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Sold on 09 Nov 2024 - Price Unavailable

5/43 Pell Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 783m2
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Property Details for 5/43 Pell St, Merewether

5/43 Pell St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 783m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Merewether in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
107m2
Land Size
783m2
Local Government
Newcastle
Lot/Plan
5/SP5687

Last Listing description (October 2024)

Don't miss this vintage fixer upper in a prime real estate location. Small block of 5 apartments, 2 bedrooms, separate private large storage room & lock up garage. Balcony overlooking Ridge Street streetscape and Holy Family Primary School. Sought after location one block from Merewether Beach & Ocean Baths, local parks & only minutes to Newcastle CBD. Genuine opportunity for a smart revamp and quick capital growth. Water Rates $750 pa approximately, Land Rates $2300 pa approximately, Strata Rates $4500 pa approximately. Contact Bill Quirk 0402 957 055.

Property History for 5/43 Pell St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
09 Nov 2024
  • 09 Nov 2024
    Sold
  • 18 Oct 2024
    Listed for Sale Price Guide $820000 - $850000
  • 08 Jun 1985
    Sold for $36,500

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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 5,770 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:

  • The median value for Houses in Merewether is $1,873,081 while the median value for Units is $861,605.
  • Houses have a median rent of $795 while Units have a median rent of $580.
There are currently 23 properties listed for sale, and 8 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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Contact agency
Show contact details
Borrelli Quirk Newcastle Real Estate
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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.