SOLD
Sold on 23 Aug 2024 for $665,000

515/386 King Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 79m2
Sold By
Belle Property Newcastle
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Property Details for 515/386 King St, Newcastle

515/386 King St, Newcastle is a 1 bedroom, 1 bathroom Unit and was built in 2022. The property has a land size of 79m2 and floor size of 51m2. 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
2022
Floor Size
51m2
Land Size
79m2
Local Government
Newcastle
Lot/Plan
36/SP104951

Last Listing description (September 2024)

Convenience is the key in this glamorous one-bedroom apartment, located within one of the city's most prestigious residential complexes and on the doorstep of Newcastle's long list of lifestyle attractions. Superbly appointed for the urbanite, a step inside lands you in a super-stylish open plan zone where a chic galley-style kitchen is on full show and a large verandah sweeps you outdoors and provides a panoramic view across the city. A generously scaled bedroom offers a peaceful retreat, the fully tiled bathroom has a luxurious edge, and a concealed laundry delivers daily convenience. Offering lifestyle excellence in spades, simply exit the building and walk to gourmet eateries, hip bars, light rail, the Honeysuckle precinct and the revitalized CBD.

- Sun-drenched entertainers balcony reveals breathtaking city views
- Open plan living/dining has engineered timber flooring and flows outdoors

- Streamline kitchen with induction cooktop and semi-integrated dishwasher
- Kitchen with stone benchtops, bathroom is fully tiled, both boast brass tapware
- Double-sized bedroom featuring a large built-in wardrobe
- Resident-only gym and lift access to your invaluable car space and storage cage
- Ducted air-conditioning, LED lights, neutral tones, study nook
- Step outside and directly into the city's heart, stroll to Darby Street
- Catch the light rail (or walk) to Newcastle Beach for your morning swim
- Lock and leave convenience for singles, couples, or investors wanting an inner-city pad

Property History for 515/386 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$665,000
23 Aug 2024
Listed for Rent
$610/w
11 Sep 2023
  • 23 Aug 2024
    Sold for $665,000
  • 03 Apr 2024
    Listed for Sale $665,000
  • 11 Sep 2023
    Listed for Rent $610 / 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.