1/48 Edward Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

1/48 Edward Street
Merewether NSW 2291

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 156m2
Land area: 216m2
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Property Details for 1/48 Edward St, Merewether

1/48 Edward St, Merewether is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 216m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2019
Floor Size
156m2
Land Size
216m2
Local Government
Newcastle
Lot/Plan
2/SP99912

Last Listing description (November 2020)

Just over 12 months old, this contemporary townhouse provides a warm, welcoming sanctuary from the outside world. Staged over three practical levels crowned by the open plan living, dining and kitchen zone and a choice of alfresco areas to relax and entertain, you will love the ocean and city view balcony at the front, just as much as you will love the utterly private deck at the rear. 3-bedroom and 2-bathroom accommodation are zoned together on the mid-level while a single garage and storage on entry ties the bow. The child-friendly cul-de-sac is just a few steps from West Park and Merewether Public School. From here it is five minutes to The Junctions shops, eateries and schools and a quick dash to the beach. A readymade investment with a happy tenant keen to stay, the opportunity to buy one or both properties with the concurrent sale of house 2 is a rare find for investors.

- One of two townhouses completed 2019
- Flowing open plan living with timber floors and seamless alfresco flow front and rear

- Master bedroom with walk-in robe and shower ensuite catches ocean views
- Two further robed bedrooms with ceiling fans share the full-size main bathroom
- Caesarstone island kitchen with 900m gas cooktop, electric oven and dishwasher
- Ducted air-conditioning provides climate control
- Laundry with handy powder room
- Available with vacant possession or with happy tenants, currently returning $680pw
- 2.5km to both Bar beach and Merewether Beach; 5km to Westfield Kotara

Property History for 1/48 Edward St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,006,391
09 Nov 2020
Listed for Rent
$680/w
09 Jul 2019
  • 09 Nov 2020
    Sold for $1,006,391
  • 09 Sep 2020
    Listed for Sale $990,000 - $1,080,000
  • 05 Jun 2019
    Listed for Rent $680 / 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 5,896 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 5 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 272 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.