OFF MARKET

58 Ridge Street
Merewether NSW 2291

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 246m2
Land area: 633m2
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Property Details for 58 Ridge St, Merewether

58 Ridge St, Merewether is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 633m2 and floor size of 246m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
2022
Floor Size
246m2
Land Size
633m2
Local Government
Newcastle
Lot/Plan
1/DP1002036

Last Listing description (January 2020)

Approx 633m2 in area and about 51.8 metres depth.
North east facing backyard.
Older style weatherboard & tile 3 bedroom plus sunroom.

Residence in fair condition. Functional kitchen and bathroom.
Garage and workshop. Walk to the beach!
Wonderful potential.

Outgoings:
Water: *$836 pa + usage
Council: *$3,741 pa

For more about Greg head to www.greghandsaker.com.au

(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)

*Approximates only

Property History for 58 Ridge St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,450,000
18 Nov 2019
  • 18 Nov 2019
    Sold for $1,450,000
  • 03 Sep 2019
    Listed for Sale $1,495,000

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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.