SOLD
Sold on 07 Feb 2024 for $550,000

307/123 King Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 56m2
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Property Details for 307/123 King St, Newcastle

307/123 King St, Newcastle is a 1 bedroom, 1 bathroom Unit and was built in 1884. The property has a land size of 56m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
1884
Floor Size
56m2
Land Size
56m2
Local Government
Newcastle
Lot/Plan
13/SP101660

Last Listing description (September 2024)

Step into a world of heritage charm and modern sophistication with this 1-bedroom gem in the Ireland Bond Building, an iconic heritage-listed structure re-designed by award-winning architect EJE. Immerse yourself in the architectural brilliance that seamlessly marries historical allure with contemporary comfort. Nestled within walking distance of Woolworths Metro, Mr Sister Cafe, Newcastle harbourside, and the golden sands of Newcastle Beach, this residence offers not just a home but a lifestyle.

Convenience meets elegance as you embrace the seamless blend of the past and present. Indulge in the ease of daily living with shopping at your doorstep, culinary delights just around the corner, and scenic retreats a stroll away. Don't miss the opportunity to own a piece of Newcastle's history while relishing in the luxuries of modern living.

Property Features

- Stainless steel appliances
- Gas cooking
- Ducted air conditioning
- Access to the communal rooftop
- Floating timber floor
- Carpeted bedroom

Property History for 307/123 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$550,000
07 Feb 2024
  • 07 Feb 2024
    Sold for $550,000
  • 21 Nov 2023
    Listed for Sale Not Disclosed
  • 15 Feb 2018
    Sold for $460,000

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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 5,139 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 33 properties listed for sale, and 24 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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Jason Maxwell
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Jesse Maxwell
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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.