OFF MARKET

4/64 Railway Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 880m2
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Property Details for 4/64 Railway St, Merewether

4/64 Railway St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 880m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1974
Floor Size
73m2
Land Size
880m2
Local Government
Newcastle
Lot/Plan
5/SP9030

Last Listing description (October 2023)

Flooded with natural light, this elevated apartment offers the ultimate coastal lifestyle of convenience in one of Newcastle's best suburbs. Ideal for first-home buyers or an excellent investment opportunity. It's an easy stroll to cafes, restaurants, beaches, the IGA shopping strip, Lingard Hospital and The Junction Village Fair.

- A smart lifestyle/investment property or a desirable first home
- Walk to Merewether beach and baths, parks and several pubs

- Stylish, light filled interiors, scope for easy capital improvements
- Open plan living and dining with oversized windows and glass doors
- Neat and tidy central bathroom with bath, separate internal laundry
- Sliding doors off the air conditioned living space to the balcony
- Large kitchen with breakfast bar opens to living, electric cooking
- Great investment potential with expected return $550-580 per week
- Remote access to garaging with internal access to the building
- Easy access to the cycleway into the city and harbour foreshore

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Property History for 4/64 Railway St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$690,000
25 Sep 2023
Listed for Rent
$535/w
08 Jun 2023
  • 25 Sep 2023
    Sold for $690,000
  • 30 Aug 2023
    Listed for Sale $640,000 - $690,000
  • 19 May 2023
    Listed for Rent $535 / 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 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.

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