Back 2/47 Mitchell Street
Off Market

2/47 Mitchell Street

Merewether NSW 2291

2
1
1
Unit
Last sold for $448,500
Anthony MerloAnthony Merlo, last sold this property on 17 June 2015 after 19 days on market.

Overview

Ideal 1st Home or Invesment

Fantastic low cost entry level to Merewether or ideal investment property. This refurbished unit is positioned in a well constructed building and located opposite Townsend Oval and is strolling distance to beaches and The Junctions shopping and cafe scene. Enhanced by polished hardwood timber floors, internal laundry and 2nd toilet. * Unique unit design offering entry hall that leads to open plan living. * Polished hardwood timber floors with refurbished kitchen and bathroom. * Bedrooms have built in robes, ceiling fans and view garden courtyard. * Kitchen living area views and accesses garden courtyard area. * Good size internal laundry with rare to find 2nd toilet. * Brand new concrete driveway leads to carport. * Stroll to beaches The Junction shops and many cafes. * Current tenant paying $370 per week. * This unit is a little unique from the rest and will not last long! Council Rates: $1104 PA Water Rates: $450 PA Strata Rates: $1900 PA

Features

2 bedrooms
1 bathroom
1 carspace
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Merewether over the last 12 months, the estimated median property value of 2/47 Mitchell Street is $835k.

Median value
$835k
Estimated value range
$647k - $1.18m
Median days on market
23
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Merewether. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/47 Mitchell Street

2024
Rented
Undisclosed
Leased on 10 May 2024 by Robinson Property
2018
Rented
Undisclosed
Leased on 30 Sep 2018 by Robinson Property
2018
Rented
Undisclosed
Leased on 22 Jan 2018 by Robinson Property

Happy sellers in Merewether

80%
80% of sellers in Merewether reported that their sale price either exceeded or met their price expectations.

Merewether stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 87 reviews in Merewether over the last 12 months.

Local market activity for 2 bedroom units in Merewether

In the last 12 months, 27 two-bedroom units similar to 2/47 Mitchell Street, have been sold.

This represents a 22% increase in two-bedroom units sales when compared to the previous 12 months.

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