OFF MARKET

7/51 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1050m2
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Property Details for 7/51 Morgan St, Merewether

7/51 Morgan St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1050m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
1980
Floor Size
60m2
Land Size
1050m2
Local Government
Newcastle
Lot/Plan
7/SP17642

Last Listing description (November 2019)

Move fast to secure this beautifully presented and private 2 bedroom first floor unit in sought after Merewether. The features list is extensive:* 2 bedrooms with built-in wardrobes featuring shelving and drawers* New spacious kitchen with dishwasher* Renovated bathroom with separate toilet* Large living room* East facing balcony* Lock up garage* Private laundryLocated within walking distance of Merewether Beach, The Junction Shops and schools. Properties like this lease quickly. Set yourself up for summer - book an inspection today.6 or 12 month lease. Sorry no pets.

Property History for 7/51 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$470,000
30 Aug 2019
Listed for Rent
$400/w
06 Nov 2019
  • 04 Nov 2019
    Listed for Rent $400 / week
  • 30 Aug 2019
    Sold for $470,000
  • 18 Dec 2018
    Listed for Sale $470,000- $490,000
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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 5,779 properties. Over the last 5 years, Houses in Merewether have seen a 65.50% increase in median value, while Units have seen a 48.88% increase. As at 30 September 2024:

  • The median value for Houses in Merewether is $1,875,478 while the median value for Units is $859,119.
  • Houses have a median rent of $800 while Units have a median rent of $575.
There are currently 24 properties listed for sale, and 9 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 243 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.