SOLD
Sold on 05 Aug 2024 for $565,000

508/9 Watt Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 1511m2
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Property Details for 508/9 Watt St, Newcastle

508/9 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 56m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
56m2
Land Size
1511m2
Local Government
Newcastle
Lot/Plan
40/SP91597

Last Listing description (October 2024)

As soon as you enter this east-facing apartment, you're bathed in sunlight, illuminating a space that perfectly blends traditional charm with modern practicality. The natural light not only enhances the cozy atmosphere but also accentuates the smart, clutter-free design. Step onto your private balcony for a serene retreat, where glimpses of Newcastle Beach and the harbour offer a peaceful backdrop to your daily life. This apartment, nestled within a secure building, promises not just a place to live but a sanctuary that captures the essence of comfortable and secure urban living.

Situated mere moments from both Newcastle Beach and the lively Newcastle Harbour, this apartment offers an unparalleled lifestyle opportunity. The beauty of living here extends beyond the stunning natural landscapes to the vibrant urban life. You're just a short walk from the iconic Customs House, where history and culture converge, and the Station Plaza, a hub of community life with its pop-up events and inviting picnic lawn. This prime location ensures that whether you're in the mood for a peaceful beach day, a scenic harbour stroll, or engaging in the local cultural scene, everything is within easy reach. Experience the best of both worlds in a location that seamlessly blends the tranquility of beachside living with the excitement of city life, all from the comfort of your own home.

Property Features

- Stainless Steel Dishwasher
- Gas Cooking
- Split System Air Conditioning
- Secure Parking
- FOB entry for building and elevator access.
- Estimated AirBNB revenue between $60,000 - $70,000 annually

Property History for 508/9 Watt St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$565,000
05 Aug 2024
Listed for Rent
$390/w
04 Jul 2018
  • 05 Aug 2024
    Sold for $565,000
  • 12 Mar 2024
    Listed for Sale $580,000
  • 28 May 2018
    Listed for Rent $360 / week
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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 5,138 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 22 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 268 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.