5/15 Railway St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1484m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Merewether in the last 12 months.
A wealth of lifestyle options is easily achieved with this contemporary townhouse an easy stroll from The Junction's trendy boutiques and eateries and within walking distance to Merewether and Bar Beach. Its stylish layout effortlessly transitions from indoors to out and captures exceptional light throughout.
Graced with a northerly aspect and freestanding to one side, the home rests privately behind a wall introduced by a sunny courtyard for entertaining or relaxation. Inside, air-conditioned living with under stairs study nook transitions to a bright dining area, modern Caesarstone kitchen, laundry and powder room. Upstairs there are two airy bedrooms and a smart Caesarstone bathroom. A spiral staircase rises to a multi-purpose loft space that caters to a variety of uses including third bedroom, home office, kids' area or simply a great space to relax and unwind. An oversized carport with storage area offers convenient access at the rear of the home.
An affordable entry into the coveted Merewether market, the exceptional convenience of being within minutes of schools, transport and everyday essentials also makes this townhome an appealing investment opportunity.
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 5,770 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:
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