SOLD
Sold on 10 Oct 2023 for $600,000

5/22 Kilgour Avenue
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 686m2
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Property Details for 5/22 Kilgour Ave, Merewether

5/22 Kilgour Ave, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 686m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Merewether in the last 12 months.

Building Type
Unit
Year Built
1970
Land Size
686m2
Local Government
Newcastle
Lot/Plan
5/SP3596

Last Listing description (October 2023)

When it comes to lifestyle aspirations, a premium coastal location, and incredible possibilities, this apartment delivers in spades. Located mere steps from one of Newcastle's most renowned beaches, trendy cafes, and restaurants and set within a vibrant beachside community, you'll also be minutes from village cafe aromas and boutique shopping in The Junction or a night out with friends in Newcastle CBD.

Meticulously maintained and in original condition, you can embrace the 70s vibe or update it with your own contemporary touches to complete the ultimate coastal lifestyle package. Move-in ready, it's also steeped in potential and offers a remarkable opportunity for the avid investor, first home buyer, or downsizer looking to secure a property with outstanding appeal and access to every convenience.

This immaculate first-floor apartment is within a bespoke block of six and offers off-street covered parking. Outdoor lovers will be in their prime enjoying a morning surf or ocean swim, exploring mountain bike trails in Glenrock National Park, or taking a power walk along Memorial Walk towards Newcastle CBD. You'll also have front-row seats to Surfest. This is a rare find and a truly unique opportunity not to be missed.

Compact apartment in premium coastal location directly opposite Bar Beach and Empire Park
One generous-sized robed bedroom; one immaculate bathroom with a separate toilet
Well-loved, original 1970s finishes with superb potential to update
One open-plan living/dining area plus European laundry
Single carport plus on-street parking
Minutes from The Junction Village, Newcastle CBD, Marketown Shopping Centre, Merewether Surfhouse

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Property History for 5/22 Kilgour Ave, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$600,000
10 Oct 2023
  • 10 Oct 2023
    Sold for $600,000
  • 20 Sep 2023
    Listed for Sale Guide $595,000-$620,000

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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 5,872 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 7 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 248 properties were sold in the past 12 months in Merewether.

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