1/122-124 Morgan Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

1/122-124 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1022m2
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Property Details for 1/122-124 Morgan St, Merewether

1/122-124 Morgan St, Merewether is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1980. The property has a land size of 1022m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Townhouse
Year Built
1980
Floor Size
60m2
Land Size
1022m2
Local Government
Newcastle
Lot/Plan
1/SP20019

Last Listing description (March 2025)

Looking for an affordable entry into the best of the beachside? We are delighted to present this spacious, light-filled 2-bedroom unit in an ultra-convenient location. Equally appealing to homeowners & investors, this residence offers relaxed beachside living, while securing your investment in the popular coastal setting of Merewether.

Immediately on entering, you will sense a light & airy ambience emanating from the spacious & inviting open plan living room, where the soft play of light from dual aspect windows highlights the freshly painted interior & emphasises the luxurious soft new carpet underfoot. Adjoining this space, a gleaming stone-topped kitchen beckons the avid chef & offers stainless steel appliances, dble pantry & ample bench space to spread out on while whipping up a royal feast.

Down the hallway you will find two generously sized dble bedrooms, the first with light-filled windows & built-in robes & the second bedroom with a sliding door leading to a private balcony retreat - the ideal morning spot to sit & enjoy a cup of your favourite beverage while the world wakes up around you. A cheerful tiled bathroom with shower is shared by these rooms & incorporates full laundry facilities.

As an added bonus your vehicle will be securely accommodated too, with a lock-up garage located directly underneath the unit.

Living your best life will be easy here. While ideally situated to lock up & leave, you can also stay & play with close proximity to The Junction's hip bars & restaurants & a selection of Newcastle's famous beaches. Grab your towel & go for a swim or surf after work to unwind, or pull on your activewear to get your heart rate up on any of the numerous walking paths.

Our favourite features include:
Spacious light-filled unit in a quiet complex of only 10
Immaculately presented with fresh paint & new carpet in living & bedrooms
Generously sized living/dining room, with reverse cycle AC
Gleaming stone-topped kitchen, with tiled splashback, large pantry, SS appliances & plentiful cupboard & bench-space
Two spacious dble bedrooms, the first with BIR & the second with its own balcony retreat
Great-sized bright bathroom with shower & full laundry facilities
Secure lock-up garage/storage underneath
Very central location, easy access to the beach, bars, restaurants & specialty shopping & a quick zip up the highway to major arteria routes.

Council rates are $377 p/qtr approx, Strata is $835.93 p/q approx

Property History for 1/122-124 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$692,000
18 May 2022
Listed for Rent
$375/w
08 May 2019
  • 18 May 2022
    Sold for $692,000
  • 12 May 2022
    Listed for Sale $692,000
  • 08 May 2019
    Listed for Rent $375 / week
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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 5,899 properties. Over the last 5 years, Houses in Merewether have seen a 38.47% increase in median value, while Units have seen a 42.13% increase. As at 31 March 2026:

  • The median value for Houses in Merewether is $2,101,917 while the median value for Units is $966,382.
  • Houses have a median rent of $980 while Units have a median rent of $630.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 268 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.