SOLD
Sold on 19 Feb 2024 for $402,000

7/199 King Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 31m2
Land area: 1107m2
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Property Details for 7/199 King St, Newcastle

7/199 King St, Newcastle is a 1 bedroom, 1 bathroom Unit and was built in 1967. The property has a land size of 1107m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Newcastle in the last 12 months.

Building Type
Unit
Year Built
1967
Floor Size
31m2
Land Size
1107m2
Local Government
Newcastle
Lot/Plan
7/SP2831

Last Listing description (January 2019)

It is very rare that you find a Fully Furnished Studio apartment within walking distance to the University, Darby Street Cafes, Restaurants, Foreshore, Public Transport or 10 Minute walk to the Beach & Baths. This neat and tidy Studio Apartment located in The Moorings sitting on the embankment above King Street, is one of Newcastle s art deco residential buildings. The Studio consists of a comfortable living area with kitchen, bathroom and shared laundry. Do not miss out on this central position lifestyle, book an inspection today. Owner is happy to negotiate on furniture to suit any applicant.

Property History for 7/199 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$402,000
19 Feb 2024
Listed for Rent
11 Jan 2019
  • 19 Feb 2024
    Sold for $402,000
  • 29 Nov 2018
    Listed for Rent $300 / week
  • 28 Oct 2009
    Sold for $150,000
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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 5,139 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.