5/16 Telford StreetNewcastle East NSW 2300
Property Details for 5/16 Telford St, Newcastle East
5/16 Telford St, Newcastle East is a 0 bedroom, 0 bathroom Unit with 8 parking spaces. The property has a land size of 563m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (July 2020)
- Situated on the corner of Telford and Bond Street in Newcastles east end, the central location of the property lends itself to being conveniently surrounded by all local amenities and services, including being 160m* from the Newcastle Beach light rail stop. Within the East End precinct there is an abundance of cafes, bars and restaurants as well as the foreshore park and numerous world class beaches all within short walking distance of the property.
Key features include:
- Eight on-site car spaces
- Uninterrupted harbour views
- Modern industrial style fitout in situ
- Exposed timber beams and brickwork throughout
- Ducted air-conditioning
- LED lighting
- NBN connectivity
- Renovated bathrooms including shower
- Modern kitchen
- Lift access to floor
Rental - $160,000 net per annum (plus GST)
Outgoings are payable in addition to the above rental.
*Approximate.
Property History for 5/16 Telford St, Newcastle East, NSW 2300
- 23 Jul 2021Sold for $3,350,000
- 12 Sep 2019Listed for Rent - Price not available
- 18 Jun 2019Listed for Rent - Price not available
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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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