Back 3/138 Morgan Street
Off Market

3/138 Morgan Street

Merewether NSW 2291

2
1
1
74 m²
Unit
Last sold for $765,000
Jarrod DickensJarrod Dickens, last sold this property on 27 September 2026 after 32 days on market.

Overview

Put simply, two balconies, one great location, 1.5km to beach

There's an easy, relaxed feel to this second-floor Merewether apartment, with a bright two-bedroom layout and two balconies bringing plenty of outdoor space into the mix. Timber-look floors and crisp décor freshen the open plan living and dining area, while the tidy kitchen keeps things practical. Both bedrooms have built-in robes and balcony access, with air conditioning adding comfort to the main. A stylishly renovated bathroom with freestanding bath and frameless shower is a standout, while a single garage and separate laundry complete the package. The location puts some of Newcastle's best within easy reach. Merewether Beach is around 1.5km away for morning swims, after-work surfs and dinner by the ocean, with The Junction precinct's cafés, boutiques and dining just as close. Newcastle city centre is an easy 10 minute drive or bus trip from your door, so you can dip between beach, city and village life with ease. It's a brilliant spot to buy your first home, secure a beachside base or invest in a suburb that's one of the city's best. - Second floor Merewether apartment offers approximately 61sqm of indoor living - Bright living/dining area with vinyl plank floors, crisp décor and balcony access - Two robed bedrooms with ceiling fans, one with A/C, each open to a separate balcony - Stunning fully tiled bathroom with bathtub, shower, and on-trend black tapware - Practical electric-equipped kitchen, single car garage, separate laundry - The Junction – 1.5km, Merewether Beach – 1.5km, Newcastle CBD – 4.3km Disclaimer: All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
74 m² floor area
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 3/138 Morgan Street is $845k.

Median value
$845k
Estimated value range
$670k - $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 3/138 Morgan Street

2026
Sold
$765,000
27 Sep 2026 by Jarrod Dickens, of Wilton Lemke Stewart
2025
Sold
$656,000
16 Apr 2025 by Simon Wall, of Simon Wall Property

Happy sellers in Merewether

83%
83% 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 71 reviews in Merewether over the last 12 months.

Local market activity for 2 bedroom units in Merewether

In the last 12 months, 19 two-bedroom units similar to 3/138 Morgan Street, have been sold.

This represents a 56% increase in two-bedroom units sales when compared to the previous 12 months.

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