2/54 Patrick Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

2/54 Patrick Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 786m2
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Property Details for 2/54 Patrick St, Merewether

2/54 Patrick St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 786m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1983
Floor Size
88m2
Land Size
786m2
Local Government
Newcastle
Lot/Plan
2/SP19770

Last Listing description (June 2025)

Discover the perfect combination of style, comfort, and location in this beautifully renovated, well thought-out townhouse nestled in the heart of Merewether. Privately positioned within a boutique complex of just four, this light-filled home offers modern coastal living with every lifestyle convenience just a level walk from your doorstep.

Inside, a spacious open-plan living area is bathed in natural light with large windows capturing coastal breezes. The contemporary kitchen is a standout feature with an induction cooktop, pyrolytic oven, dishwasher, and generous storage with appliance cupboard ensuring a mess free kitchen perfect for entertaining.

Step outside to a private, landscaped courtyard complete with a low-maintenance patch of grass for your furry friend and a doggy door fitted to the sliding door for easy access. After a beach swim or surf, rinse off in your own hot and cold outdoor shower.

Upstairs are 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 soak up the laid-back lifestyle year-round. A stylish modern bathroom is located upstairs, complemented by a handy second toilet downstairs.

Property highlights:
- Beautifully renovated and thoughtfully designed throughout
- Single lock-up garage with remote access
- Second dedicated car space in front of the garage
- Storage space under the stairs
- 3 split system air conditioners throughout
- Hot & cold outdoor shower
- Second toilet on downstairs level in laundry
- Doggy door fitted to sliding door for courtyard access
- Low-maintenance courtyard with grassed area
- Boutique complex of only four homes

Location highlights level walk to:
- 150m to trendy Akuna Caf
- 600m to Bar Beach
- 700m to The Junction's shopping, cafes & restaurants
- 1km to Merewether Beach
- 100m to public transport

This is your chance to enjoy the lifestyle so many dream of in one of Newcastle's most sought-after suburbs.

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

Agent's interest disclosed.

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

A timeline of how this property has performed in the market
Last Sold
$850,000
26 Nov 2021
  • 23 May 2025
    Listed for Rent $750 / week
  • 06 Dec 2021
    Listed for Sale For Sale $800,000 - $850,000
  • 26 Nov 2021
    Sold for $850,000
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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, 264 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.