5/23 Morgan Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

5/23 Morgan Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 5/23 Morgan St, Merewether

5/23 Morgan St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1968
Local Government
Newcastle
Lot/Plan
5/SP3578

Last Listing description (July 2023)

Renovated one bedroom Unit

This centrally located One bedroom unit has been completed renovated from top to bottom and features new kitchen and bathroom, floating timber floors, white Timber shutters and air conditioning.

The spacious, open kitchen comes complete with CeasarStone benchtops, ample bench space, dishwasher and gas cooking.

The exquisite bathroom has floor to ceiling tiles, a shower, toilet and vanity and. laundry space

The bedroom is spacious and has plush carpet and built ins complete with drawer space.

Parking is by way of a single lock up garage located at the rear of the complex.

Not suitable for pets.

A short walk to The Prince of Wales hotel or the delicious coffee of Frothers Espresso, this ground floor unit is also a short five minute drive or bus ride to The Junction Village or The Junction Fair shopping Centre.

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Property History for 5/23 Morgan St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$360,000
05 Jun 2020
  • 28 Jun 2023
    Listed for Rent $465 per week
  • 23 Mar 2022
    Listed for Rent Offers between $420 & $450 per week
  • 24 Feb 2021
    Listed for Rent $420 per 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 5,896 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, 273 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.