OFF MARKET

6/18 Burwood Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 1034m2
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Last updated 18 Nov 2024
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Property Details for 6/18 Burwood St, Merewether

6/18 Burwood St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 1034m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
Unit
Year Built
1973
Floor Size
65m2
Land Size
1034m2
Local Government
Newcastle
Lot/Plan
6/SP6972

Last Listing description (November 2024)

Boasting the coastal lifestyle location that so many of us crave, this neatly presented apartment brims with possibility for a first home or investment buyer. Focused on easy living, it displays a tidy kitchen, an air-conditioned living room, an enclosed verandah, and two bedrooms supported by a tidy original bathroom and laundry. Just a 500m stroll from Dixon Park Beach and its popular kiosk, and even closer to Bar Beach Bowling Club and Empire Park, this quality-built apartment comes complete with a lock-up garage and has all the foundations in place for a top-notch coastal lifestyle.

* Neat two-bedroom apartment located in a favourite beachside location
* Air-conditioned living room spills into a fully enclosed verandah

* Plenty of bench space and storage appoint the tidy electric kitchen
* Two bedrooms, the main features an oversized and mirrored BIR
* Timber-look flooring throughout adds style, ceiling fans for comfort
* Lock-up single garage to keep the car secure or for extra storage
* 280m to Bar Beach Bowling Club and vibrant Empire Park
* Walk to Merewether Baths, local pubs, Harris Farm, Darby Street, The Junction
* Ideal lock-and-leave investment/weekender or affordable first home

Council Rates: $2,266 PA approx
Water Rates: $774 + Usage PA approx
Strata Levies: $757 PQ approx
Rental Potential: $550 PW approx

Property History for 6/18 Burwood St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$460,000
21 Mar 2016
Listed for Rent
$458/w
12 May 2021
  • 25 Nov 2024
    Sold for $740,000
  • 09 Oct 2024
    Listed for Sale For Sale $740,000 - $760,000
  • 12 May 2021
    Listed for Rent $460 / week
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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 5,766 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 28 properties listed for sale, and 13 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 260 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.