4/50 Patrick Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
 
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4/50 Patrick Street
Merewether NSW 2291

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 1532m2
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Property Details for 4/50 Patrick St, Merewether

4/50 Patrick St, Merewether is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 1532m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1973
Floor Size
97m2
Land Size
1532m2
Local Government
Newcastle
Lot/Plan
4/SP7062

Last Listing description (April 2023)

Renovated, sun-lit and blessed with a top-notch Merewether location, this lovely apartment is an ideal beachside base in a premier suburb. Occupying a mid-floor position in a three-storey complex, this is a fine example of how modern updates can transform a home. Showcasing two sizeable bedrooms, open-concept living, a lengthy balcony plus a stylish kitchen and bathroom, this terrific apartment offers a great chance to get into an ever-popular residential market and comes complete with a single lock-up garage. A haven for lifestyle seekers, its coastal address is 3 doors up from trendy Akuna caf, 450m to The Junction, 850m to Dixon Park beach and within walking distance of The Burwood Inn, the Mary Ellen and The Price of Merewether hotels.

- Sun-blessed apartment with a full-length balcony and secure single garage
- Generous bedrooms, both carpeted and robed, main with balcony access

- Open living/dining with balcony access and split-system air-conditioning
- Fully renovated gas kitchen; fully renovated shower bathroom with laundry
- Small well-kept complex in a superb walk-to-everywhere coastal location
- Quick access to city-bound transport, shops, cafes, schools and the surf
- An ideal base for owner-occupiers or a rewarding return for investors
- Council Rates: $433 p/q Water Rates: $248.86 p/q

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Property History for 4/50 Patrick St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$780,000
03 Mar 2023
Listed for Rent
$350/w
31 Mar 2016
  • 03 Mar 2023
    Sold for $780,000
  • 30 Jan 2023
    Listed for Sale Under Contract
  • 13 Feb 2012
    Listed for Rent $350 / 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 5,894 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, 265 properties were sold in the past 12 months in Merewether.

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© Copyright 2025. 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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