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Sold on 22 Jul 2024 for $5,434,000

495 Hunter Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1839m2
Land area: 654m2
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Property Details for 495 Hunter St, Newcastle

Building Type
Commercial
Floor Size
1839m2
Land Size
654m2
Local Government
Newcastle
Lot/Plan
1/DP87872

Property History for 495 Hunter St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$5,434,000
22 Jul 2024
  • 22 Jul 2024
    Sold for $5,434,000
  • 27 Jul 2010
    Sold for $1,800,000
  • 29 May 2003
    Sold for $875,000
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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 5,159 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 32 properties listed for sale, and 26 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 276 properties were sold in the past 12 months in Newcastle.

What's around 495 Hunter St, Newcastle

Nearby Schools
Comparable Properties

Suburb Insights for Newcastle 2300

Market Insights
Newcastle Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


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Neighbourhood Insights
Age

Population 2,752

0-9

 

4%

10-19

 

5%

20-29

 

24%

30-39

 

18%

40-49

 

11%

50-59

 

15%

60-69

 

15%

70-79

 

8%

80-89

 

2%

Household Structure
Occupancy
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.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.
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