OFF MARKET

6/28 Railway Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 1630m2
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Last updated 16 Dec 2024
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Property Details for 6/28 Railway St, Merewether

6/28 Railway St, Merewether is a 1 bedroom, 1 bathroom Unit and was built in 1981. The property has a land size of 1630m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1981
Floor Size
51m2
Land Size
1630m2
Local Government
Newcastle
Lot/Plan
6/SP17965

Last Listing description (December 2023)

Located in one of Newcastle's most desirable suburbs, Merewether, this charming 1 bedroom unit offers an exceptional opportunity for both investors and prospective homeowners. With its convenient ground floor position and an array of enticing features, this unit is sure to capture your attention.

Step inside to discover a well-designed layout, starting with the bedroom boasting a mirrored built-in wardrobe, providing ample storage space for your belongings. The open plan dining and living room create a seamless flow throughout the unit, offering a comfortable and versatile living area. With internal access from the living room to a private outdoor area, where you can enjoy the abundance of grassed communal space within the complex. Picture yourself basking in the sun while indulging in a delightful picnic.

The modern kitchen is a true highlight, featuring sleek stone benchtops and a convenient gas cooktop. Whether you're a culinary enthusiast or simply enjoy cooking, this kitchen will cater to your every need. The bathroom presents a combined bath and shower, along with an internal laundry setup for added convenience.

One of the major advantages of this unit is its highly desirable location. Take advantage of the proximity to all amenities and entertainment options that Merewether has to offer. Walk to the area's best pubs, including the Prince of Wales Hotel, Mary Ellen Hotel, and The Burwood Inn. Only a short 500m walk away lies The Junction Village, with its diverse range of cafes, restaurants, and the convenience of Coles Shopping Centre and various shops.

For those who appreciate the coastal lifestyle, this unit is a dream come true. The stunning beaches of Newcastle are just moments away, with Merewether Beach only 1.6km away, along with Dixon Beach and Bar Beach both within 1.8km. Embrace the sun, sand, and surf at your leisure.

Whether you're seeking a solid investment in a thriving beachside suburb or envisioning your own future home, this 1 bedroom unit in Merewether is the ideal choice. Don't miss out on this exceptional opportunity to secure a piece of this highly sought-after location.

Contact us now to arrange a viewing and take the first step towards owning this fantastic property.

- Currently tenanted for $395 per week (lease expires November 2023)
- Council Rates: $405 per quarter approx
- Strata Rates: $747.75 per quarter approx
- Water Rates: $293.77 per third approx

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Property History for 6/28 Railway St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$420,000
26 Oct 2023
Listed for Rent
$330/w
12 Nov 2020
  • 26 Oct 2023
    Sold for $420,000
  • 03 Oct 2023
    Listed for Sale $419,950
  • 26 Jul 2023
    Listed for Sale $419,950
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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 5,876 properties. Over the last 5 years, Houses in Merewether have seen a 67.87% increase in median value, while Units have seen a 48.07% increase. As at 30 November 2024:

  • The median value for Houses in Merewether is $1,900,031 while the median value for Units is $860,534.
  • Houses have a median rent of $788 while Units have a median rent of $580.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Merewether.

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