1/49 Morgan Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
 
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1/49 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 2061m2
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Property Details for 1/49 Morgan St, Merewether

1/49 Morgan St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2061m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1970
Floor Size
69m2
Land Size
2061m2
Local Government
Newcastle
Lot/Plan
13/SP33151

Last Listing description (November 2024)

Delivering outstanding lifestyle benefits, this freshly schemed villa style unit in a complex of only four certainly sets the scene for the ultimate in beachside living. Free-flowing and enjoying a modernised kitchen and neat-as-a-pin bathroom, every inch of its interior exudes comfort, with its low-maintenance floorplan showcasing two bedrooms and open-style living. With smooth flow out to a patio and a rare grassed lawn plus a lock-up single garage, here is a quality base to call home or a great earner to add to your property portfolio, all within a block of Souths Leagues Club, The Prince of Wales Hotel, the Mary Ellen Hotel and Llewelyn Street shops.

* Open living/dining area smoothly connects to the alfresco area and yard
* Modern kitchen offering great prep space, plenty of storage and breakfast bar
* Both bedrooms boast a ceiling fan, the large main includes a built-in robe
* Neat and fully tiled bathroom features a walk-in shower
* Neutral colour palette makes it a breeze to add your personal style
* Lock up single garage to keep the car off the street or for bike/tool storage
* Straightforward 1100m walk, cycle or drive to Merewether beach and baths
* Close to The Beaches Hotel, Merewether Surfhouse, Blue Door Caf
* Quick drive into the CBD for galleries, world-class restaurants, Civic Theatre

Council Rates: $1,840 PA approx
Water Rates: $750 + Usage PA approx
Strata Levies: $1,198 PQ approx
Rental Potential: $550 PW approx

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Property History for 1/49 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$660,000
06 Aug 2024
Listed for Rent
$550/w
09 Sep 2024
  • 26 Aug 2024
    Listed for Rent $550 / week
  • 06 Aug 2024
    Sold for $660,000
  • 11 Jul 2024
    Listed for Sale $650,000 - $700,000
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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 5,893 properties. Over the last 5 years, Houses in Merewether have seen a 58.85% increase in median value, while Units have seen a 44.67% increase. As at 30 November 2025:

  • The median value for Houses in Merewether is $2,078,058 while the median value for Units is $919,279.
  • Houses have a median rent of $800 while Units have a median rent of $620.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 265 properties were sold in the past 12 months in Merewether.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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