41 Scenic DriveMerewether NSW 2291
Property Details for 41 Scenic Dr, Merewether
41 Scenic Dr, Merewether is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 558m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (August 2018)
One of the rare opportunities to forge a new landmark! Take advantage of this premium tightly held holding approx. 560m2 within this prized suburb. Suspended above Scenic Drive and accessed from Hickson Street, this original residence is set for a complete revival or knockdown and rebuild. F lanked by some of Newcastle's iconic properties and offering sweeping views north, it gazes out toward Barrington Tops, CBD, Harbour, Stockton Bight,The Hill and ocean. Immersed in one of the city's most spectacular coastal settings, the potential offered here is endless, ripe for renovation or prime development.
* Built over two levels with stunning views from living areas.
* 4 bedrooms, lounge, dining, family, sunroom.
* Walk to ocean baths and beach.
* Accessed via Hickson Street and Gregory Crescent.
* An amazing opportunity on offer - for the astute buyer!
* Currently tenanted at $600 per week.
Council Rates: $3,032 PA approx
Water Rates: $700 + Usage PA approx
Rental Potential: Currently $600 PW approx
Property History for 41 Scenic Dr, Merewether, NSW 2291
- 16 Jul 2018Sold for $1,450,000
- 23 May 2018Listed for Sale For Sale $1,550,000 - $1,700,000
- 01 Jun 2015Listed for Rent $620 / 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 5,876 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.
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