308/5 Merewether StreetNewcastle NSW 2300
Property Details for 308/5 Merewether St, Newcastle
308/5 Merewether St, Newcastle is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 504m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (March 2023)
Sitting at the heart of this transforming city, this collection of luxury residences showcases the best of both worlds class and convenience. Your chance to retreat into one of these apartments isn't one to overlook, as it not only offers footsteps to the Habourside entertainment precincts, but an elegant sanctuary for your own, creating an irresistible lifestyle.
Upon arrival, the timber floors and neutral colour palette invite you, allowing a perfect backdrop to make this space your own. With an industrial touch, the open plan living space features a concrete ceiling and black track lights. A North-Easterly aspect provides you with a light-filled kitchen that includes a dishwasher and plenty of storage.
The beautifully finished bedroom features a seamless transition from indoor to outdoor living, with this apartment being one of only a few to embody an expansive, private balcony. With floor to ceiling balcony doors and a sheltered patio, enjoy spectacular views from dawn to dusk.
Features include:
- Open plan living
- Expansive, private balcony, perfect for entertaining
- Modern kitchen with natural light
- Generously sized bedroom with built-in robe
- Secure basement parking and storage cage
- Surrounded by some of Newcastle's finest restaurants, cafes and beaches
Property History for 308/5 Merewether St, Newcastle, NSW 2300
- 20 Feb 2023Listed for Rent $600 / week
- 15 Oct 2020Sold for $485,000
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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.
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