240 Morgan Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

240 Morgan Street
Merewether NSW 2291

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Floor area: 328m2
Land area: 575m2
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Property Details for 240 Morgan St, Merewether

240 Morgan St, Merewether is a 4 bedroom, 4 bathroom House with 1 parking spaces and was built in 2023. The property has a land size of 575m2 and floor size of 328m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
2023
Floor Size
328m2
Land Size
575m2
Local Government
Newcastle
Lot/Plan
289/DP227127

Last Listing description (February 2022)

Lovingly maintained for over 50 years, this beloved family home will have you stepping back in time. Set on a great level block in one of Merewether's most sought-after streets, you'll be minutes to the beach, popular cafes, and Newcastle CBD.

If you're after a hands-on project, this is it. Whether you have an appreciation for original retro themes or have great imagination, you'll relish the chance to put your own stamp on this forever home. Peppered throughout with timeless 70's design features, this home is filled with character and has beautiful bones. From the original light fittings, sash window frames and aspirational kitchen to the original Cypress timber flooring awaiting new life beneath the carpet, there is a treasure trove of potential. The current layout boasts multiple living areas, a large open-plan kitchen/dining space, and a level grassed backyard with two sheds for those who need storage or like to tinker.

This unique Western Red Cedar home is nestled in a popular treelined, family-friendly neighbourhood and is packed with a possibility for any avid renovator or developer. Just minutes from mountain bike trails at Glenrock State Conservation Area, popular beaches, parks, schools, and retail conveniences this is your golden opportunity to secure a fantastic property with the lifestyle to match.

Character-filled 3-bedroom solid brick home with original bathroom with bath and separate toilet
6month old reverse cycle air conditioner; open-plan kitchen/dining/lounge
Quaint rear alfresco overlooking back yard
Huge 6mx5m shed plus smaller storage shed
Rear lane vehicle access with pedestrian gate access to back yard
Low maintenance gardens; single carport; off street parking
Zoned for Merewether Heights Public School and Kotara High School
Within 10 minutes from beaches, mountain bike trails, popular eateries, major shopping centres and Newcastle CBD

Property History for 240 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,310,000
17 Feb 2022
  • 17 Feb 2022
    Sold for $1,310,000
  • 28 Jan 2022
    Listed for Sale Auction Guide: $1,190,000
  • 01 May 2017
    Sold
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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 5,896 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 12 properties listed for sale, and 6 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 271 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.