SOLD
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Sold on 03 Dec 2024 for $2,300,000

97 Ridge Street
Merewether NSW 2291

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 709m2
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Property Details for 97 Ridge St, Merewether

97 Ridge St, Merewether is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 709m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom House sold in Merewether in the last 12 months.

Building Type
House
Land Size
709m2

Last Listing description (December 2024)

Evoking a sense of timeless style though modernly updated throughout its lifespan, this beautiful home, with charming character traits, is an excellent buying opportunity within Newcastle's favourite coastal suburb. Lovely from the street and set behind a white picket fence, a step inside reveals a welcoming home featuring a modernised kitchen and bathroom, formal and informal living areas, a casual dining space and three bedrooms. Outside is what really sets this home apart, offering a hard-to-find lovely, big backyard where you could extend the home and add all the extras, or construct a second dwelling (STCA). Raising its appeal further, this central address places Merewether Beach and Baths and the upbeat vibe of The Junction nearby, along with corner pubs, hip cafes, and restaurants all on your doorstep.

* Proudly and lovingly maintained by one family for the last 60 years
* Brick and weatherboard built home with beautiful street appeal in a location for the lifestyle-conscious
* Two separate living rooms plus a dining space off the neat gas-equipped kitchen
* Three double bedrooms (one robed) serviced by a well-presented shower bathroom
* Elegant and neutral tones allow you to easily add your signature style
* Decorative ceilings, fretwork archway, art deco sliders, brick fireplace
* Double carport on the side driveway with access through to the lovely, big backyard
* Consider the backyard's future – add a dwelling (STCA) or transform for private use
* Two blocks from a cluster of local shops, including an IGA and post office
* Easy walk to cafes, a bakery, Merewether bowling club, Souths Leagues club.
* Close proximity to The Junction Public School and Holy Family Primary School
* 900m to The Beach Hotel, Merewether Surfhouse and iconic Merewether Beach

Council Rates: $4,496 PA approx
Water Rates: $895 + Usage PA approx
Land Size: 709m2 approx
Rental Potential: $950 PW approx

Property History for 97 Ridge St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$2,300,000
03 Dec 2024
  • 09 Dec 2024
    Listed for Rent $950 / week
  • 03 Dec 2024
    Sold for $2,300,000
  • 30 Oct 2024
    Listed for Sale Price Guide $2,200,000 - $2,400,000

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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 5,876 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 22 properties listed for sale, and 3 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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John Kerr
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David Phelan
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DALTON PARTNERS - The Junction
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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.