SOLD
RECENT ADVICE
Sold on 16 May 2024 for $900,000

401/5 Merewether Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 401/5 Merewether St, Newcastle

401/5 Merewether St, Newcastle is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit

Last Listing description (May 2024)

Nestled on the fourth floor of the award-winning 'The Crossing' complex, this two-bedroom apartment effortlessly blends style with sophistication. It boasts top-notch finishes and a hint of industrial flair, highlighted by engineered timber floors, an eye-catching concrete ceiling and sleek black track lights. The airy layout seamlessly connects to a generous alfresco terrace, perfect for soaking up the morning rays and the invigorating sea breeze. The island kitchen not only exudes style but also offers practicality, courtesy of the stylish Smeg cooking appliances and seamlessly integrated fridge/freezer. Complete with a fully tiled shower bathroom, Euro laundry, and two tandem parking spots plus storage shed and communal rooftop, this is urban living at its finest. You couldn't ask for a better spot than The Crossing—it's like living right at the crossroads of city excitement and harbourside charm. Just a leisurely stroll away, you've got Honeysuckle and Darby Street perfect for all day dining or a night out. Plus, with the city's famed beaches, swanky new hotels, and live shows at Civic Theatre nearby, the fun never ends!

- Open plan living with outdoor flow to a large east facing terrace for dining and relaxation
- Engineered timber floors and ducted a/c throughout

- Island kitchen with stone benches, Smeg induction cooktop, electric oven, semi integrated dishwasher, integrated Fisher & Paykel fridge/freezer
- Euro laundry with dryer
- Two carpeted bedrooms with built-in robes, one opens to the terrace
- Bathroom with shower, in wall toilet, face level storage, terrazzo tiles
- Tandem parking spaces, storage locker, communal rooftop entertaining area
- On your doorstep enjoy Honeysuckle Entertainment Precinct, Civic Square, Civic Park, Darby Street and the light rail for travel between Newcastle Beach and the Interchange

- Council Rates: Approx. $1,500 p/a
- Water Rates: Approx. $850 p/a + usage
- Strata Rates: Approx. $5,800 p/a
- Estimated Rental Return: $780 - $820 per week

Disclaimer:
All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.

Property History for 401/5 Merewether St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$900,000
16 May 2024
Listed for Rent
$800/w
11 Apr 2023
  • 16 May 2024
    Sold for $900,000
  • 17 Apr 2024
    Listed for Sale Guide $880,000 - $950,000
  • 28 Mar 2023
    Listed for Rent $800 / 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 5,138 properties. Over the last 5 years, Houses in Newcastle have seen a 44.29% increase in median value, while Units have seen a 34.78% increase. As at 30 November 2024:

  • The median value for Houses in Newcastle is $1,707,409 while the median value for Units is $937,865.
  • Houses have a median rent of $830 while Units have a median rent of $690.
There are currently 33 properties listed for sale, and 22 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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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.