SOLD
RECENT ADVICE
Sold on 06 Dec 2024 for $485,000

302/111 Scott Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 50m2
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Property Details for 302/111 Scott St, Newcastle

302/111 Scott St, Newcastle is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 50m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Apartment sold in Newcastle in the last 12 months.

Building Type
Apartment
Land Size
50m2

Last Listing description (December 2024)

Discover the perfect blend of modern living and stunning vistas in this stylish 1-bedroom apartment, nestled in the vibrant heart of Newcastle. Offering a fantastic investment opportunity, this residence boasts an open-plan design that effortlessly combines comfort and functionality.

- Prime Inner-City Location
- Open-Plan Layout

- Contemporary Kitchen: Featuring a sink, oven, cooktop, and ample storage
- Spacious Bedroom: Includes a built-in robe for added convenience.
- Tasteful Bathroom: With modern finishes that enhance the overall appeal.
- Air-conditioning
- Investment Potential: Currently, the apartment forms part of the Terminus Apartment Hotel letting pool. Capitalize on this investment opportunity and make this your must-see!

With easy access to public transport and the best of Newcastle right at your doorstep, this apartment is a fantastic choice for those looking to embrace city living with a view.

Strata Rates: $5,040.60 pa approx; Council Rates: $1,600 pa approx; Water Rates: $759.51 pa approx. + usage

Disclaimer: Green St has 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 302/111 Scott St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$485,000
06 Dec 2024
  • 06 Dec 2024
    Sold for $485,000
  • 28 Oct 2024
    Listed for Sale $485,000
  • 13 Apr 2018
    Listed for Sale $399,000
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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 5,138 properties. Over the last 5 years, Houses in Newcastle have seen a 44.29% increase in median value, while Units have seen a 34.78% increase. As at 30 November 2024:

  • The median value for Houses in Newcastle is $1,707,409 while the median value for Units is $937,865.
  • Houses have a median rent of $830 while Units have a median rent of $690.
There are currently 36 properties listed for sale, and 22 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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Will Harrison
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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.