2/54 Patrick Street, Merewether, NSW 2291 sold on 02 March 2026 | OnTheHouse
 
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Sold on 02 Mar 2026 for $1,100,000

2/54 Patrick Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/54 Patrick St, Merewether

2/54 Patrick St, Merewether is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Townhouse sold in Merewether in the last 12 months.

Building Type
Townhouse

Last Listing description (March 2026)

TURN-KEY TOWNHOUSE WITH MODERN UPGRADES & PRIME LOCATION
Discover the ultimate blend of style, comfort and lifestyle convenience in this beautifully renovated townhouse, peacefully positioned in a boutique complex of only four homes. Bathed in natural light and designed for relaxed coastal living, this exceptional property is just a level walk to cafes, beaches and shops — truly a rare offering in one of Newcastle's most sought-after suburbs.

Inside, the spacious open-plan living area features large windows capturing refreshing coastal breezes, creating an inviting space for daily living and entertaining. The contemporary kitchen is a standout with quality appliances including an induction cooktop, pyrolytic oven, dishwasher and generous storage — including an appliance cupboard to keep benchtops clutter-free.

Flow through to your private landscaped courtyard, complete with a low-maintenance lawn for your furry friend and a doggy door for easy outdoor access. Come home from the beach and rinse off in your hot and cold outdoor shower — perfect after a swim or surf.

Upstairs you'll find two generous bedrooms with built-in wardrobes, ceiling fans and split system air conditioning. The master bedroom opens to a balcony where you can hear the ocean and savour the laid-back coastal lifestyle year-round. A stylish modern bathroom upstairs is complemented by a handy second toilet downstairs.

Investment & Financial Details:
- Tenanted on an expired lease paying $750 per week
- Strata rates: $1,298.60 per quarter
- Council rates: $627 per quarter

Property Features:
- Beautifully renovated and thoughtfully designed throughout
- Light-filled, open-plan living and dining
- Contemporary kitchen with quality appliances
- Private, low-maintenance courtyard with grassed area
- Doggy door fitted to courtyard sliding door
- Hot & cold outdoor shower
- Master bedroom with balcony and ocean ambience
- Second toilet on downstairs level in laundry
- Single lock-up garage with remote access
- Second dedicated car space
- Under-stair storage
- 3 split system air conditioners throughout
- Boutique complex of just four townhomes

Location Highlights – Level Walk To:
- 150m to trendy Akuna Café
- 600m to Bar Beach
- 700m to The Junction's shopping, cafes & restaurants
- 1km to Merewether Beach
- 100m to public transport

Don't miss your chance to secure this turnkey residence and enjoy the quintessential coastal lifestyle that Merewether is famous for.

Avery Property Professionals are proud to present this property to the market. Please contact Leah Avery or Peter Carter to secure your inspection.

Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

* Agent declares interest

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Property History for 2/54 Patrick St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,100,000
02 Mar 2026
Listed for Rent
$750/w
01 Jun 2025
  • 02 Mar 2026
    Sold for $1,100,000
  • 27 Jan 2026
    Listed for Sale $1,000,000 to $1,100,000
  • 23 May 2025
    Listed for Rent $750 / 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 5,901 properties. Over the last 5 years, Houses in Merewether have seen a 46.51% increase in median value, while Units have seen a 42.73% increase. As at 28 February 2026:

  • The median value for Houses in Merewether is $2,120,461 while the median value for Units is $942,887.
  • Houses have a median rent of $815 while Units have a median rent of $640.
There are currently 9 properties listed for sale, and 11 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 267 properties were sold in the past 12 months in Merewether.

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© Copyright 2026. 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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