OFF MARKET

7/48 Patrick Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 64m2
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Property Details for 7/48 Patrick St, Merewether

7/48 Patrick St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 64m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1977
Floor Size
48m2
Land Size
64m2
Local Government
Newcastle
Lot/Plan
7/SP12249

Last Listing description (May 2024)

* One bedroom apartment which offers a low maintenance lifestyle.
* Second floor apartment in well maintained complex.
* Bright interiors dressed in fresh neutral tones.

* Updated kitchen with dishwasher.
* Open plan living sunny north east facing balcony.
* Generous sized bedroom with built-in wardrobe.
* Modern bathroom.
* Single carport.
* Internal laundry.
* Affordable unit so close to the beach and The Junction.
* Sorry no pets.

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Property History for 7/48 Patrick St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$410,000
15 Jan 2021
Listed for Rent
$420/w
31 May 2024
  • 17 May 2024
    Listed for Rent $420 / week
  • 26 Apr 2021
    Listed for Rent $370 / week
  • 15 Jan 2021
    Sold for $410,000
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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 5,776 properties. Over the last 5 years, Houses in Merewether have seen a 68.47% increase in median value, while Units have seen a 50.83% increase. As at 31 October 2024:

  • The median value for Houses in Merewether is $1,873,081 while the median value for Units is $861,605.
  • Houses have a median rent of $795 while Units have a median rent of $580.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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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.