2/54 Patrick Street, Merewether, NSW 2291 | Townhouse for sale | OnTheHouse
 
FOR SALE
$1,000,000 to $1,100,000

2/54 Patrick Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Stylish Coastal Living

TURN-KEY TOWNHOUSE WITH MODERN UPGRADES & PRIME LOCATION
Discover the ultimate blend of style, comfort and lifestyle convenience in this beautifully renovated townhouse, peacefully positioned in a boutique complex of only four homes. Bathed in natural light and designed for relaxed coastal living, this exceptional property is just a level walk to cafes, beaches and shops — truly a rare offering in one of Newcastle's most sought-after suburbs.
Inside, the spacious open-plan living area features large windows capturing refreshing coastal breezes, creating an inviting space for daily living and entertaining. The contemporary kitchen is a standout with quality appliances including an induction cooktop, pyrolytic oven, dishwasher and generous storage — including an appliance cupboard to keep benchtops clutter-free.
Flow through to your private landscaped courtyard, complete with a low-maintenance lawn for your furry friend and a doggy door for easy outdoor access. Come home from the beach and rinse off in your hot and cold outdoor shower — perfect after a swim or surf.
Upstairs you'll find two generous bedrooms with built-in wardrobes, ceiling fans and split system air conditioning. The master bedroom opens to a balcony where you can hear the ocean and savour the laid-back coastal lifestyle year-round. A stylish modern bathroom upstairs is complemented by a handy second toilet downstairs.
Investment & Financial Details:
- Tenanted on an expired lease paying $750 per week
- Strata rates: $1,298.60 per quarter
- Council rates: $627 per quarter
Property Features:
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Property Details for 2/54 Patrick St, Merewether

2/54 Patrick St, Merewether is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Avery Real Estate - TORONTO.

Building Type
Townhouse
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About Merewether 2291

The size of Merewether is approximately 6.4 square kilometres. It has 19 parks covering nearly 49.5% of total area. The population of Merewether in 2016 was 10964 people. By 2021 the population was 11788 showing a population growth of 7.5% in the area during that time. The predominant age group in Merewether is 20-29 years. Households in Merewether are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Merewether work in a professional occupation.In 2021, 64.80% of the homes in Merewether were owner-occupied compared with 63.30% in 2016.

Merewether has 5,898 properties. Over the last 5 years, Houses in Merewether have seen a 60.67% increase in median value, while Units have seen a 43.15% increase. As at 31 December 2025:

  • The median value for Houses in Merewether is $2,095,317 while the median value for Units is $934,974.
  • Houses have a median rent of $800 while Units have a median rent of $620.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 272 properties were sold in the past 12 months in Merewether.

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Leah Avery
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Peter Carter
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Avery Real Estate - TORONTO
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