OFF MARKET

5/87 Frederick Street
Merewether NSW 2291

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 188m2
Land area: 394m2
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Property Details for 5/87 Frederick St, Merewether

5/87 Frederick St, Merewether is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 394m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2000
Floor Size
188m2
Land Size
394m2
Local Government
Newcastle
Lot/Plan
5/SP64555

Last Listing description (February 2013)

SCENERY THAT IS SIMPLY BREATHTAKING - EXPRESSIONS OF INTEREST FROM $1,500,000 CLOSING 03/12/12
ONLY HEAVEN CAN PROMISE MORE THAN THIS AMAZING BEACHSIDE PENTHOUSE SITUATED IN THIS BOUTIQUE DEVELOPMENT OF FIVE ONLY. OCCUPYING THE ENTIRE TOP FLOOR WITH A TOTAL LIVING AREA OF 272SQM (EXCLUDING CARSPACES) THIS BLUE CHIP PROPERTY IS ARGUABLY THE MOST APPEALING AND UNIQUE APARTMENT TO GRACE THE MARKET FOR SOME TIME. PURE SOPHISTICATION ALONG WITH UNCLUTTERED SPACIOUSNESS ON A GRAND SCALE. DESIGNED TO MAKE THE MOST OF THE PICTURE POSTCARD VIEWS, THIS MOST LOVED PROPERTY COMES LOADED WITH FEATURES THAT INCLUDE FOUR BEDROOMS WITH WALK IN ROBES AND ENSUITE COMPLETE WITH A SPA OFF THE MAIN, ALONG WITH BALCONY ACCESS FROM THE MAIN AND FOURTH BEDROOM. MULTIPLE OPEN PLAN LIVING AREAS. A MODERN GOURMET KITCHEN THAT IS THE HEART OF THE HOME. WRAP AROUND SPACIOUS BALCONIES TO ENTERTAIN AND ENJOY THE VIEWS ON OFFER PLUS A FAMILY SIZE OUTDOOR SPA. A MODERN MAIN BATHROOM PLUS A SEPARATE POWDER ROOM. SPLIT CYCLE AIR-CONDITIONING THROUGHOUT. SECURITY ACCESS PLUS THE ADDED BONUS OF SECURITY PARKING FOR TWO CARS ALONG WITH DIRECT LIFT ACCESS TO THE APARTMENTS FORMAL ENTRANCE! JUST A SHORT STROLL TO THE WATER?S EDGE, WHILST BEING JUST MINUTES TO SHOPPING CENTRES, RESTAURANTS AND ALL AMENITIES. BEAUTIFUL BY DAY AND PERFECT BY NIGHT. DREAMS ARE MADE OF APARTMENTS LIKE THESE.

Property History for 5/87 Frederick St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,600,000
24 May 2021
Listed for Rent
$850/w
11 Feb 2009
  • 24 May 2021
    Sold for $1,600,000
  • 30 Jan 2013
    Sold for $1,400,000
  • 17 Oct 2012
    Listed for Sale OFFERS FROM $1,400,000
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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 5,776 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 22 properties listed for sale, and 9 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 250 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.