FOR SALE
$155,000

314/18 Brown Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Inner City Pod

Never previously offered for sale.
North facing and positioned on the top floor in a well established, 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 Details for 314/18 Brown St, Newcastle

314/18 Brown St, Newcastle is a 1 bedroom, 1 bathroom Studio. The place is currently for sale with Street Property - Newcastle (Sales).

Building Type
Studio

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About 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 5,034 properties. Over the last 5 years, Houses in Newcastle have seen a 39.10% increase in median value, while Units have seen a 38.65% increase. As at 30 September 2024:

  • The median value for Houses in Newcastle is $1,716,598 while the median value for Units is $930,146.
  • Houses have a median rent of $750 while Units have a median rent of $660.
There are currently 37 properties listed for sale, and 15 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Newcastle.

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Andrew Walker
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Street Property - Newcastle (Sales)
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