OFF MARKET

306/4 Merewether Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 6 Jan 2025
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Property Details for 306/4 Merewether St, Newcastle

306/4 Merewether St, Newcastle is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Newcastle

Last Listing description (February 2022)

Located in Newcastle CBD and sitting approximately 150m from the waterfront providing an amazing location within close proximity to Restaurants, Cafes & Beaches we are proud to present these new affordable housing apartments. Features include;
2 bedroom apartment with built in wardrobes
Modern bathroom & ensuite

Modern kitchen
Internal laundry
Private balcony
Lift access
Security intercom
Split system air conditioning
Storage cage

To be eligible for this property under the NRAS scheme you will need to meet the following criteria;

- Must be Australian citizen or permanent resident
- Not own any property or land in Australia or Overseas

Annual gross income must be under the below amount (based on household members)
Single Adult $52,795
Two Adults $72,993
Three Adults $93,191
Sole Parent + 1 Child $73,044
Sole Parent + 2 Children $90,558
Sole Parent + 3 Children $108,072
Couple + 1 Child $90,507
Couple + 2 Children $108,021
Couple + 3 Children $125,535

*Other household complements may apply, income criteria will vary based on the amount of household members.
**Applicants will be required to supply supporting documents to determine applicant eligibility

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries. Photos used in this ad may be an example of the available apartment only and the actual property may differ.

For further questions contact Echo Realty on 1800 693 246

Property History for 306/4 Merewether St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Listed for Rent
$404/w
22 Feb 2022
  • 14 Jan 2022
    Listed for Rent $404 / week

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About Newcastle 2300

The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2011 was 2,384 people. By 2016 the population was 2,752 showing a population growth of 15.4% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation. In 2011, 44.1% of the homes in Newcastle were owner-occupied compared with 45.7% in 2016.

Newcastle has 5,157 properties. Over the last 5 years, Houses in Newcastle have seen a 30.38% increase in median value, while Units have seen a 34.90% increase. As at 31 December 2024:

  • The median value for Houses in Newcastle is $1,586,585 while the median value for Units is $941,146.
  • Houses have a median rent of $750 while Units have a median rent of $695.
There are currently 31 properties listed for sale, and 21 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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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.