4/51 Mitchell StreetMerewether NSW 2291
Property Details for 4/51 Mitchell St, Merewether
4/51 Mitchell St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 65m2 and floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Merewether in the last 12 months.
Last Listing description (October 2023)
Are you just embarking on your home ownership journey or looking to expand your investment portfolio? This sunlit top-floor apartment represents an ideal opportunity. One of four within a boutique complex and located a mere 500m from Merewether Beach, it shines with fresh and light-filled interiors. Polished floorboards enhance the open plan kitchen, living, and dining area and the generously sized bedroom, while a modern bathroom is on hand to service the home. Additionally, enjoy a private deck for alfresco entertaining or relaxation and the convenience of a secure, covered car space.
Enticingly, explore your options to purchase a second unit in this renovated building. A ground-floor apartment is also for sale, providing a pathway to future financial prosperity.
Nestled in a central setting, this top-tier location delivers an enviable Merewether lifestyle. Leave the car at home and stroll to beautiful beaches, parks, sporting fields and eateries, including Convoy Commune, Akuna Café or Cuppa Joes. A host of restaurants and bars also beckon within walking distance, and you'll find all your shopping needs at nearby Junction Fair and Junction Village.
Property Specifications:
- Sunny top floor apartment in a boutique complex
- Top-tier location, approx. 500m from Merewether Beach
- One of four units in a renovated building
- Ideal opportunity for investors or first home buyers
- Secure one or both, with a second apartment available for sale
- Fresh, light-filled interiors offset by polished floorboards
- Open plan kitchen, living and dining zone
- Generously sized, sunny bedroom with a built-in robe
- Modern bathroom
- Large, private deck for alfresco entertaining or relaxing
- Air-conditioning
- Internal laundry space
- Designated covered car park
- Walk to vibrant shopping and dining precincts, Junction Fair (700m) and Junction Village (900m)
- Parks, sporting fields, cafes, restaurants and bars are also within walking distance
Property History for 4/51 Mitchell St, Merewether, NSW 2291
- 12 Aug 2024Listed for Rent $675 / week
- 17 Jan 2024Listed for Rent $650 / week
- 25 Oct 2023Sold for $550,000
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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 5,872 properties. Over the last 5 years, Houses in Merewether have seen a 65.50% increase in median value, while Units have seen a 48.88% increase. As at 30 September 2024:
- The median value for Houses in Merewether is $1,875,478 while the median value for Units is $859,119.
- Houses have a median rent of $800 while Units have a median rent of $575.
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