83 City RoadMerewether NSW 2291
Property Details for 83 City Rd, Merewether
Last Listing description (March 2018)
**First inspection Twilight open house 6:00 7:00pm Wednesday 29th November**
Recently renovated, this neat and tidy surprise package would suit those looking to gain a foothold in one of Newcastle most desired suburbs or the savvy investor. Offering an open plan living arrangement with a modern kitchen at the centre, main living area is air-conditioned. 3 large bedrooms, all with built-ins and 2 ceiling fans. Outside is a private oasis with large deck area and built in spa, perfect for summer BBQs and entertaining. Off-street parking is available for up to 3 cars.
For the investor, this home has been featured on airbnb over the last 6 months with a gross monthly return of $4,000 per month and is booked over the Christmas weekend for $2,500 alone.
Features:
Blue-chip suburb
Modern & sleek design
Low-maintenance living
3 large bedrooms
Air-conditioning
Outdoor entertaining deck and spa
Natural gas cooking, dishwasher
Polished floorboards throughout living area
Attractive airbnb returns
Beach side suburb
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you want honest expert advice and want to achieve excellent results call us on 4950 8555.
At First National Lake Macquarie, we put you first!
Property History for 83 City Rd, Merewether, NSW 2291
- 18 Jan 2018Sold for $625,000
- 22 Nov 2017Listed for Sale $600,000 - $660,000
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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 5,900 properties. Over the last 5 years, Houses in Merewether have seen a 46.51% increase in median value, while Units have seen a 42.73% increase. As at 28 February 2026:
- The median value for Houses in Merewether is $2,120,461 while the median value for Units is $942,887.
- Houses have a median rent of $815 while Units have a median rent of $640.
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