1/5 Merewether Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

1/5 Merewether Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/5 Merewether St, Merewether

1/5 Merewether St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Year Built
1979
Local Government
Newcastle
Lot/Plan
1/SP14019

Last Listing description (January 2018)

Easy-Care Investment or First Home

If you are looking for an affordable first home or a solid investment then look no further. This two bedroom apartment offers an easy-care low maintenance lifestyle just a stroll from Merewether Beach and The Junction's vibrant cafes, restaurants and boutiques.
* First floor apartment in well maintained complex.
* Bright interiors dressed in fresh neutral tones.

* Open plan living and dining with N/E facing balcony.
* Generous sized bedrooms, main with balcony.
* Well kept original kitchen and bathroom.
* Lock up garaging for one vehicle plus laundry.
* Affordable buying so close to beach and The Junction.
Council Rates: $TBA PA approx.
Water Rates: $596 +Usage PA approx.
Strata Levies: $661.50 PQ approx.
Rental Potential: $360 PW approx.

Property History for 1/5 Merewether St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$550,000
18 Jan 2018
  • 18 Jan 2018
    Sold for $550,000
  • 15 Dec 2017
    Listed for Sale $500,000 - $550,000
  • 24 Feb 2017
    Listed for Rent - Price not available
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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 5,894 properties. Over the last 5 years, Houses in Merewether have seen a 62.52% increase in median value, while Units have seen a 41.71% increase. As at 31 October 2025:

  • The median value for Houses in Merewether is $2,021,412 while the median value for Units is $899,877.
  • Houses have a median rent of $800 while Units have a median rent of $605.
There are currently 16 properties listed for sale, and 4 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.