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Sold on 15 Oct 2024 for $500,000

113/569 Hunter Street
Newcastle West NSW 2302

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 75m2
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Property Details for 113/569 Hunter St, Newcastle West

113/569 Hunter St, Newcastle West is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 2014. The property has a land size of 75m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Newcastle West in the last 12 months.

Building Type
Apartment
Year Built
2014
Floor Size
65m2
Land Size
75m2
Local Government
Newcastle
Lot/Plan
22/SP90190

Last Listing description (October 2024)

Convenience is the key in this low-maintenance apartment, located in the heart of Newcastle's booming West End. Tailor-made for an owner-occupier seeking an affordable springboard into a lifestyle address or an investor seeking a solid return in a red-hot rental market, it delivers something for everyone.

Cleverly laid-out and making the most of its corner position, its modern design features a sleek eat-in kitchen, a separate living room, two bedrooms and a quality bathroom with his-and-her vanity and laundry connection. Split-system air-conditioning keeps life comfortable in any weather conditions.

A single car space is another great asset, however, you can leave the car at home and explore the city on foot. Wander to trendy cafes and restaurants, Civic Theatre and the buzz of Honeysuckle, or jump on the light rail service and head to Newcastle Beach for a dose of salt air or link to the transport interchange for a swift journey to Sydney.

- Located in Newcastle West and only a short walk to Newcastle University
- Sleek eat-in galley-style kitchen featuring a s/steel oven with gas hob
- Large and separate living room with soft carpet underfoot
- Two bedrooms, main with BIR, the second with a desk and Juliette balcony
- Fully tiled bathroom with dual-sink vanity and shower, adjoins the laundry
- Step outside to restaurants, bars, the harbour and beaches, light rail nearby
- Walk to Darby Street, Marketown, the art gallery, and the city centre
- Lock and leave convenience for couples or a great return for investors

Rental Estimate: $570 - $620 approx per week
Council Rates: $430.00 approx per quarter
Water Rates: $198.85 approx per quarter

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 113/569 Hunter St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
$500,000
15 Oct 2024
Listed for Rent
$580/w
11 Nov 2022
  • 15 Oct 2024
    Sold for $500,000
  • 31 May 2024
    Listed for Sale $500,000
  • 11 Aug 2023
    Listed for Sale Not Disclosed
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About Newcastle West 2302

The size of Newcastle West is approximately 0.8 square kilometres. It has 5 parks covering nearly 31.8% of total area. The population of Newcastle West in 2011 was 593 people. By 2016 the population was 619 showing a population growth of 4.4% in the area during that time. The predominant age group in Newcastle West is 20-29 years. Households in Newcastle West are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newcastle West work in a professional occupation. In 2011, 36% of the homes in Newcastle West were owner-occupied compared with 35.9% in 2016..

Newcastle West has 1,785 properties. Over the last 5 years, Houses in Newcastle West have seen a 48.32% increase in median value, while Units have seen a 28.53% increase. As at 31 October 2024:

  • The median value for Houses in Newcastle West is $1,263,434 while the median value for Units is $728,791.
  • Houses have a median rent of $578 while Units have a median rent of $650.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Newcastle west on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Newcastle west.

Suburb Insights for Newcastle West 2302

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Jeremy Allwood
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Kate Spencer
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TaylorHedley Property
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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.