SOLD
RECENT ADVICE
Sold on 01 Mar 2024 for $1,375,000

431 Glebe Road
Merewether NSW 2291

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 798m2
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Property Details for 431 Glebe Rd, Merewether

Building Type
Land
Land Size
798m2
Local Government
Newcastle
Lot/Plan
68/DP111241

Last Listing description (March 2024)

To find out more about this property contact Ryan Houston and Gabrielle Coleman on 02 4926 0600

Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Property History for 431 Glebe Rd, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,375,000
01 Mar 2024
Listed for Rent
$550/w
04 Nov 2022
  • 29 Feb 2024
    Sold for $1,375,000
  • 09 Jun 2023
    Listed for Sale Price Guide on Request
  • 17 Oct 2022
    Listed for Rent $550 / 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 5,777 properties. Over the last 5 years, Houses in Merewether have seen a 65.50% increase in median value, while Units have seen a 48.88% increase. As at 30 September 2024:

  • The median value for Houses in Merewether is $1,875,478 while the median value for Units is $859,119.
  • Houses have a median rent of $800 while Units have a median rent of $575.
There are currently 27 properties listed for sale, and 10 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 241 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.