SOLD
RECENT ADVICE
Sold on 29 Jan 2024 for $760,000

7/5 Scott Street
Newcastle East NSW 2300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 7/5 Scott St, Newcastle East

7/5 Scott St, Newcastle East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Newcastle East in the last 12 months.

Building Type
Unit
Local Government
Newcastle
Lot/Plan
7/SP1805

Last Listing description (January 2024)

Embrace coastal city living in a location that celebrates a connection to the sand, surf and sea. Positioned just 200m from Newcastle Beach, this "Pacific Court" unit offers a dream low-maintenance lifestyle. Grab your board and catch a wave off Newcastle Point, enjoy the revamped Ocean Baths (due to reopen in summer) or stroll to Nobbys Beach for a swim or spot of dolphin watching. A myriad of cafes, restaurants, pubs and bars are also within walking distance, as is Hunter Street Mall, where boutique stores are interspersed with eateries. Alternatively, explore East End Village, a vibrant new urban precinct.

There's no shortage of places for a scenic picnic, either. Stroll to Tramway Reserve and find a shady spot to embrace the coastal landscape or sit beneath the majestic fig trees in nearby Pacific Park. Afterwards, head home to your two bedroom, one bathroom apartment, which features a compact kitchen and a living and dining area that opens to the balcony and glimpses ocean views.

And while there is a single lock-up garage to store your car, with so much accessible on foot and plentiful public transport on your doorstep, you might just find it becomes a handy storage place!

Whether it's a beachside haven or investment you're seeking, this one is worthy of your time.

Property Specifications:
- 2nd floor unit in a prime beachside location
- Part of the secure "Pacific Court" complex
- Compact kitchen with dishwasher
- Open plan living and dining area, opens to the balcony
- Two bedrooms with built-in robes and one bathroom
- Single lock-up garage
- Balcony with beach glimpses
- Stroll to Newcastle Beach (200m), Ocean Baths (240m), Nobbys Beach (550m)
- Walk to Tramway Reserve (100m), Pacific Park (210m), Shortland Esplanade Lookout (230m), Foreshore Park (450m)
- Approx. 400m from Hunter St Mall, with cafes, restaurants, boutiques
- 1km from the new vibrant urban precinct, East End Village
- 2.4km from Marketown Shopping Centre
- Council Rates; $2,213.60 pa approx. Water Rates; $805.03 pa + usage approx. Strata; $5,248 pa approx.

(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)

Property History for 7/5 Scott St, Newcastle East, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$760,000
29 Jan 2024
Listed for Rent
$495/w
22 Jan 2014
  • 29 Jan 2024
    Sold for $760,000
  • 03 Nov 2023
    Listed for Sale $760,000
  • 06 Dec 2013
    Listed for Rent $495 / week
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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 727 properties. Over the last 5 years, Houses in Newcastle East have seen a 57.65% increase in median value, while Units have seen a 44.95% increase. As at 31 August 2024:

  • The median value for Houses in Newcastle East is $2,020,609 while the median value for Units is $1,147,704.
  • Houses have a median rent of $750 while Units have a median rent of $760.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Newcastle east on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Newcastle east.

Suburb Insights for Newcastle East 2300

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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.