89 City RoadMerewether NSW 2291
Property Details for 89 City Rd, Merewether
89 City Rd, Merewether is a bedroom, bathroom House. The property has a land size of 1726m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other bedroom House sold in Merewether in the last 12 months.
Last Listing description (October 2008)
EXPOSED PLATINUM APPROVED CAR WASH CAFE.
PERFECTLY LOCATED APPROXIMATELY 3KMS/ 5 MINS APPROX FROM THE HEART OF THE NEWCASTLE CBD A MORE IDEAL/CENTRAL. LOCATION IN THE 'RIGHT' LOCATION IS RARE TO FIND.
THE PACIFIC HIGHWAY BECOMES CITY ROAD AS YOU APPROACH NEWCASTLE PROVIDING EXPOSURE TO MORE THAN 8 MILLION CARS EVERY YEAR (RTA 2004).
•GREAT EXPOSURE TO CITY ROAD/ PACIFIC HIGHWAY.
•ONE OF THE MAIN ARTERIAL ROADS INTO NEWCASTLE CBD ONLY 5 MINS - 3KMS AWAY.
•BUSINESS PLAN AND REPORTS AVAILABLE TO INTERESTED PARTIES.
•OPPORTUNITY TO CAPTURE THE MARKET - PROBABLY ONLY ONE OF ITS KIND IN CLOSE PROXIMITY TO THE NECASTLE CBD.
Property History for 89 City Rd, Merewether, NSW 2291
- 22 Dec 2023Sold for $3,150,000
- 20 Nov 2008Sold for $1,150,000
- 21 Feb 2008Listed for Sale $1,200,000
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0About 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.
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