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Sold on 19 Jan 2024 for $1,300,000

806/5 Merewether Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
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Property Details for 806/5 Merewether St, Newcastle

806/5 Merewether St, Newcastle is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Apartment sold in Newcastle in the last 12 months.

Building Type
Apartment
Floor Size
94m2

Last Listing description (January 2024)

Life in Newcastle's CBD at the intersection of where the city meets the harbour is hard to beat, and this light-filled two bedroom apartment places you directly in its heartland. Positioned on the penthouse level 8th floor of "The Crossing" and north-facing, prepare to be captivated as floor-to-ceiling glass bestows panoramic views that stretch across the harbour basin to Nobbys and the bobbing masts at Newcastle Yacht Club.

A sky-lit ceiling ensures every nook enjoys plenty of natural light, and sliding doors smoothly connect the open plan living space to the outdoor terrace. Dark herringbone floors and a sleek island kitchen bring a dash of elegance, complete with top-notch Smeg cooking appliances. You'll find two chic bathrooms, along with side-by-side parking spots, storage shed, and a shared rooftop.

Positioned on the doorstep of Honeysuckle, this bustling dining precinct is the perfect place to grab dinner or drinks before catching a show at the Civic Theatre. Nearby, you'll find everything from the first coffee of the day to your last delicious cocktail at night. Lively Embrace Newcastle's best eateries, bars and boutiques at Darby Street. Factor in the light rail and proximity to the University of Newcastle city campus and it's easy to see why this location is so sought-after.

- Open plan living with outdoor flow to harbour 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
- Ducted air-conditioning provides climate control
- Both bedrooms with built-in robes, one opens to terrace
- Two bathrooms with rainmaker shower and a large, mirrored cabinet
- Two parking spaces, 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:
Council: *$1,550pa
Water: *$759pa + usage
Strata: *$6,445pa
* 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 806/5 Merewether St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,300,000
19 Jan 2024
Listed for Rent
$790/w
09 Jun 2023
  • 19 Jan 2024
    Sold for $1,300,000
  • 15 Dec 2023
    Listed for Sale $1,300,000
  • 24 Apr 2023
    Listed for Rent $790 / 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 5,139 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.

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Thomas Hook
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Ben Jarvis
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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.