SOLD
Sold on 25 Jan 2024 for $790,000

612/386 King Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 79m2
Land area: 95m2
Sold By
GWH RE PTY LTD
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Property Details for 612/386 King St, Newcastle

612/386 King St, Newcastle is a 2 bedroom, 1 bathroom Unit and was built in 2022. The property has a land size of 95m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
79m2
Land Size
95m2
Local Government
Newcastle
Lot/Plan
43/SP104951

Last Listing description (March 2024)

Located in the iconic SKY Residences, this refined 2-bedroom apartment is positioned right in the heart of Newcastle. Offering the perfect combination of luxury and convenience, this stunning home epitomises urban living at its finest.

Features include:
- Chef's kitchen featuring premium SMEG appliances and stone top kitchen benches

- Both bedrooms offer generous mirrored built-in wardrobes, with the bathroom positioned adjacent to one of the bedrooms
- North-facing balcony, perfect for alfresco dining and entertaining
- European-style laundry including a dryer
- Exclusive resident-only access to the pool, gym and breathtaking rooftop terrace with incredible 360 degree views over Newcastle, complete with an indoor and outdoor kitchen and barbeque facilities
- Within walking distance to Newcastle's best cafes, harbourside restaurants, beaches, light rail & University of Newcastle campuses

About the agent - GWH RE was born after recognising the need for a reliable Newcastle real estate agency with a refreshing, streamlined and progressive approach to residential and commercial property. Offering all-inclusive, custom real estate services with the assistance of a preferred partner network of suppliers, the friendly team at GWH/RE can sell, rent, and manage your residential and commercial investments. Our techniques are tailored specifically to benefit your property and to achieve the best outcome for you.

About the builder & developer - GWH are the local experts in Newcastle and the Hunter regions, having completed over 600 new homes in the last five years. In that period they have been awarded for safety, residential construction and been independently assessed and received their iCIRT rating.

They have a strong reputation for turning possibilities into reality by delivering on-time, high-quality projects. Thanks to unparalleled integrated partnerships with the companies in the Hunter Construction Group, GWH have complete project transparency, enabling them to view, manage, streamline, and control their projects from beginning to end. This is where they are without equal.

Property History for 612/386 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$790,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $790,000
  • 10 Jan 2024
    Listed for Sale Price Guide $755,000 to $790,000
  • 25 Mar 2022
    Sold for $599,950

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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 5,139 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 24 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 267 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.