40/48 Zaara StreetNewcastle East NSW 2300
Property Details for 40/48 Zaara St, Newcastle East
40/48 Zaara St, Newcastle East is a 2 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1995. The property has a land size of 2285m2 and floor size of 450m2. While the property is not currently for sale or for rent, it was last sold in January 2005.
Last Listing description (September 2014)
The Pinnacle Of Beachfront Penthouse Living
This breathtaking 442sqm absolute beachfront penthouse apartment is designed to maximise the commanding harbour and ocean views. The property is far from the traditional downsize expectancy of the move from the family home, comprising four bedrooms plus study, master suite with walk-in robe, ensuite, double vanities and full marble walls. The stunning designer kitchen has stainless steel European appliances, granite bench-tops and high quality cabinetry. There is a huge formal lounge with full bar and wine storage facilities and of course a functioning fireplace and a formal dining room. The four balconies all have absolutely stunning views of the harbour and ever changing ocean. Offering intricate parquetry floors, underfloor heating, conservatory, ducted air conditioning and heating throughout, surround sound, four security car spaces and the owners complete dedication to detail, this property is one of a kind and a must inspect.
Property History for 40/48 Zaara St, Newcastle East, NSW 2300
- 24 May 2013Listed for Sale $3,300,000
- 19 Jan 2005Sold for $2,600,000
- 20 Nov 1995Sold for $901,000
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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.
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