FOR SALE
$537,500

501/75 Shortland Esplanade
Newcastle East NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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On the Beach

A cracking apartment adjacent to Newcastle Beach is offered for your indulgence. It even has its own private verandah.
With an abundance of features for an apartment this size its crazy.
Dedicated motor bike parking space exclusive to the apartment.
Dedicated storage cage in the car parking exclusive to the apartment.
Who needs a car space when you can walk everywhere.
Currently tenanted to an excellent tenant who keeps the apartment spotless.
A fantastic investment at an entry level price.

Property Details for 501/75 Shortland Esp, Newcastle East

501/75 Shortland Esp, Newcastle East is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Street Property - Newcastle (Sales).

Building Type
Apartment

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About Newcastle East 2300

The size of Newcastle East is approximately 0.4 square kilometres. It has 8 parks covering nearly 64.2% of total area. The population of Newcastle East in 2011 was 990 people. By 2016 the population was 1,024 showing a population growth of 3.4% in the area during that time. The predominant age group in Newcastle East is 50-59 years. Households in Newcastle East are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newcastle East work in a professional occupation. In 2011, 37.6% of the homes in Newcastle East were owner-occupied compared with 45.6% in 2016.

Newcastle East has 717 properties. Over the last 5 years, Houses in Newcastle East have seen a 61.12% increase in median value, while Units have seen a 35.55% increase. As at 31 October 2024:

  • The median value for Houses in Newcastle East is $1,820,642 while the median value for Units is $1,142,517.
  • Houses have a median rent of $750 while Units have a median rent of $755.
There are currently 2 properties listed for sale, and 1 property listed for rent in Newcastle east on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Newcastle east.

Suburb Insights for Newcastle East 2300

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Andrew Walker
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Street Property - Newcastle (Sales)
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.