OFF MARKET

506/9 Watt Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 1511m2
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Property Details for 506/9 Watt St, Newcastle

506/9 Watt St, Newcastle is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 1511m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2015
Floor Size
58m2
Land Size
1511m2
Local Government
Newcastle
Lot/Plan
38/SP91597

Last Listing description (December 2022)

Tattersalls on Watt - contemporary, stylish, and just minutes from the beach.
Inspired by laidback living with iconic views of the harbour this apartment allows you to entertain from your undercover balcony and relax by enjoying a magical sunset or watching one of the ships sail into Newcastle harbour. You are just a short stroll to Nobby's and Newcastle beach which are perfect spots for your morning swim or surf and right on the doorstep of boutique shops, trendy wine bars, cafes, and top-notch restaurants.

This expansive one-bedroom apartment boasts a spacious light-filled open-plan living, dining and kitchen area that features stone surfaces, gas cooking and quality appliances including a dishwasher. It also comprises a generously sized large bedroom that features a large wardrobe and connects to a two-way bathroom which includes a separate bath and shower recess. The property is complete with secure entry, a euro laundry, air-conditioning and a secure parking space with storage cage.

Key Features:
- Fifth floor apartment in the Tattersalls on Watt with secure entry and lift access
- Air-conditioning in the living room providing comfort all year round
- Kitchen with Caesarstone benchtop, Omega gas cooktop, oven and dishwasher
- Spacious bedroom with large built-in robe and two-way access to the fully tiled bathroom that includes a separate bath and shower recess
- Euro laundry with dryer
- Secure car parking space with storage cage
- Undercover balcony with harbour views perfect for alfresco dining and entertaining
- 400m from Newcastle Beach and seaside dining and 850m to Nobbys Beach
- Light rail stop, harbour foreshore, East End precinct, Darby Street and Honeysuckle all within walking distance
- Approximate rental return for investors of $530 per week for a long-term tenancy. Potential Airbnb rental return of $600-$1000 per week.

Outgoings:
Council Rates: $365.35 approx. per quarter
Water Rates: $304.75 approx. per quarter
Strata Rates: $780.65 approx. per quarter

Property History for 506/9 Watt St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$645,000
08 Nov 2022
Listed for Rent
$405/w
29 Oct 2018
  • 08 Nov 2022
    Sold for $645,000
  • 06 Oct 2022
    Listed for Sale Under Offer
  • 15 Sep 2020
    Sold for $445,000
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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 5,157 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.
There are currently 32 properties listed for sale, and 23 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 278 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.