210/111 Scott StreetNewcastle NSW 2300
Property Details for 210/111 Scott St, Newcastle
210/111 Scott St, Newcastle is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 1076m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (May 2022)
Positioned on the second floor of the 4-star Quality Apartments complex, it presents as a readymade investment with a guaranteed income of $360pw, in lease until March 2020. The studio's generously proportioned layout is zoned for functionality with an air-conditioned living zone encompassing an electric-equipped kitchen, robed bedroom and modern bathroom with shower along with secure entry and a car space. This studio apartment is the perfect base from which to discover everything Newcastle is famous for its iconic harbour, the Honeysuckle entertainment precinct, vibrant nightlife, superb restaurants and bars and of course its beaches.
- Second floor studio apartment in a secure executive CBD address
- Combines low maintenance interiors with lock up and go convenience
- Robed bedroom zone served by a bathroom and Euro laundry
- Electric-equipped kitchen with dish drawer and Caesarstone benches
- Stroll across the road to all the community events at The Station
- Jump on the light rail through the city to the west end and Newcastle Interchange
- Secure basement parking
- Currently returning $360 per week
- Council rates are approximately $1,200 per year
- Water rates are approximately $677 per year
- Strata rates are approximately $3,019 per year
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 210/111 Scott St, Newcastle, NSW 2300
- 12 May 2021Sold for $410,000
- 30 Aug 2019Listed for Sale $350,000 - $380,000
- 31 Jan 2018Sold for $390,000
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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 5,157 properties. Over the last 5 years, Houses in Newcastle have seen a 30.38% increase in median value, while Units have seen a 34.90% increase. As at 31 December 2024:
- The median value for Houses in Newcastle is $1,586,585 while the median value for Units is $941,146.
- Houses have a median rent of $750 while Units have a median rent of $695.
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