SOLD
RECENT ADVICE
Sold on 09 May 2024 for $565,000

9/51 Morgan Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 80m2
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Property Details for 9/51 Morgan St, Merewether

9/51 Morgan St, Merewether is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Merewether in the last 12 months.

Building Type
Apartment
Land Size
80m2

Last Listing description (May 2024)

Auction Location: 2/16 Telford Street, Newcastle East & Live via Buy.Realtair.com

Located in the beachside suburb of Merewether, this well-kept unit offers a coastal lifestyle and convenience. Situated on Morgan Street, the one-bedroom property is located on the second floor of the complex and is positioned close to The Junction Shopping Village, Newcastle's beautiful beaches and local pubs including The Mary Ellen Hotel and The Prince of Wales.

Providing a welcoming atmosphere upon entering, you'll enjoy an open plan living, dining and kitchen area with tiling underfoot. The functional kitchen features an electric cooktop, stylish splash back, breakfast bar and plenty of cupboard storage. A delightful balcony also provides the perfect spot to enjoy a morning coffee. The spacious bedroom is light and bright and features a mirrored built-in robe and positioned adjacent to the neat and tidy bathroom.

If you're after a prime investment in a sought-after location or a young professional wanting to enjoy beachside living, this immaculate unit is an ideal choice.

- Immaculate one bedroom unit
- Air-conditioned open plan living, kitchen and dining area
- Near and tidy bathroom
- Immaculate kitchen with two-seater breakfast bar
- Good sized balcony
- Linen cupboard
- Secure single garage and laundry
- Highly sought after area close to all lifestyle amenity

Outgoings:

Water rates - $796 per annum approx.*
Council rates - $1,632 per annum approx.*
Strata rates - $801 per quarter approx.*

This property is being sold under the Friendly Auction System.

An independent strata inspection report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction.

Flexible deposit and settlement conditions are also available by negotiation with the agent if required.

Offers can also be made prior to auction and each offer will be assessed on its merits.

Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.

Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

Property History for 9/51 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$565,000
09 May 2024
Listed for Rent
$420/w
05 Jul 2022
  • 09 May 2024
    Sold for $565,000
  • 10 Apr 2024
    Listed for Sale $495,000 - $544,500 Friendly Auction
  • 14 Jun 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 5,766 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 28 properties listed for sale, and 13 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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Contact agent
Ryan Houston
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Gabrielle Coleman
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Presence Newcastle, Lake Macquarie, Central Coast & Hunter
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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.