SOLD
Sold on 18 Jun 2024 for $1,325,000

1/31-33 Watt Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 818m2
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Property Details for 1/31-33 Watt St, Newcastle

1/31-33 Watt St, Newcastle is a 0 bedroom, 0 bathroom Unit with 6 parking spaces. The property has a land size of 818m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Land Size
818m2
Local Government
Newcastle
Lot/Plan
1/SP34152

Last Listing description (July 2019)

A well located professional office suite located within the charming 'Union Steam Ship Building' providing a practical office layout and good onsite parking; rare in this location.

Key features:

- 250 sqm* professional office
- Up to 6 secure onsite car spaces
- Sought after location within the CBD
- Huge balcony, excellent for staff and clients
- Surrounded by quality cafes, restaurants, business services and a 2 minute walk to Newcastle Beach, Harbour foreshore and the new light rail service
- Ready for immediate occupation
- Good access to public transport

*Approximately

Property History for 1/31-33 Watt St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,325,000
18 Jun 2024
Listed for Rent
07 Oct 2015
  • 18 Jun 2024
    Sold for $1,325,000
  • 27 May 2019
    Listed for Rent - Price not available
  • 06 Mar 2018
    Sold
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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 5,022 properties. Over the last 5 years, Houses in Newcastle have seen a 43.46% increase in median value, while Units have seen a 34.62% increase. As at 31 October 2024:

  • The median value for Houses in Newcastle is $1,698,065 while the median value for Units is $931,549.
  • Houses have a median rent of $720 while Units have a median rent of $690.
There are currently 41 properties listed for sale, and 10 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 263 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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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.