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Sold on 08 May 2024 - Price Unavailable

98 Ridge Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 568m2
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Property Details for 98 Ridge St, Merewether

98 Ridge St, Merewether is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 568m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Merewether in the last 12 months.

Building Type
House
Land Size
568m2

Last Listing description (May 2024)

Placed upon a pancake flat 568sqm parcel and located in blue-chip Merewether, this spick-and-span home ignites the imagination with its unlimited future options. Tightly held for over 30 years, you could easily keep the home for yourself or as an investment, it's freshly presented and ready to serve your interests for years to come. Alternatively keep the current home and do a significant extension, knock it down to rebuild a family masterpiece with all the extras, or add a granny flat at the rear for a dual-occupancy income (STCA). A brilliant springboard into a sought-after suburb, its current configuration is neat and compact, offering two bedrooms, a large lounge room, and a dining area off the kitchen.

* Brick and tile home on a 568 sqm block, north easterly aspect to rear
* Bright and inviting, the home is freshly presented and move-in ready

* Compact two-bedroom footprint with A/C to lounge and bedroom one
* Neat gas-equipped kitchen, full bathroom with separate shower and bath
* One block from a cluster of local shops, including an IGA and post office
* Easy walk to cafes, a bakery, Merewether bowling club and Souths Leagues
* 900m to iconic Merewether beach, baths, and Merewether Surf house
* Knock-down re-build or renovate the existing home, the choice is yours.

Council Rates: $4,044 PA approx
Water Rates: $908 + Usage PA approx
Rental Potential: $700 PW approx

Property History for 98 Ridge St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
08 May 2024
Listed for Rent
$700/w
07 Jun 2024
  • 29 May 2024
    Listed for Rent $700 / week
  • 30 Apr 2024
    Sold for $1,600,000
  • 03 Apr 2024
    Listed for Sale For Sale $1,790,000
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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 19 properties listed for sale, and 4 properties listed for rent in Merewether on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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Contact agent
Andrew McGavin
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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.