The privacy of this location allows you to completely switch off and unwind, whilst also offering the convenience of being within minutes' walk to Merewether Heights Public School and 2km from the sand and surf of Merewether Beach.

- Dual level weatherboard and tile home on private 306sqm block
- Open plan living with timber floors and air-conditioning
- Granite topped kitchen with electric cooking and dishwasher
- Sliding doors open to a rear balcony capturing leafy district views & nightly sunsets
- Three bedrooms all with built-in robes
- Original bathroom with shower over bath and separate w/c
- Two off-street parking spaces and landscaped gardens
- Versatile lower level utility space with second bathroom and separate entrance
- Private and peaceful laneway 2km from Merewether Beach
- Readymade investment tenants on lease until February returning $550 per week

This property is being sold under the Online Friendly Auction System.

An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.

Flexible deposit and settlement conditions are also available by negotiation with the agent if required.

Offers can also be made prior to auction and each offer will be assessed on its merits.

Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.

**Health & Safety Measures are in Place for Open Homes & All Private Inspections
**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 34 Yule Lane, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$855,000
30 Oct 2020
Listed for Rent
$515/w
29 Jan 2020
  • 30 Oct 2020
    Sold for $855,000
  • 19 Oct 2020
    Listed for Sale Guide $800,000 - $850,000 Friendly Auction
  • 22 Jan 2020
    Listed for Rent $515 / week

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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.

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.