OFF MARKET

8/27 Mitchell Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1050m2
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Property Details for 8/27 Mitchell St, Merewether

8/27 Mitchell St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1050m2. While the property is not currently for sale or for rent, it was last sold in October 2001.

Building Type
Unit
Year Built
1970
Land Size
1050m2
Local Government
Newcastle
Lot/Plan
8/SP21862

Last Listing description (September 2022)

- First floor one bedroom unit with single carport
- Updated kitchen with gas cooking, ample storage and fridge
- Good sized living room opening onto balcony

- Bedroom with built-in wardrobe and ceiling fan
- Modern bathroom with shower recess
- Shared laundry
- Great location close to beach, parkland and The Junction retail precinct
- We love Merewether; check out our suburb profile at https://youtu.be/uRH8ncV0na4

Property History for 8/27 Mitchell St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$120,000
18 Oct 2001
Listed for Rent
$420/w
30 Sep 2022
  • 15 Sep 2022
    Listed for Rent $420 / week
  • 10 Jan 2022
    Listed for Rent $400 / week
  • 19 Jun 2017
    Listed for Rent $275 / 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 5,861 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.
There are currently 18 properties listed for sale, and 8 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.