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Sold on 01 Jul 2024 for $1,150,000

801/5 Merewether Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 801/5 Merewether St, Newcastle

801/5 Merewether St, Newcastle is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Newcastle in the last 12 months.

Building Type
Apartment
Local Government
Newcastle
Lot/Plan
41/SP105133

Last Listing description (July 2024)

Perched on the top floor with an easterly aspect, this two-bedroom apartment at The Crossing is bathed in natural light capturing stunning views across the city to Nobbys lighthouse and beyond. The sky-lit ceiling ensures that every corner is illuminated, while sliding glass doors seamlessly connect the open-plan living area and main bedroom to the covered balcony – the perfect spot to enjoy your morning cuppa as you watch the sun rise over the ocean.

The apartment features dark timber floors and a sleek island kitchen equipped with premium Smeg cooking appliances, adding a touch of elegance. You'll also find a chic bathroom, two secure parking spots, a storage shed, and access to a shared rooftop.

Located at the doorstep of Honeysuckle, this vibrant dining precinct is ideal for dinner or drinks before a show at the Civic Theatre. Nearby, you can enjoy everything from your first morning coffee to your last delicious cocktail at night. Embrace Newcastle's finest eateries, bars, and boutiques at Darby Street. With the light rail and the proximity to the University of Newcastle city campus, it's easy to see why this location is highly sought after.

- Open plan living with outdoor flow to balcony capturing Harbour and ocean views
- 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
- Ducted air-conditioning provides climate control
- Both bedrooms with built-in robes, main opens to balcony
- Bathroom with rainmaker shower and a large, mirrored cabinet
- Two separate parking spaces plus storage shed
- 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:
Water: *$729pa + usage
Council: *$1,504pa
Strata: *$6,284pa
* 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 on their own enquiries and investigations in relation to the information in this document and the property it concerns.)

Property History for 801/5 Merewether St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,150,000
01 Jul 2024
  • 01 Jul 2024
    Sold for $1,150,000
  • 07 Jun 2024
    Listed for Sale $1,150,000
  • 16 Nov 2020
    Sold for $750,000

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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 5,027 properties. Over the last 5 years, Houses in Newcastle have seen a 43.46% increase in median value, while Units have seen a 34.62% increase. As at 31 October 2024:

  • The median value for Houses in Newcastle is $1,698,065 while the median value for Units is $931,549.
  • Houses have a median rent of $720 while Units have a median rent of $690.
There are currently 45 properties listed for sale, and 9 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 259 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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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.