7/18 Burwood StreetMerewether NSW 2291
Property Details for 7/18 Burwood St, Merewether
7/18 Burwood St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Merewether in the last 12 months.
Last Listing description (September 2024)
Here's a cheap entry into this multimillion-dollar location. Occupying a prime coastal location, the unit has been stylishly updated within a well-kept complex. A perfect buying point for first home buyers or ideal for investors seeking long term high capital growth. There's a carport for your car however the location is such that you can walk to all local attractions. Must be sold!
* Stylishly updated apartment with a dedicated single car park
* Open living area with polished timber floorboards and downlights
* Double-sized bedroom boasting a mirrored robe and a cooling ceiling fan
* Updated bathroom/laundry combination with shower-over-bath
* 280m to Bar Beach Bowling Club and vibrant Empire Park
* 500m stroll to Dixon Park Beach and its SLSC and popular kiosk
* Walk to Merewether Baths, local pubs, Harris Farm, Darby Street, The Junction
* Ideal lock-and-leave investment/weekender or affordable first home
Council Rates: $1,996 PA approx
Water Rates: $795 + Usage PA approx
Strata Levies: $606 PQ approx
Rental Potential: $470 - $500 PW approx
Property History for 7/18 Burwood St, Merewether, NSW 2291
- 19 Sep 2024Sold for $610,000
- 24 Apr 2024Listed for Sale Not Disclosed
- 30 Jan 2018Sold for $440,000
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0About 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 5,872 properties. Over the last 5 years, Houses in Merewether have seen a 69.02% increase in median value, while Units have seen a 46.67% increase. As at 31 August 2024:
- The median value for Houses in Merewether is $1,874,869 while the median value for Units is $846,644.
- Houses have a median rent of $850 while Units have a median rent of $575.
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