OFF MARKET

4/81 Mitchell Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 63m2
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Property Details for 4/81 Mitchell St, Merewether

4/81 Mitchell St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 63m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1965
Floor Size
48m2
Land Size
63m2
Local Government
Newcastle
Lot/Plan
4/SP16296

Last Listing description (November 2022)

Popular for its picturesque beaches, and coastal lifestyle, is the highly sought-after suburb of Merewether. Secured in this trendy hub delivers a 1-Bedroom Unit sure to catch the eyes of someone looking for the opportunity to enter the market, looking to downsize or the keen investor.

Flaunting low maintenance living with its ground floor positioning, open plan comfort and a contemporary taste throughout, there is simply nothing to do but to move on in and enjoy a relaxed lifestyle this family-friendly community has to offer.


Total floor size: 63sqm
2 ceiling fans in living and bedroom
Hybrid flooring
Open plan living
Tidy kitchen
Generous sized bedroom with built in robe
Modern bathroom
Under stairs storage
Single lock up garage
Lawn service included
Low maintenance living

Delivering a superb position with all necessary amenities within easy reach. Located a short stroll of 650m away from Merewether Beach or 900m away from the Merewether Ocean Baths - perfect for an afternoon dip in the warmer seasons. Explore more of Newcastle's famous beaches with a leisurely scenic walk on the Yuelarbah Track which will lead you to more of Newcastle's famous beaches, all the way to the notorious Anzac Bridge Memorial Walk. For all your grocery needs the Junction Fair Shopping Centre is only 1km away. The Convoy Commune Caf is just across the road, making it near impossible to miss your daily dose of caffeine, plus an array of various dining options to enjoy in the area.

Outgoings
Strata: estimated $990.81pq
Rental Appraisal: estimated $480.00 - $510.00pw

Property History for 4/81 Mitchell St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$550,000
08 Nov 2022
Listed for Rent
10 Apr 2014
  • 08 Nov 2022
    Sold for $550,000
  • 27 Oct 2022
    Listed for Sale $555,000 - $599,000
  • 11 May 2020
    Sold for $350,000
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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 5,863 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.