OFF MARKET

16/48 Zaara Street
Newcastle East NSW 2300

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 2285m2
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Property Details for 16/48 Zaara St, Newcastle East

16/48 Zaara St, Newcastle East is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 2285m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1995
Floor Size
126m2
Land Size
2285m2
Local Government
Newcastle
Lot/Plan
16/SP51327

Last Listing description (January 2021)

Right on the doorstep of Newcastle beach, this 3-bedroom, 2-bathroom apartment beautifully integrates with its natural surrounds flaunting an easy, breezy beach house aesthetic and a relaxed holiday-at-home vibe.

Positioned on level three, light-filled open plan living connects to an alfresco verandah that's a delicious suntrap with its perfect northeast aspect, and will no doubt be your go-to spot for your morning coffee while you check out the surf conditions.

The seaside 'Kingston' complex is renowned for its resort facilities including an outdoor pool, full-size tennis court and communal barbecue area along with giving you a ringside seat to the V8 Supercars. The unbeatable location is close to a choice of cafes and Newcastle ocean baths with the light rail just around the corner.

- Video entry, lift access and secure underground parking for two vehicles
- Open plan living with A/C, easycare tiled floors and northeast facing verandah
- Contemporary kitchen fitted with dishwasher and electric cooking appliances
- Heated tile floor under the lounge and dining room
- Three generously sized bedrooms served by master ensuite and family bathroom
- Two secure parking spaces and light rail on the doorstep
- Stroll the scenic Bathers Way along the shoreline to popular eateries, parks and Nobbys breakwall
- Approximate return of $750 per week for investors
- Heated flooring

* Health & Safety Measures are in Place for Open Homes & All Private Inspections
* All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property.

Outgoings:

Council rates: $1,356 approx per annum
Water rates: $677.07 approx per annum
Strata rates: $2,565.26 approx per quarter

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 16/48 Zaara St, Newcastle East, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$1,200,000
09 Dec 2020
Listed for Rent
$750/w
22 Jul 2019
  • 09 Dec 2020
    Sold for $1,200,000
  • 14 Nov 2020
    Listed for Rent - Price not available
  • 07 Oct 2020
    Listed for Sale Guide $1,195,000 - $1,250,000
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About Newcastle East 2300

The size of Newcastle East is approximately 0.4 square kilometres. It has 8 parks covering nearly 64.2% of total area. The population of Newcastle East in 2011 was 990 people. By 2016 the population was 1,024 showing a population growth of 3.4% in the area during that time. The predominant age group in Newcastle East is 50-59 years. Households in Newcastle East are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newcastle East work in a professional occupation. In 2011, 37.6% of the homes in Newcastle East were owner-occupied compared with 45.6% in 2016.

Newcastle East has 726 properties. Over the last 5 years, Houses in Newcastle East have seen a 46.81% increase in median value, while Units have seen a 41.28% increase. As at 30 November 2024:

  • The median value for Houses in Newcastle East is $1,813,296 while the median value for Units is $1,185,011.
  • Houses have a median rent of $875 while Units have a median rent of $755.
There are currently 2 properties listed for sale, and no properties listed for rent in Newcastle east on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Newcastle east.

Suburb Insights for Newcastle East 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.