SOLD
Sold on 19 Mar 2024 for $530,000

8/32 Morgan Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 1006m2
Sold By
LaneCampos
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Property Details for 8/32 Morgan St, Merewether

8/32 Morgan St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 1006m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Merewether in the last 12 months.

Building Type
Unit
Year Built
1984
Floor Size
44m2
Land Size
1006m2
Local Government
Newcastle
Lot/Plan
8/SP21825

Last Listing description (March 2024)

The essence of Merewether's laidback lifestyle is captured in this breezy apartment. This coastal retreat, within a fantastic lifestyle location, offers the perfect blend of relaxed appeal and urban convenience. With the sand and surf close by and sidewalk cafes, buzzing beach bars and celebrated eateries footsteps away, this one's for you!

Flooded with natural light all year round, and capturing district views, the home's interiors make for comfortable living and present as an exceptional opportunity in a coveted pocket.

Highlights:

-- Bedroom with built-in robe and ceiling fan
-- Open plan living and dining: large windows allow plenty of natural light
-- Split system air conditioning
-- Updated, kitchen with large pantry
-- Upper level, elevated position with balcony
-- Carport parking for one vehicle
-- Natural light all year round

Here and there:
-- Merewether Beach: 15min walk (1.1km)
-- Merewether Ocean Baths: 20min walk (1.km)
-- The Prince of Merewether Hotel: 2min walk (180m)
-- The Junction caf? and retail strip and Junction Fair: 8min walk (600m)
-- Lingard Private Hospital: 7min walk (500m)
-- Darby Street eateries: 7min cycle (2.1km)
-- Newcastle CBD: 9min cycle (2.8km)

-- Approx. weekly rental return: recently returning $425
-- Approx. council rates per quarter: $402
-- Approx. strata rates per quarter: $1,153
-- Approx. water rates per third: $250 (not incl. usage)

For more information, please contact Roland or Toby on 4967 6770.

Disclaimer:
All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

Property History for 8/32 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$530,000
19 Mar 2024
Listed for Rent
$420/w
12 Sep 2022
  • 19 Mar 2024
    Sold for $530,000
  • 12 Feb 2024
    Listed for Sale Not Disclosed
  • 12 Sep 2022
    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 23 properties listed for sale, and 8 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 264 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.