2/51 Mitchell Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

2/51 Mitchell Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 32m2
Land area: 61m2
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Property Details for 2/51 Mitchell St, Merewether

2/51 Mitchell St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 61m2 and floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1960
Floor Size
32m2
Land Size
61m2
Local Government
Newcastle
Lot/Plan
2/SP89417

Last Listing description (October 2023)

First home buyers or savvy investors, you won't want to miss this fantastic opportunity! Situated in a boutique block of four, this stylish ground-floor apartment offers low-maintenance living just 500m from Merewether Beach. Polished floorboards bring character to the open plan kitchen, living, and dining area, while the generously-sized bedroom includes a built-in robe. An updated bathroom services the air-conditioned unit, and you're also treated to a private, paved courtyard for outdoor relaxation and a designated, covered car park.

Enticingly, explore your options to purchase a second unit in this renovated building. A top-floor apartment is also for sale, providing a pathway to future financial prosperity.

Situated in a central location, embrace a "walk-everywhere" Merewether lifestyle. There's no fighting for car parks at local beaches or shopping centres, plus enjoy nights out at nearby local bars and restaurants, minus the Uber fare home. Parks, sporting fields, cafes, and public transport are also plentiful and accessible on foot, cementing this as a premium locality.

Property Specifications:
- Stylish ground floor apartment, approx. 500m from Merewether Beach
- Boutique block of four, with building fully renovated approx. 10 years ago
- Ideal opportunity for investors or first home buyers
- Secure one or both, with a second apartment available for sale
- Open plan kitchen, living and dining, offset by polished floorboards
- Generously sized bedroom includes a built-in robe
- Updated bathroom
- Private, paved courtyard
- Air-conditioning
- Designated covered car park
- Walk to vibrant shopping and dining precincts, Junction Fair (700m) and Junction Village (900m)
- Parks, sporting fields, cafes, restaurants and bars are also within walking distance

Property History for 2/51 Mitchell St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$540,000
25 Oct 2023
Listed for Rent
$340/w
13 Nov 2014
  • 26 Oct 2023
    Listed for Sale SOLD - Price Withheld
  • 25 Oct 2023
    Sold for $540,000
  • 12 May 2017
    Sold for $412,500
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About Merewether 2291

The size of Merewether is approximately 6.4 square kilometres. There are 19 parks, covering nearly 49.5% of the 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 5,902 properties. Over the last 5 years, Houses in Merewether have seen a 27.83% increase in median value, while Units have seen a 39.62% increase. As at 31 May 2026:

  • The median value for Houses in Merewether is $2,090,116 while the median value for Units is $977,128.
  • Houses have a median rent of $990 while Units have a median rent of $640.
There are currently 19 properties listed for sale, and 13 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.