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Back 2/54 Patrick Street
Off Market

2/54 Patrick Street

Merewether NSW 2291

2
1
1
0 m²
Townhouse
Last sold for $1,100,000
Leah AveryLeah Avery, last sold this property on 01 March 2026 after 33 days on market.

Overview

Stylish Coastal Living

TURN-KEY TOWNHOUSE WITH MODERN UPGRADES & PRIME LOCATION Discover the ultimate blend of style, comfort and lifestyle convenience in this beautifully renovated townhouse, peacefully positioned in a boutique complex of only four homes. Bathed in natural light and designed for relaxed coastal living, this exceptional property is just a level walk to cafes, beaches and shops — truly a rare offering in one of Newcastle's most sought-after suburbs. Inside, the spacious open-plan living area features large windows capturing refreshing coastal breezes, creating an inviting space for daily living and entertaining. The contemporary kitchen is a standout with quality appliances including an induction cooktop, pyrolytic oven, dishwasher and generous storage — including an appliance cupboard to keep benchtops clutter-free. Flow through to your private landscaped courtyard, complete with a low-maintenance lawn for your furry friend and a doggy door for easy outdoor access. Come home from the beach and rinse off in your hot and cold outdoor shower — perfect after a swim or surf. Upstairs you'll find two generous bedrooms with built-in wardrobes, ceiling fans and split system air conditioning. The master bedroom opens to a balcony where you can hear the ocean and savour the laid-back coastal lifestyle year-round. A stylish modern bathroom upstairs is complemented by a handy second toilet downstairs. Investment & Financial Details: - Tenanted on an expired lease paying $750 per week - Strata rates: $1,298.60 per quarter - Council rates: $627 per quarter Property Features: - Beautifully renovated and thoughtfully designed throughout - Light-filled, open-plan living and dining - Contemporary kitchen with quality appliances - Private, low-maintenance courtyard with grassed area - Doggy door fitted to courtyard sliding door - Hot & cold outdoor shower - Master bedroom with balcony and ocean ambience - Second toilet on downstairs level in laundry - Single lock-up garage with remote access - Second dedicated car space - Under-stair storage - 3 split system air conditioners throughout - Boutique complex of just four townhomes Location Highlights – Level Walk To: - 150m to trendy Akuna Café - 600m to Bar Beach - 700m to The Junction's shopping, cafes & restaurants - 1km to Merewether Beach - 100m to public transport Don't miss your chance to secure this turnkey residence and enjoy the quintessential coastal lifestyle that Merewether is famous for. Avery Property Professionals are proud to present this property to the market. Please contact Leah Avery or Peter Carter to secure your inspection. Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations. * Agent declares interest

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Merewether over the last 12 months, the estimated median property value of 2/54 Patrick Street is $950.75k.

Median value
$950.75k
Estimated value range
$840k - $1.14m
Median days on market
38
Estimated value trend
-5%
decrease 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 2/54 Patrick Street

2026
Sold
$1,100,000
01 Mar 2026 by Leah Avery, of Avery Property Professionals
2025
Rented
Undisclosed
Leased on 01 Jun 2025 by Avery Property Professionals
2021
Sold
$850,000
28 Nov 2021 by Andrew McGavin, of Dalton Partners The Junction

Happy sellers in Merewether

81%
81% 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 89 reviews in Merewether over the last 12 months.

Local market activity for 2 bedroom townhouses in Merewether

In the last 12 months, 7 two-bedroom townhouses similar to 2/54 Patrick Street, have been sold.

This represents a 14% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

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