Back 5/43 Pell Street
Off Market

5/43 Pell Street

Merewether NSW 2291

2
1
1
Apartment
Last sold for $930,000
Bill QuirkBill Quirk, last sold this property on 09 November 2024 after 22 days on market.

Overview

Merewether Classic - Rarely Available Auction 9th November @ 12.45 pm Inspect Saturdays 12.15 pm to 12.45, Wednesdays 4.30 pm to 5 pm.

Don't miss this vintage fixer upper in a prime real estate location. Small block of 5 apartments, 2 bedrooms, separate private large storage room & lock up garage. Balcony overlooking Ridge Street streetscape and Holy Family Primary School. Sought after location one block from Merewether Beach & Ocean Baths, local parks & only minutes to Newcastle CBD. Genuine opportunity for a smart revamp and quick capital growth. Water Rates $750 pa approximately, Land Rates $2300 pa approximately, Strata Rates $4500 pa approximately. Contact Bill Quirk 0402 957 055.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Merewether over the last 12 months, the estimated median property value of 5/43 Pell Street is $855k.

Median value
$855k
Estimated value range
$765k - $1.94m
Median days on market
28
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 5/43 Pell Street

2024
Sold
$930,000
Auction Sale on 09 Nov 2024 by Bill Quirk, of Borrelli-Quirk Newcastle Real Estate

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 87 reviews in Merewether over the last 12 months.

Local market activity for 2 bedroom apartments in Merewether

In the last 12 months, 16 two-bedroom apartments similar to 5/43 Pell Street, have been sold.

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

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