16/138-140 Morgan Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
 
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16/138-140 Morgan Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 1763m2
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Property Details for 16/138-140 Morgan St, Merewether

16/138-140 Morgan St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 1763m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1979
Floor Size
68m2
Land Size
1763m2
Local Government
Newcastle
Lot/Plan
16/SP14805

Last Listing description (December 2023)

Located mere moments from the beach and within easy walking distance of pubs, clubs, cafes and restaurants, this second-floor Merewether unit is all about lifestyle.

Presenting a value packed opportunity for first-home buyers, prospective or seasoned investors, it ticks all the boxes for a low-maintenance, lock-up-and-go lifestyle where the biggest decision you'll face is where to grab your morning coffee before checking out the surf.

It offers two good sized bedrooms including a built-in robe to the master, a central bathroom with a large corner bath and separate shower, plus open-plan living and dining. The tidy yet spacious kitchen features a stainless steel oven and electric cooktop and ample bench space.

From the living area, sliding doors spill onto a private balcony from where you can watch the sun rise and take in the city views.

Tucked away in a sturdy brick-and-tile complex just a 10-minute walk from IGA Merewether for all your essentials, inner-city living doesn't get much simpler and carefree than this.

- Single lock-up garage for secure off-street parking
- Private laundry facilities off garage
- Reverse cycle air-conditioning in living/dining area
- 650m from Merewether Bowling Club
- 1.7km from The Junction Village
- 1.8km from Merewether Beach and Blue Door Kiosk

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Property History for 16/138-140 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$635,000
20 Oct 2023
Listed for Rent
$495/w
04 Apr 2023
  • 20 Oct 2023
    Sold for $635,000
  • 25 Aug 2023
    Listed for Sale Guide $650,000
  • 27 Feb 2023
    Listed for Rent $495 / 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 5,894 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 5 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 269 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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