5/84 Darby StreetCooks Hill NSW 2300
Property Details for 5/84 Darby St, Cooks Hill
5/84 Darby St, Cooks Hill is a 1 bedroom, 1 bathroom Unit and was built in 2005. The property has a land size of 51m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (September 2022)
Fantastic opportunity for a 1st home buyer, investor, or Commercial home office buyer to secure this spacious 1-bedroom apartment positioned in the heart of Cooks Hills Cafe and shopping hub.
This apartment has the benefit of B4 Mixed Use Zoning potentially also allowing commercial office for a small consulting practice. This property is currently leased for $420 per week till May 2023 to a lovely tenant and will make the perfect, low cost investment, 1st home or cost-effective Newcastle holiday pad. The apartment is positioned in a boutique block known as "Red Square" comprising of only 8 apartments, ground floor commercial suite and no lift that minimises strata outgoings.
This spacious apartment is strolling distance to access light rail, beaches, shops and harbour entertainment precinct. A unique buying opportunity, when these unit's 1st sold in 2014 they sold quickly and history is sure to repeat itself. Inspection only by appointment.
- Rare opportunity to purchase in small 8 unit building, Red Square.
- Positioned in the heart of Cooks Hill's cafe and shopping hub.
- Spacious 51m2 approx apartment.
- Perfect 1st home, short stay holiday pad or investment, $420 PW Currently.
- Stroll to access light rails, beach and harbour lifestyle.
Water Rates : $616.26 p/a
Council Rates : $1442.81 p/a
Strata Levies : $2231.40 p/a
Rental - $420 p/w
Property History for 5/84 Darby St, Cooks Hill, NSW 2300
- 02 Sep 2022Sold for $495,000
- 23 Aug 2022Listed for Sale Guide $470,000
- 26 Apr 2022Listed for Rent $420 / week
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About Cooks Hill 2300
The size of Cooks Hill is approximately 0.7 square kilometres. It has 6 parks covering nearly 6.3% of total area. The population of Cooks Hill in 2011 was 3,621 people. By 2016 the population was 3,606 showing a population decline of 0.4% in the area during that time. The predominant age group in Cooks Hill is 20-29 years. Households in Cooks Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooks Hill work in a professional occupation. In 2011, 44% of the homes in Cooks Hill were owner-occupied compared with 41.3% in 2016.
Cooks Hill has 2,438 properties. Over the last 5 years, Houses in Cooks Hill have seen a 49.52% increase in median value, while Units have seen a 27.38% increase. As at 31 October 2024:
- The median value for Houses in Cooks Hill is $1,593,624 while the median value for Units is $781,042.
- Houses have a median rent of $700 while Units have a median rent of $600.
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