3/48 Patrick Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

3/48 Patrick Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 5 Jan 2026
Low

High
Save

Property Details for 3/48 Patrick St, Merewether

3/48 Patrick St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1940
Local Government
Newcastle
Lot/Plan
3/SP12249

Last Listing description (July 2021)

Wake Up to Beachside Living in this One-Bedroom Retreat

What could be better than waking up to the smell of the ocean and the feel of the cooling sea breeze? Boasting an enviable position just 500metres from Cooks Hill Surf Club, Bar Beach, Empire Park and The Junctions cafes, restaurants, and boutiques, this one-bedroom apartment offers a tantalising lifestyle that's hard to resist. A magical locale for first homeowners, or those seeking a beach retreat for weekend breaks or an investment in the rental market, everything you need is just footsteps from your door.

Nestled in a block of just eight, the apartment's interiors reflect its coastal setting with neutral decor paired with timber floors and an open plan layout focusing on comfort and practicality opening to sun-kissed balcony for alfresco enjoyment. There is a smartly renovated bathroom, generous bedroom with a built-in robe and a gas-equipped kitchen. Finished with a car space, shared laundry, and well-maintained common areas, this fabulous one-bedder allows you to move straight in or refine with your own personal flair.

- Bright and breezy apartment in small complex of only eight

- Open plan interiors with neutral decor and timber floors
- Neat kitchen with gas stove offers scope to update and add value
- Modern bathroom with corner shower and floor to ceiling tiling
- Spacious bedroom appointed with built-in robe
- Sunlit balcony captures soothing summer breezes
- Enjoy a relaxed coastal lifestyle strolling distance to cafes, shopping, and the beach
- Approximate return of $340 per week for investors

Property History for 3/48 Patrick St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$450,000
08 Jul 2021
  • 23 Jul 2021
    Sold - Price Undisclosed
  • 21 Jun 2021
    Listed for Sale OFFERS NOW CLOSED
  • 11 Aug 2020
    Listed for Rent $340 pw
Sign in to see more transactions
Commute Calculator

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 60.67% increase in median value, while Units have seen a 43.15% increase. As at 31 December 2025:

  • The median value for Houses in Merewether is $2,095,317 while the median value for Units is $934,974.
  • 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, 274 properties were sold in the past 12 months in Merewether.

Suburb Insights for Merewether 2291

Market Insights
Merewether Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Merewether Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.