OFF MARKET

9 Railway Street
Merewether NSW 2291

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 217m2
Land area: 264m2
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Property Details for 9 Railway St, Merewether

9 Railway St, Merewether is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 264m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
2016
Floor Size
217m2
Land Size
264m2
Local Government
Newcastle
Lot/Plan
1/DP710836

Last Listing description (August 2023)

Perfectly located a short walk from Merewether's surf and sand and footsteps to the cool village lifestyle at The Junction, this dual storey terrace style home combines lifestyle appeal with superb potential. Radiating in warmth and natural light courtesy of its north facing aspect, it's a fine example of 1970's architectural design with spacious living and bedroom accommodation upstairs and a versatile lower level and private backyard retreat. This exciting prospect is rich with scope to renovate or rebuild and enhance for blue ribbon living and family recreation in a sought-after locale.

Spacious and light filled throughout, open plan living with a sunroom, a tidy kitchen and two bedrooms are located on the upper level serviced by a family bathroom. Downstairs there is an air-conditioned second living space, third bedroom and laundry/bathroom allowing for fully self-contained in laws accommodation or teenager's retreat. The double garage easily allows for two car accommodation plus storage.

An affordable entry into the coveted Merewether market, the exceptional convenience of being within minutes of schools, transport and everyday essentials also makes this property an appealing investment opportunity with an approximate rental return of $550 per week.

* Dual level brick and tile residence on north facing 266sqm parcel
* Prime location mere footsteps from shopping, eateries and schools at The Junction
* Simply relax and enjoy a comfortable home or update and enhance at leisure
* Living and bedroom accommodation with ducted air-conditioning is placed upstairs
* Lower level second air-conditioned living space, bedroom, bathroom and laundry
* Approximate land size of 10.67m X 25.83m with private backyard
* Tidy eat-in kitchen equipped with gas cooktop and dishwasher
* Double automatic garage with internal access; alarm system

* ONSITE AUCTION: SATURDAY 14TH NOVEMBER 2015 AT 10.00AM

FRIENDLY AUCTION SYSTEM:

This property is being sold under the revolutionary Friendly Auction System.

- An independent pest & building 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 of 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 any questions in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction, see each report for details).
- 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 it's merits.

We also have a downloadable guide available at www.prdnewcastle.com.au

Property History for 9 Railway St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,675,000
09 May 2019
Listed for Rent
30 Sep 2014
  • 11 Aug 2023
    Listed for Sale Not Disclosed
  • 09 May 2019
    Sold for $1,675,000
  • 19 Feb 2018
    Listed for Sale $1,750,000 - $1,850,000
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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 5,779 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 24 properties listed for sale, and 9 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 243 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.