501/111 Scott StreetNewcastle NSW 2300
Property Details for 501/111 Scott St, Newcastle
501/111 Scott St, Newcastle is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 83m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Last Listing description (October 2017)
The ultimate in effortless executive living, this fully furnished apartment on the fifth floor of the popular Chifley complex boasts a flawless design. Spacious with an abundance of natural light, effortless alfresco flow and in a prime city-central position, it's a perfect executive retreat or ideal for investment.
Step inside to discover a bright open plan layout encompassing a well-appointed kitchen, two peaceful bedrooms, a stylish bathroom, European laundry plus the urban living 'musts' of secure underground parking. Relax or entertain on the sun-drenched balconies whilst taking in city views or step outside and discover Newcastle's revitalised urban epicentre with its choice of award-winning restaurants, hip bars and beautiful beaches literally all on your doorstep.
Currently leased to Chifley with solid returns, it's instantly appealing for buyers seeking a blue-chip investment or easy care inner city lifestyle.
- Fifth floor apartment in an executive CBD address
- Combines low maintenance interiors with lock up and go convenience
- Bright open layout features air-conditioning and easy flow to a choice of balconies
- Two air-conditioned bedrooms both appointed with built-in robes
- Gas-equipped kitchen with dishwasher and stone bench tops; Euro laundry
- Secure building and underground parking
- Strata fees approximately $838per quarter and Chifley pay all other outgoings including water, council rates and electricity costs
Property History for 501/111 Scott St, Newcastle, NSW 2300
- 12 Oct 2016Sold for $511,000
- 27 Sep 2016Listed for Sale $460,000 - $500,000
- 14 Apr 2011Sold for $459,950
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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 5,157 properties. Over the last 5 years, Houses in Newcastle have seen a 30.38% increase in median value, while Units have seen a 34.90% increase. As at 31 December 2024:
- The median value for Houses in Newcastle is $1,586,585 while the median value for Units is $941,146.
- Houses have a median rent of $750 while Units have a median rent of $695.
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