OFF MARKET

5/47 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 2061m2
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Property Details for 5/47 Morgan St, Merewether

5/47 Morgan 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 2061m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
Unit
Year Built
1983
Floor Size
63m2
Land Size
2061m2
Local Government
Newcastle
Lot/Plan
9/SP33151

Last Listing description (September 2024)

Locations don't get much better with this spacious 2-bedder. Where the beach and The Junction's shops and cafes are a short stroll in either direction. Positioned on the first floor of a small brick block of just eight with an open plan layout encompassing an electric-equipped kitchen and a balcony to relax outdoors.

-Both bedrooms are generous in size
- 600m from The Junction's boutique shopping and vibrant eateries

- 1500m from Merewether Beach and its iconic ocean baths

On behalf of the landlord's and the team at Castle Property we are very proud to invite you to this remarkable opportunity.

HOW TO APPLY: We only accept Ignite Forms; please apply via real estate com au - It is a requirement that you have physically inspected the property in order for applications to be processed. We do not conduct virtual inspections.

Disclaimer: The details mentioned above are subject to change. All interested parties should conduct their research and verify the information provided. Images and floor plans are for illustrative purposes only.

Property History for 5/47 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$480,000
07 Dec 2018
Listed for Rent
$480/w
30 Aug 2024
  • 30 Aug 2024
    Listed for Rent $480 / week
  • 25 Jul 2023
    Listed for Rent $410 / week
  • 31 Jan 2022
    Listed for Rent - Price not available
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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 69.02% increase in median value, while Units have seen a 46.67% increase. As at 31 August 2024:

  • The median value for Houses in Merewether is $1,874,869 while the median value for Units is $846,644.
  • Houses have a median rent of $850 while Units have a median rent of $575.
There are currently 26 properties listed for sale, and 7 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 246 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.