If any suburb characterises the seachange, and the transformation of Newcastle, it’s Merewether.
Once a working class, mining village, Merewether is now blue chip actual property and has turn out to be arguably the area’s most sought-after residential suburb.
It is situated roughly three kilometres from Newcastle’s CBD and is bordered by pristine seashores, Bar Beach, The Junction, Adamstown and Merewether Heights.
According to Australian Property Monitors, Merewether skilled market progress of round 20 per cent in every of the previous two years. The largest sale for 2017 was $5.05 million.
Locals have all the time recognized how good Merewether seashore is and final month the key properly and really acquired out after it had the honour of being named “best city beach” in Australia.
Highly regarded faculties, proximity to The Junction Shopping Village, cafes, eating places and bars makes this laid-back suburb fashionable with a variety of individuals.
FROM THE EXPERT
– Presented by Matthew Waddell, basic supervisor Robinson Property
Merewether is one in every of Newcastle’s most sought-after suburbs with one thing for everybody.
Renowned for the surf tradition, Merewether has embraced this lifestyle with informal cafes, strip outlets and quite a few high quality golf equipment and inns to take pleasure in a meal and drink.
The ease of getting round Merewether, the various parks and proximity to buying centres makes it nice for households.
In 2017 house costs elevated 20.5 per cent to a median of $1.38 million whereas models elevated 33.6 per cent to a median of $648,000.
Merewether property is all the time tightly held with quite a lot of curiosity in all listings once they hit the market.