57/1 King StreetNewcastle NSW 2300
Property Details for 57/1 King St, Newcastle
57/1 King St, Newcastle is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 2352m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Last Listing description (May 2015)
Views to the north over the city to Stockton Bight and to the south over South Newcastle Beach and surrounding coastline.
Only 3 apartments on this level and this is an end position. Spacious open plan living room opening out onto the entertaining terrace. Beautifully appointed kitchen. Large master bedroom sharing the main balcony. Beautiful, well appointed bathroom. Generously proportioned guest bedroom with built-ins and opening out onto the 2nd balcony with northerly aspect and vistas.
Complementing all these features are 2 security parking spaces and lockup storeroom.
Inspection a pleasure.
(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)
Property History for 57/1 King St, Newcastle, NSW 2300
- 01 May 2015Sold for $930,000
- 22 Oct 2014Listed for Sale $935,000
- 23 Jul 2011Listed for Rent - Price not available
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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.
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