4/64 Railway StreetMerewether NSW 2291
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.
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
- 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
Property History for 4/64 Railway St, Merewether, NSW 2291
- 25 Sep 2023Sold for $690,000
- 30 Aug 2023Listed for Sale $640,000 - $690,000
- 19 May 2023Listed for Rent $535 / week
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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 5,772 properties. Over the last 5 years, Houses in Merewether have seen a 68.47% increase in median value, while Units have seen a 50.83% increase. As at 31 October 2024:
- The median value for Houses in Merewether is $1,873,081 while the median value for Units is $861,605.
- Houses have a median rent of $795 while Units have a median rent of $580.
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