SOLD
Sold on 22 Feb 2024 for $1,080,000

4/7 Merewether Street
Merewether NSW 2291

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 112m2
Land area: 984m2
Sold By
Belle Property Lake Macquarie
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Property Details for 4/7 Merewether St, Merewether

4/7 Merewether St, Merewether is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1991. The property has a land size of 984m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Townhouse sold in Merewether in the last 12 months.

Building Type
Townhouse
Year Built
1991
Floor Size
112m2
Land Size
984m2
Local Government
Newcastle
Lot/Plan
4/SP39135

Last Listing description (April 2024)

- Spacious three bedroom modern townhouse offering loads of natural light.
- Crisp white kitchen with stainless steel appliances and a breakfast bar.
- Air-conditioned living room with access to the grassed courtyard.

- Three bedrooms, each with built-in robes, one opening out to a balcony.
- Main bathroom with bath tub, separate toilet up & down stairs.
- Private, North-facing courtyard with low-maintenance lawn.
- Single lock up garage with internal access + single carport.
- Within close proximity to Junction Public School, reputable private schools, Lingard Hospital, stretch of beaches, public transport as well as various shops and popular cafes and established pubs.

Property History for 4/7 Merewether St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,080,000
22 Feb 2024
Listed for Rent
$770/w
04 Apr 2024
  • 28 Mar 2024
    Listed for Rent $770 / week
  • 22 Feb 2024
    Sold for $1,080,000
  • 06 Dec 2023
    Listed for Sale Not Disclosed
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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 5,863 properties. Over the last 5 years, Houses in Merewether have seen a 63.15% increase in median value, while Units have seen a 44.82% increase. As at 31 July 2024:

  • The median value for Houses in Merewether is $1,863,141 while the median value for Units is $828,636.
  • Houses have a median rent of $850 while Units have a median rent of $560.
There are currently 16 properties listed for sale, and 8 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 244 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.