8/48 Patrick Street, Merewether, NSW 2291 | Property Value & History | OnTheHouse
OFF MARKET

8/48 Patrick Street
Merewether NSW 2291

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 774m2
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Property Details for 8/48 Patrick St, Merewether

8/48 Patrick St, Merewether is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 774m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in February 2014.

Building Type
Unit
Year Built
1970
Floor Size
48m2
Land Size
774m2
Local Government
Newcastle
Lot/Plan
8/SP12249

Last Listing description (January 2023)

Perfectly positioned only a short stroll to Newcastle's beaches and moments away from The Junction Shopping Precinct making it ideal for the busy professional looking for affordable inner city living with absolutely no maintenance.
- Positioned at the rear north east corner offering plenty of privacy
- Bask in the morning sun on your balcony with a cup of tea

- Bright and airy, generously proportioned living area
- Polished floor boards throughout and plantation shutters
- Renovated bathroom with a contemporary finish
- Updated eat in kitchen with gas cooking, ample storage
- Double sized master bedroom, elevated district views, built in robes
- Shared laundry facilities within a clean, well maintained area
- Single carport offers off street parking
- Sorry no pets will be considered

Property History for 8/48 Patrick St, Merewether, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$390,000
27 Feb 2014
Listed for Rent
$425/w
11 Jan 2023
  • 04 Jan 2023
    Listed for Rent $425 / week
  • 14 May 2020
    Listed for Rent $350 / week
  • 10 May 2018
    Listed for Rent - Price not available
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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 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 4 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

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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.