SOLD
Sold on 28 Jun 2024 for $567,000

4/342 Hunter Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 392m2
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Property Details for 4/342 Hunter St, Newcastle

Building Type
Commercial
Land Size
392m2
Local Government
Newcastle
Lot/Plan
4/SP21188

Last Listing description (May 2022)

Situated near the intersection of Hunter and Darby Streets, this first floor office has:

Reception/waiting area
Abundant natural light

2 meeting rooms
Boardroom
Open plan work area
Modern kitchen
Built-in storage cupboards
Air-conditioning
Great signage opportunity
2 x on-site car spaces (tandem)

Close to Newcastle Law Courts, Newcastle University campus and Honeysuckle precinct. Adjacent to the Harbour Car Park Station and public transport is also easily accessible.

Property History for 4/342 Hunter St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$567,000
28 Jun 2024
Listed for Rent
$671/w
09 May 2022
  • 28 Jun 2024
    Sold for $567,000
  • 27 Jan 2021
    Listed for Rent $35,000 / year
  • 10 Aug 2018
    Listed for Rent - Price not available
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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 5,104 properties. Over the last 5 years, Houses in Newcastle have seen a 53.89% increase in median value, while Units have seen a 34.03% increase. As at 31 July 2024:

  • The median value for Houses in Newcastle is $1,867,207 while the median value for Units is $897,998.
  • Houses have a median rent of $745 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 11 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 290 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.