OFF MARKET

503/111 Scott Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 66m2
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Property Details for 503/111 Scott St, Newcastle

503/111 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 66m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2011
Floor Size
53m2
Land Size
66m2
Local Government
Newcastle
Lot/Plan
10/SP85864

Last Listing description (December 2021)

Tap into Newcastle's lucrative tourism sector when leasing this superbly located furnished 2-bedroom apartment through the Aden Hotels Group delivering great returns. Approximately FY 2021 $33,600 pa. Positioned in the thriving east end of the city, it places you on the doorstep to everything Newcastle has to offer with the harbour foreshore and a choice of beautiful beaches easily accessible on foot. With a location that's hard to beat, you may of course choose to move in yourself, use as a weekender, or let privately either way, those looking for a carefree city base will be impressed by the lock-and-leave convenience. Positioned on the fifth floor of the Terminus Apartment Hotel, the residence has an open plan layout with Caesarstone-topped kitchen, two robed bedrooms, Euro laundry, shower bathroom and a secure parking spot.
- Great returns approx. FY 2021 $33,600 pa.
- Fifth floor apartment with secure entry, daytime concierge and lift access

- Fully furnished (recently upgraded)
- Air-conditioning and neutral decor make the apartment immediately inviting
- Open plan living and streamlined kitchen with electric hob, oven and dish drawer
- Two generously sized bedrooms with built-in robes sharing a shower bathroom
- Secure underground parking for one vehicle
- Jump on the light rail at the doorstep and explore Honeysuckle, Darby Street or the vibrant west end

Walkom Real Estate adhere to strict health & safety guidelines at all inspections.

(We have obtained all information used in the preparation of this document from third party sources however, we cannot guarantee the accuracy or currency of this information. Prospective purchasers and their advisors are advised to carry out and rely their own enquiries and investigations in relation to the information in this document and the property it concerns. This document is provided for marketing purposes only, and does not constitute an offer by our agency or the vendor.)

For more information on Kate go to https://www.katerundle.com.au

Property History for 503/111 Scott St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$570,000
11 Nov 2021
  • 11 Nov 2021
    Sold for $570,000
  • 21 Sep 2021
    Listed for Sale $560,000 - $585,000
  • 01 Nov 2012
    Sold for $320,000

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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 5,102 properties. Over the last 5 years, Houses in Newcastle have seen a 57.34% increase in median value, while Units have seen a 40.93% increase. As at 31 August 2024:

  • The median value for Houses in Newcastle is $1,884,487 while the median value for Units is $939,602.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 34 properties listed for sale, and 12 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 288 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.