2/42 Morgan StreetMerewether NSW 2291
Property Details for 2/42 Morgan St, Merewether
2/42 Morgan St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 69m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (October 2019)
Perfectly positioned in the heart of Merewether is this ground floor unit which soaks up a North/East aspect. The area has always been sought after for the lifestyle which is easy to see why when there is so much at your fingertips. Take your pick of venues to socialise with friends at The Mary Ellen, Souths, Burwood or The Prince of Wales.
An easy level 5 minute stroll will bring you into The Junction, and taking a direct route down Berner Street will lead you onto Merewether Beach. This is a great opportunity for an investor to add to their portfolio to take over the existing tenancy in place.
The unit offers a spacious open plan and sun drenched living space which flows off the kitchen nook.
Presenting itself neat and tidy throughout to leave as is or there is potential to add value throughout.
* Great sized bedroom at rear of unit which offers external access.
* Recently updated bathroom with combined laundry facilities.
* Fantastic rental return at $315 pw, happy tenant wishing to stay on.
* Small boutique development block in good condition.
* Single carport space at back of complex.
Outgoing expenses.
Strata rates $670.43pq.
Council rates $327pq.
Water rates $302.26 approx every 3 months.
* Agent declares interest.
For more information or to arrange a private viewing please contact the selling agent Chris Arnold on 0419978606.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations
Property History for 2/42 Morgan St, Merewether, NSW 2291
- 09 Oct 2019Sold for $330,000
- 30 May 2019Listed for Sale $349,000 Negotiable
- 03 Nov 2017Listed for Rent $320 / week
Recent sales nearby
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0About 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.
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