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Sold on 23 Oct 2023 - Price Unavailable

505/5 Merewether Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
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Property Details for 505/5 Merewether St, Newcastle

505/5 Merewether St, Newcastle is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Apartment sold in Newcastle in the last 12 months.

Building Type
Apartment
Floor Size
98m2
Local Government
Newcastle
Lot/Plan
21/SP105133

Last Listing description (October 2023)

Fresh off their triumphant victory at the 2023 NSW Architecture Awards in the Residential Architecture – Multiple Housing category, 'The Crossing' apartment complex offers the perfect fusion of convenience and elegance. Nestled on the fifth floor, this bright and airy two bedder, in the northwest corner, boasts a delightful blend of style and sophistication. Adorned with high-end finishes and a dash of industrial charm with a concrete ceiling and sleek black track lights, this home flaunts an impressive open plan layout flowing freely to a wrap-around balcony capturing views over Newcastle Museum and glimpses of the water.

Elevate your living experience with the allure of timber floors, custom curtains, and an island kitchen that boasts not just style but practicality, thanks to the extra power points, sleek Smeg cooking appliances, and the seamlessly integrated fridge/freezer. With two hotel-inspired bathrooms, two side-by-side parking spaces and an oversized storage cage, this is your golden ticket to experience the finer side of life, right where the city meets the harbour.

Delight in waterside dining, leisurely strolls between Newcastle Interchange and sun-kissed Nobbys Beach and immerse yourself in the vibrant nightlife and entertainment that awaits at Civic Square, Honeysuckle, and the city's best eat-street at Darby Street.

Bottom of Form

- Open plan living with outdoor flow to harbour and city view terrace
- Engineered timber floors to living area, 100 per cent pure wool carpet to bedrooms
- Island kitchen with stone benches, Smeg induction cooktop, electric oven, semi integrated dishwasher, integrated Fisher & Paykel fridge/freezer
- Euro laundry with dryer
- Ducted air-conditioning provides climate control
- Two bedrooms with built-in robes and custom curtains
- Two bathrooms with rainmaker shower, in wall toilets, face level storage
- Two parking spaces and large storage locker
- 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

Outgoings:
Council: *$1,248pa
Water: *$885pa + usage
Strata: *$4,906pa
* approximates only

(We have obtained all information used in the preparation of this document from third party sources however, we cannot guarantee the accuracy or currency of this information. Prospective purchasers and their advisors are advised to carry out and rely their own enquiries and investigations in relation to the information in this document and the property it concerns.

Property History for 505/5 Merewether St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
23 Oct 2023
  • 23 Oct 2023
    Sold for $1,125,000
  • 15 Sep 2023
    Listed for Sale $1,050,000 - $1,150,000
  • 11 Mar 2021
    Sold for $899,000

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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 5,102 properties. Over the last 5 years, Houses in Newcastle have seen a 39.10% increase in median value, while Units have seen a 38.65% increase. As at 30 September 2024:

  • The median value for Houses in Newcastle is $1,716,598 while the median value for Units is $930,146.
  • Houses have a median rent of $750 while Units have a median rent of $660.
There are currently 34 properties listed for sale, and 13 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 295 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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Thomas Hook
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Ben Jarvis
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Walkom Real Estate
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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.