OFF MARKET

63 Merewether Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 345m2
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Property Details for 63 Merewether St, Merewether

63 Merewether St, Merewether is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 345m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
1920
Land Size
345m2
Local Government
Newcastle
Lot/Plan
331/DP594833

Last Listing description (August 2022)

Original full brick home with a bright future!
In excellent original condition and true to its original form, this property has been held by the one owner for many decades, promoting superb scope for renovation. Traditional character features and the solid double brick construction present the ideal foundations for contemporary transformation, extensions or complete new dwelling (STCA).
Elevated with vistas to Bar Beach headland and walking distance to local shops, The Junction village and Merewether Beach. Let your dream become a reality.

* Auction on Site Sat 31st August at 10:30am.
* Enticing renovation project in reliable growth locale.
* Two generous bedrooms, original bathroom.
* Formal lounge and dining rooms.
* Set on approximately 336m2 elevated allotment.
* 14.5m2 approx frontage.
* Wide access along both boundaries.
* Ducted air conditioning.
* Building report available on request.

Council Rates: $3,392 PA approx
Water Rates: $877 + Usage PA approx
Rental Potential: $450 PW approx

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Property History for 63 Merewether St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$900,000
29 Aug 2019
  • 29 Aug 2019
    Sold for $900,000
  • 05 Aug 2019
    Listed for Sale Auction

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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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