SOLD
RECENT ADVICE
Sold on 19 Sep 2024 for $610,000

7/18 Burwood Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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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.

Building Type
Unit

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

* Glossy kitchen featuring waterfall edged stone surfaces and breakfast bar
* 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

A timeline of how this property has performed in the market
Last Sold
$610,000
19 Sep 2024
  • 19 Sep 2024
    Sold for $610,000
  • 24 Apr 2024
    Listed for Sale Not Disclosed
  • 30 Jan 2018
    Sold for $440,000
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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 20 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.

Suburb Insights for Merewether 2291

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Alex O'Hara
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DALTON PARTNERS - The Junction
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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.