SOLD
Sold on 25 Jan 2024 for $800,000

505/509 Hunter Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 97m2
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Belle Property Newcastle
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Property Details for 505/509 Hunter St, Newcastle

505/509 Hunter St, Newcastle is a 2 bedroom, 1 bathroom Unit and was built in 2021. The property has a land size of 97m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
70m2
Land Size
97m2
Local Government
Newcastle
Lot/Plan
24/SP104042

Last Listing description (September 2024)

Positioned on the fifth floor of the remarkable Sky Residence apartment complex, this sophisticated inner-city residence boasts plenty of wow-factor with its plush interior and glittering harbour view. Designer elements are on offer throughout its two-bedroom layout, including an impressive kitchen flaunting showroom vibes, a high-end bathroom, and open plan living flowing out to an alfresco terrace with glass balustrade allowing a seamless outlook. Complete with air-conditioning and secure parking, this urban sanctuary provides a truly magnificent escape in Civics' cultural precinct, footsteps from vibrant cafes, city bars, Newcastle University's city campus, Civic theatre and transport.

- Impeccably finished inner-city apartment, presenting as-new throughout
- Open plan living boasts floor-to-ceiling glass doors to the covered balcony

- Deluxe stone kitchen with quality appliances and a stunning showroom finish
- Both bedrooms are generous and equipped with a built-in wardrobe
- Luxe bathroom - fully tiled and featuring stylish gold hardware
- Secure apartment complex, secure car space, lift access
- Sensational rooftop terrace captures city, harbour and ocean views
- Resident-only access to a resort-style pool and gymnasium
- Stroll to Honeysuckle's bars and restaurants, city cafes, and light rail

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Property History for 505/509 Hunter St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$800,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $800,000
  • 10 May 2019
    Listed for Sale Not Disclosed
  • 13 Sep 2018
    Sold for $600,000

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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 5,139 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 24 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Newcastle.

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