SOLD
Sold on 16 Feb 2024 for $1,200,000

605/5 Merewether Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 127m2
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Property Details for 605/5 Merewether St, Newcastle

605/5 Merewether St, Newcastle is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 127m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
87m2
Land Size
127m2
Local Government
Newcastle
Lot/Plan
29/SP105133

Last Listing description (April 2024)

Immerse yourself in the heartbeat of the city with this two-bedroom modern masterpiece, where contemporary design seamlessly blends with open-plan living. The apartment's sophisticated layout extends effortlessly to an expansive entertaining area, offering breathtaking views of Newcastle Harbour. Here, each moment is infused with the dynamic energy of the city, yet the panoramic vistas provide a serene backdrop, creating a harmonious space where luxury and lifestyle converge.

Mere minutes away from the buzzing energy of Honeysuckle's eclectic cafes, bars, and restaurants, and a stone's throw from the picturesque foreshore walk, Newcastle's finest beaches, and the trendy ambiance of Darby Street the location is a haven for those seeking the perfect balance between urban convenience and coastal tranquility. 605/5 Merewether Street invites you to embrace the epitome of urban sophistication in the heart of one of Australia's most dynamic and picturesque coastal cities.

Property Highlights:

- 1 of 48 apartments located on level 6
- Spacious two-bedroom apartment with two bathrooms
- Open plan living with floor-to-ceiling windows and sliding doors taking you out onto a balcony with breathtaking views of Newcastle Harbour
- Floating floorboards flow throughout meeting a tiled balcony
- Modern sleek white kitchen with stone bench top and backsplash
- Newly replaced Bosch induction cooktop
- Electric Smeg oven and under-counter dishwasher
- Built-in wine rack in the kitchen
- Generously sized main bathroom with shower and w/c
- Main bedroom offers a private ensuite with shower, heat lamp and w/c, ceiling fan, generously sized robe, and storage closet
- Second bedroom offers a ceiling fan and generously sized robe
- Internal neat laundry space with storage space
- Floor-to-ceiling blackout curtains throughout
- Shared rooftop and BBQ with views to Nobby headland and Newcastle Harbour
- Two secured car spaces on level 1 with an electric car charger
- Garage cage storage
- Two lifts operating
- Just 200 meters to Newcastle Foreshore offering cafes, bars, restaurants and walking tracks
- 450 mtrs to the vibrant Darby Street offering cafes, bars, restaurants and boutique shopping
- 2 kms to Nobbys Beach and Newcastle Baths

Property History for 605/5 Merewether St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,200,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $1,200,000
  • 16 Jan 2024
    Listed for Sale $1,200,000
  • 09 Jun 2021
    Sold for $959,900

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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 5,139 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 24 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 267 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.