510/111 Scott St, Newcastle is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 83m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
With a location that is second to none in the heart of the city, this 2-bedroom, 2-bathroom residence, in the heritage listed 'Quality Apartments' complex, is perfectly positioned with the beach, harbour, community events and new light rail on the doorstep. As a lifestyle, it offers effortless, lock-up-and-leave living with a low maintenance open plan layout, alfresco balcony and secure parking. As an investment, consider private letting or short, medium and long-term leasing to both business and leisure guests through the Choice Hotels Group.
* Bright open layout features air-conditioning and outdoor flow
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:
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