57/7 King StreetNewcastle NSW 2300
Property Details for 57/7 King St, Newcastle
57/7 King St, Newcastle is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 60m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (July 2024)
Only footsteps from Newcastle beach this 1 bedroom apartment has picturesque views of the Newcastle coastline. Positioned on the 8th floor in the sought after "Royal" apartments, the oversized living area is highlighted by floor to ceiling sliding doors which open out onto the light-filled veranda.
With high quality finishes throughout, the kitchen contains smeg appliances including a dishwasher, electric oven and 4 burner gas cook-top, whilst the bedroom has a floor to ceiling built in wardrobe. A "European laundry" is situated off the bathroom and allows the space throughout the apartment to be used to its full extent.
A neutral tone colour scheme has been implemented, allowing the potential purchaser to modify the space and styling to their own taste. The location has it all; Newcastle CBD, the light rail interchange, Newcastle beach and Hunter Street mall are all within a brief walk of this tightly held apartment block.
- Large 10m² storage cage comes with the apartment
- Gym and spa located within the apartment block
- Picturesque views of Newcastle beach
- Oversized living area
- Floor to ceiling tiles in bathroom
- Ducted air conditioning throughout
- Perfect lifestyle location
- Council Rates: Approx. $1,230 p/a.
- Water Rates: Approx. $670 + usage p/a.
- Strata Rates: Approx. $988 p/q.
Property History for 57/7 King St, Newcastle, NSW 2300
- 15 Sep 2023Sold for $720,000
- 01 Sep 2023Listed for Sale $660,000 Friendly Auction
- 04 Feb 2020Sold for $615,000
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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.
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