4. Property Auction Result

2/29 Morgan Street, Merewether NSW 2291

2/29 Morgan Street, Merewether NSW 2291

Apartment 2 1 1

Sold $525,000 on 24 Apr 2019

Distance To CBD: 115.54 km

Agency: McGrath Newcastle City - Newcastle

Nearby Sold Price

Map And Street View
Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Stamp Duty Calculator

Total

$ 19,429

Mortgage registration fee $105

Transfer fee $209

Stamp duty on property $19,115
*based on property value $525,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 2,255

Total interest payable $391,674

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $420,000 for principal and interest
Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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Comparable Sold Properties

Address Sold Price
6/15 Ranclaud Street 2 $827,000
301/25 Llewellyn Street 2 $1,200,000
24/2a Ocean Street 2 $1,950,000
2/85 Frederick Street 2 $1,225,000
3/45 Ridge Street 2 $860,000
1/47 Mitchell Street 2 $815,000
5/52 Wilton Street 2 $640,000
101/38 Llewellyn Street 2 $875,000

Comparable Rent Properties

Address Rent Price
6/19 Morgan Street 2 $580 p/w
1/18 Selwyn Street 2 $580 p/w
3/27 Mitchell Street 2 $575 p/w
1/5 Merewether Street 2 $620 p/w
5/72 Selwyn Street 2 $600 p/w
8/74 Frederick Street 2 $695 p/w
1/61 Railway Street 2 $500 p/w
9/7-9 Rowlands Street 2 $570 p/w
Auction History - Merewether, NSW 2291
2024 April
Address Price Result*
2 Hugh St $1,010,000 SP 3
98 Ridge St N/A PI 2
2 Hugh St $1,010,000 SP 3
10 Lorraine St $1,875,000 S 3
2024 March
Address Price Result*
143 City Rd $1,115,000 SP 3
157 Macquarie St N/A PI 4
150 Macquarie St $2,200,000 SP 5
147 Macquarie St $1,900,000 PI 5
29 Scenic Dr $2,650,000 PI 3
15/22 Patrick St N/A S 3

Merewether, NSW 2291
(115.24 km to CBD)

Median House Price

$2,000,000

Median Unit Price

$790,000

Surrounding Suburbs

Nearby Train Stations

1.82 km Wickham Station
2.41 km Hamilton Station
2.36 km Civic Station

Nearby Schools

0.7 km Hamilton South Public School
0.98 km Holy Family Primary School
0.97 km Hamilton Public School
0.97 km Newcastle High School
1.49 km St Francis Xavier's College
1.76 km Merewether Public School
1.84 km ALESCO Learning Centre
1.98 km Merewether High School
2.11 km Hamilton North Public School
2.11 km Waratah West Public School