SOLD
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Sold on 15 Aug 2024 for $532,000

402/111 Scott Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 402/111 Scott St, Newcastle

402/111 Scott St, Newcastle is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in Newcastle in the last 12 months.

Building Type
Apartment

Last Listing description (August 2024)

Right at home in the heart of Newcastle, this boutique apartment is all about convenience and captivating views. Situated in the historic "Terminus Apartment Hotel" it's appointed with a functional and open plan kitchen, living, and dining zone, a comfortable bedroom with a built-in robe and a tasteful bathroom. The highlight? A sprawling 52m² alfresco terrace that faces out across parkland and harbour views.

A designated car park is also provided – with the best of Newcastle on your doorstep. Plentiful public transport is also assured, so you can navigate your way across the city with ease.

Currently, the apartment forms part of the Terminus Apartment Hotel letting pool. Capitalise on this investment opportunity and make this your must see.

Property Specifications:
- Boutique apartment in a prime inner-city location
- Situated in the historic "Terminus Apartment Hotel"
- Ideal investment in the heart of Newcastle
- Sunny, open plan kitchen, living and dining zone
- Compact yet fully functional kitchen includes a sink, oven, cooktop, dishwasher drawer and storage
- Bedroom with built-in robe
- Tasteful bathroom
- Supersized 52m2 alfresco entertaining terrace
- Air-conditioning
- One designated car park
- Currently forms part of the Terminus Apartment Hotel letting pool
- Strata Rates: $6,122.48 pa approx. Council Rates: $1,492 pa approx. Water Rates: $535.20 pa approx. + usage

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 402/111 Scott St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$532,000
15 Aug 2024
  • 31 Jul 2024
    Sold for $535,000
  • 19 Jul 2024
    Listed for Sale $532,000
  • 04 Apr 2022
    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 5,138 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 33 properties listed for sale, and 22 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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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.