SOLD
Sold on 10 Aug 2024 for $766,000

7/16-18 Newcomen Street
Newcastle NSW 2300

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 7/16-18 Newcomen St, Newcastle

7/16-18 Newcomen St, Newcastle is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
2001
Local Government
Newcastle
Lot/Plan
7/SP66170

Last Listing description (August 2024)

Contemporary Inner-city Living

Positioned in the vibrant heart of Newcastle, this stylish apartment offers the ultimate urban lifestyle. A short stroll takes you to trendy shops and essential transport links, making daily errands and commutes a breeze. Just minutes away, you'll find Newcastle's iconic beaches, perfect for morning swims or sunset walks along the shore. Culinary enthusiasts will be delighted by the array of nearby restaurants and bars, offering everything from casual bites to fine dining, ensuring every meal can be a new experience.

Inside, the apartment's open-plan living area is designed for modern comfort, with floorboards, air-conditioning and glass sliding doors that open onto a balcony with charming harbour glimpses. This space is perfect for entertaining guests or simply unwinding. The interior includes three spacious bedrooms, each with built-in robes for ample storage. The modern kitchen, complete with a dishwasher, is a chef's delight, while the internal laundry adds a touch of convenience. The bathroom, featuring a bathtub, provides a relaxing retreat after a long day. Additionally, a secure car space adds to the convenience, making city living effortless. Ideal for first home buyers, investors or owner-occupiers, this home offers a low-maintenance, effortlessly stylish city pad. Embrace the Newcastle lifestyle where urban sophistication meets coastal charm, offering a perfect blend of work and play.

Property History for 7/16-18 Newcomen St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$766,000
10 Aug 2024
  • 10 Aug 2024
    Sold for $766,000
  • 28 Jun 2024
    Listed for Sale Not Disclosed
  • 13 Jul 2019
    Listed for Sale RANGE $690,000 - $710,000
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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 5,138 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 36 properties listed for sale, and 22 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 278 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.