SOLD
Sold on 08 Aug 2024 for $5,601,000

8 Janet Street
Merewether NSW 2291

Bedrooms: 7
Bathrooms: 2
Car spaces: 2
Land area: 1397m2
Sold By
Robinson Property
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Property Details for 8 Janet St, Merewether

8 Janet St, Merewether is a 7 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1397m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 7 bedroom House sold in Merewether in the last 12 months.

Building Type
House
Land Size
1397m2
Local Government
Newcastle
Lot/Plan
1/DP210515

Last Listing description (September 2024)

Experience an unparalleled opportunity to own a piece of history in prestigious Janet Street, a barefoot stroll from the sand and surf at Merewether Beach. Built around 1924 on a rare double block totalling 1397sqm, this late Federation property boasts rich historical significance. Formerly a convent owned by Our Lady's Nurses for the Poor (the Brown Sisters), this double brick residence and its former tennis court are now ready to welcome only their third custodian.

The possibilities here are as vast as they are exciting. Envision transforming this solidly built home with its charming period features into a modern sanctuary for a growing family, complete with 21st-century amenities. Consider the potential of adding a luxurious pool, reinstating the tennis court, or expanding with additional garaging or a studio/granny flat. There's even the tantalising prospect of subdividing the block to create a second dwelling or tapping into Newcastle's booming tourism industry (all STCA).

No matter your vision, the lifestyle this property offers is truly beyond compare. Imagine being just steps away from the beach and iconic ocean baths. Enjoy morning swims, catch afternoon surfs, and conclude your day with dining and drinks at Merewether Surfhouse or Beach Hotel.

- Approx. block dimensions 30.48m X 45.86m / 45.83m, zoned R2, NE aspect
- Original features include leadlight French doors, 3.4m ceilings, wrap-around verandah
- Currently configured as seven bedrooms, two bathrooms, deconsecrated chapel, parlour, contemporary kitchen, lounge and dining rooms

History

In 1923, local pharmacist, Athol Greentree and his wife, Olive Greentree, purchased the vacant block of land at 8 Janet Street. In the following year, the Greentrees built a four bedroom home and tennis court on the land. The property was named 'Meekatharra,' an Aboriginal word meaning 'place of little water.'

In the early 1960s, the Trustees for Our Lady's Nurses for the Poor (the Brown Sisters) purchased 'Meekatharra', from Mr. and Mrs. Greentree for 8500. The Convent was officially opened
and extensions were added at the rear of the property in 1969. For over 60 years, the Brown Sisters lived in the convent and served the sick, poor, lonely, and destitute in the Newcastle area. The annual fete was held for over 45 years on the former tennis court. Sister Margaret Mary Birgan, the last of the Brown Sisters to live in the convent, fondly called the property 'Paradise.'

Property History for 8 Janet St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$5,601,000
08 Aug 2024
  • 08 Aug 2024
    Sold for $5,601,000
  • 29 May 2024
    Listed for Sale EOI Closing 31st July 2024

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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 5,872 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 28 properties listed for sale, and 7 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 253 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.