49 Edward Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

49 Edward Street
Merewether NSW 2291

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 405m2
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Property Details for 49 Edward St, Merewether

49 Edward St, Merewether is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 405m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1960
Floor Size
116m2
Land Size
405m2
Local Government
Newcastle
Lot/Plan
1/DP547105

Last Listing description (November 2021)

Online Auction - Saturday October 16th at 11:15am
Inspections by appointment only - Contact Agent

With its versatile dual level layout, currently configured as two separate residences, to its far-reaching views to the ocean and prized Merewether address in no-through Edward Street, this four-bedroom plus study home delivers an ideal location and exciting future possibilities.

Freshly presented courtesy of crisp dcor and polished hardwood floors, natural light and sea breezes define the spacious upper level with a bright open plan layout, a fabulous sunroom to take in the views, and three generously proportioned bedrooms served by a refurbished kitchen and bathroom. There's also a deck for alfresco enjoyment.
Separately entered via the side of the home find a one-bedroom plus study flat with a living area, kitchen, and bathroom.

Multi-generational families as well as astute investors or those looking for a renovation project with a view to converting back to a gorgeous family home, will all be impressed by the position and potential that's on offer here.

The handy location is just a few steps from West Park and Merewether Public School. You can be in The Junction shopping or dining in under five minutes or swimming between the flags at a choice of gorgeous beaches.

- Dual level home on low maintenance 405sqm block with views to the ocean and The Hill.
- Freshly painted throughout with polished timber floors on the entire upper level.
- Three-bedroom residence upstairs and one-bedroom plus study downstairs.
- Single garage, with plenty of on-street parking.
- Exceptionally bright and airy with exciting future potential.
- 2.5km to both Bar beach and Merewether Beach; 5km to Westfield Kotara.

Potential Rental Return: $950-$1100 per week approx
Council Rates: $2,550.00 per annum approx
Water Rates: $814.91 per annum approx

DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.

Property History for 49 Edward St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,210,000
04 Nov 2021
Listed for Rent
$430/w
27 Jul 2016
  • 04 Nov 2021
    Sold for $1,210,000
  • 30 Sep 2021
    Listed for Sale Price Guide on Request
  • 21 May 2021
    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 5,899 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 16 properties listed for sale, and 7 properties listed for rent in Merewether on OnTheHouse. According to Cotality's data, 273 properties were sold in the past 12 months in Merewether.

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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.