12/28 Railway Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

12/28 Railway Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 1616m2
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Property Details for 12/28 Railway St, Merewether

12/28 Railway St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1616m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
1970
Floor Size
66m2
Land Size
1616m2
Local Government
Newcastle
Lot/Plan
12/SP17965

Last Listing description (December 2018)

Offering the ultimate inner city lifestyle of convenience, this second floor apartment presents scope for modern updates and is an ideal first home or excellent investment opportunity. It's set in a conveniently located complex a stroll to the shops, beach, pubs and restaurants.

- Open plan kitchen and dining area is well-appointed

- Well equipped kitchen with electric cooking and storage

- Generous main bedroom is fitted with a large built-in wardrobe

- Second bedroom or optional study/sunroom area

- Neat and tidy combined bathroom/laundry with shower

- Privately and peacefully set in the central part of Merewether

- Allocated undercover car parking space

- Ready to live in yet offers potential to renovate and update

- Additional laundry in complex

- Just a short drive to Merewether Beach and Bar Beach

Strata levies $444pq

Property History for 12/28 Railway St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$400,000
15 Jun 2016
Listed for Rent
$280/w
04 Oct 2013
  • 15 Jun 2016
    Sold for $400,000
  • 02 Jun 2016
    Listed for Sale Price guide $380,000 - $410,000
  • 04 Oct 2013
    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 5,895 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 12 properties listed for sale, and 6 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 271 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.