SOLD
Sold on 20 May 2024 for $587,500

8/21 Ranclaud Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 1298m2
Sold By
Michael Flook
Robinson Property
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Property Details for 8/21 Ranclaud St, Merewether

8/21 Ranclaud St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 1298m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Merewether in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
43m2
Land Size
1298m2
Local Government
Newcastle
Lot/Plan
8/SP6113

Last Listing description (October 2024)

Perfectly in tune with its seaside setting, this one bedder on the first floor flaunts coastal vibes with its crisp dcor, timber look floors, and turquoise blue bathroom tiles. The whole place has a breezy, sunshiny feel with an open plan layout featuring an industrial-inspired kitchen, and a balcony perfect for soaking up the northern rays. Plus, with a carport, this home ticks all the boxes.

A five minute stroll from the sand at Merewether Beach, begin your day with a refreshing dip in the ocean baths or catch some waves for an invigorating surf. Afterwards, grab your morning brew at Blue Door kiosk, and in the evening, gather with friends for drinks or a bistro meal at the area's latest hotspot, The Beaches.

This property is an ideal opportunity for first-time buyers pursuing the Merewether dream or for savvy investors seeking a ready-made investment with a happy tenant already in place.

- First floor apartment with single carport in low-set complex of just 12
- Solid rental history for investors, or brilliantly located home for the beach lover
- Crisp dcor and timber-look floors throughout
- Bright open plan living effortlessly connects to north facing balcony
- Kitchen with ceramic hob, under bench oven, stainless steel benches
- Spacious bedroom with built-in robe
- Bright and cheery bathroom with shower
- Stroll to Merewether Beach, ocean baths, Beach Hotel, Surfhouse, 1400m to The Junction

Property History for 8/21 Ranclaud St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$587,500
20 May 2024
Listed for Rent
$420/w
09 Mar 2023
  • 20 May 2024
    Sold for $587,500
  • 05 Apr 2024
    Listed for Sale $599,500
  • 19 Jan 2023
    Listed for Rent $420 / week
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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 5,770 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 30 properties listed for sale, and 14 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 262 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.