35 Edward St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2023.
Ideally located in the beachside suburb of Merewether, 135 City Road present a rare opportunity to purchase a secure multi-tenanted residential investment. The property features five apartments, including a spacious two-bedroom unit and four cosy one-bedroom units, each with a single lock-up garage. With a rental income of $77,072 net per annum, this property provides a steady cash flow and potential for future growth.
Located in the sought-after suburb of Merewether and surrounded by premium lifestyle amenity, the property offers a highly desirable location near Newcastle's best beaches, The Junction Village shopping centre, schools, and public transport.
- Prime lifestyle location
*Approximately
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:
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