SOLD
Sold on 25 Sep 2023 for $490,000

6/47 Morgan Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 2061m2
Sold By
Elissa Mcgovern
Robinson Property
Michael Flook
Robinson Property
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Property Details for 6/47 Morgan St, Merewether

6/47 Morgan St, Merewether is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 2061m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom House sold in Merewether in the last 12 months.

Building Type
House
Year Built
1983
Floor Size
69m2
Land Size
2061m2
Local Government
Newcastle
Lot/Plan
10/SP33151

Last Listing description (October 2023)

If you're looking for a foothold in the highly sought-after Merewether market, this expansive one-bedroom apartment offers an incredible opportunity. Move-in ready or ripe for updating, it's ideal for first-time buyers, professionals, downsizers and investors with an eye for potential.

Ideally located on the first floor of an apartment complex, this light-filled property includes a generously sized bedroom with ample space for relaxing, a neat and tidy bathroom, a large open-plan zone encompassing dining and living areas, a large kitchen with plentiful bench space and storage and a lock-up garage for convenient off-street parking. A north-facing balcony invites you to enjoy peaceful outdoor moments, whether sipping your morning coffee or unwinding in the evening breeze.

Outside, you'll find the best amenities Merewether has to offer right on your doorstep. You're within walking distance (or a short 3-minute drive) from beautiful Merewether Beach, 2 minutes from The Junction's popular caf/retail precinct and metres walk away from supermarkets, cafes, shops, parks and public transport.

Well-presented, first-floor, one-bedroom apartment in a highly sought-after Merewether location
Ideal purchase for first-home buyers, downsizers or investors
Spacious bedroom with a built-in robe
Combined living and dining zone opens onto a sunny north-facing balcony
Large kitchen with an electric cooktop, oven, and ample storage space
Spic and span bathroom includes a shower and toilet
Timber flooring throughout, with carpet in the bedroom
Separate shared laundry room
Single lock-up garage
5 min walk (350m) to local Llewellyn St shops, including IGA supermarket and cafes
3 min drive (1.1 km) to Merewether Beach and Ocean Baths
2 min drive (750m) to The Junction precinct for shops, cafes and restaurants
Conveniently close to parks, sporting clubs and transport

Property History for 6/47 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$490,000
25 Sep 2023
Listed for Rent
$375/w
09 Sep 2022
  • 25 Sep 2023
    Sold for $490,000
  • 06 Sep 2023
    Listed for Sale $480,000 - $500,000
  • 30 Aug 2022
    Listed for Rent $375 / 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 5,863 properties. Over the last 5 years, Houses in Merewether have seen a 63.15% increase in median value, while Units have seen a 44.82% increase. As at 31 July 2024:

  • The median value for Houses in Merewether is $1,863,141 while the median value for Units is $828,636.
  • Houses have a median rent of $850 while Units have a median rent of $560.
There are currently 16 properties listed for sale, and 8 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Merewether.

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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.