12/575 Hunter StreetNewcastle West NSW 2302
Property Details for 12/575 Hunter St, Newcastle West
12/575 Hunter St, Newcastle West is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 2739m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (September 2016)
Where else can you find an inner city two bedroom, two bathroom apartment with guaranteed rent of $21,378.04 per annum?
This North facing apartment is being sold fully furnished and has a lease in place until 10 June 2020, with two five year options, possibly taking it to 2030.
Positioned on level 3 in the Quest building, this spacious apartment offers;
- Modern fully equipped kitchen with Fisher & Paykel oven, cook top, dishwasher, fridge and pantry
- The main bedroom is fully furnished, with en-suite,TV, built-ins and a balcony
- The second bedroom is fully furnished with queen bed and built-in
- The main bathroom is very spacious
- Own laundry including Fisher & Paykel washer and dryer
- Secure parking
- 24 hour on-site management
- Heater spa, lap pool and gym
- Restaurant, coffee shop & bar next door
- Walking distance to shops, transport at the door, the wonderful harbour and all the inner city living offers
Your lease includes;
4% annual reviews with the tenant paying all gas, electricity, water rates, water usage, insurances, partial body corporate fees, maintenance of common furniture and fittings and 50% of the council rates.
Property History for 12/575 Hunter St, Newcastle West, NSW 2302
- 12 Aug 2016Sold for $439,000
- 25 Jul 2016Listed for Sale $439,000
- 08 Nov 2002Sold for $271,000
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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 1,784 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.
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