OFF MARKET

8 Frederick Street
Merewether NSW 2291

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 310m2
Land area: 546m2
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Property Details for 8 Frederick St, Merewether

8 Frederick St, Merewether is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 546m2 and floor size of 310m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2023
Floor Size
310m2
Land Size
546m2
Local Government
Newcastle
Lot/Plan
5/DP37385

Last Listing description (February 2021)

This home has so much potential and won't last long. Don't let this rare opportunity pass you by as the family is ready to sell come Auction day which is less than 7 days away.

This double red brick home is located only moments from Newcastle's famous beaches and is a prime candidate for renovation or redevelopment. Ready for the determined buyer to make their stamp in one of Merewether's most beloved streets. It is a fantastic opportunity for the creative to up-date and add value or knockdown and rebuild taking advantage of the second frontage(Subject to council approval).

This home is in original condition and has also recently been rewired. Offering 3 bedrooms, an eat in kitchen and generous high ceilings throughout. At the rear is a Bunker/Shed for extra storage plus a double lock up garage. The red double brick property sits on a prime location block approx. 556sqm at the low traffic southern end in a quieter nook to enjoy your peace and quiet. It offers two street frontages to Frederick & Watkins street.

Situated in the heart of a coastal pocket this opportunity does not come around very often and promises the perfect beach-side lifestyle with the sand and surf only footsteps away. Having the iconic Beach Hotel also in the same street is a bonus whilst also The Junctions and Darby Streets many eateries, boutiques, awarded schools and parks only mere moments down the road.

For more information regarding your interest in inspecting this property or registering to bid please contact Teresa on 0438 637 513 or teresa.heighington@raywhite.com

* Land Rates: $967 per annum
* Water rates: $345 per quarter

Property History for 8 Frederick St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$2,500,000
06 Feb 2021
  • 06 Feb 2021
    Sold for $2,500,000
  • 24 Dec 2020
    Listed for Sale Auction
  • 20 Apr 2020
    Sold

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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 5,876 properties. Over the last 5 years, Houses in Merewether have seen a 67.87% increase in median value, while Units have seen a 48.07% increase. As at 30 November 2024:

  • The median value for Houses in Merewether is $1,900,031 while the median value for Units is $860,534.
  • Houses have a median rent of $788 while Units have a median rent of $580.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 266 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.