302/18 Brown StreetNewcastle NSW 2300
Property Details for 302/18 Brown St, Newcastle
302/18 Brown St, Newcastle is a 1 bedroom, 1 bathroom Studio. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Studio sold in Newcastle in the last 12 months.
Last Listing description (July 2024)
Never previously offered for sale.
Positioned on the top floor in a well established and popular residential complex this ensuited room satisfies a variety of accommodation needs. Located in the CBD with the University Campus some 5 minutes walk, Newcastle Harbour a similar distance and the Civic and Mall precincts just minutes away.
The development provides shared facilities on-site with two resident lounges that are both Fox connected, spacious dining room plus study area. A commercial kitchen for private cooking, both freezer and cool rooms for individual food storage plus individual pantries adjacent to the kitchen. A full time on-site manager/caretaker provides both security and access for any maintenance issues.
Popular with tenants and owner occupiers alike, rents achieved are upwards of $250pw on a minimum 3 month lease. You must be aware that these properties are under 20m2 so funding can be a challenge if you are considering this pathway.
Property History for 302/18 Brown St, Newcastle, NSW 2300
- 31 Jul 2024Sold for $135,000
- 17 Jun 2024Listed for Sale $135,000
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0About Newcastle 2300
The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2011 was 2,384 people. By 2016 the population was 2,752 showing a population growth of 15.4% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation. In 2011, 44.1% of the homes in Newcastle were owner-occupied compared with 45.7% in 2016.
Newcastle has 5,100 properties. Over the last 5 years, Houses in Newcastle have seen a 57.34% increase in median value, while Units have seen a 40.93% increase. As at 31 August 2024:
- The median value for Houses in Newcastle is $1,884,487 while the median value for Units is $939,602.
- Houses have a median rent of $700 while Units have a median rent of $650.
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