OFF MARKET

12/575 Hunter Street
Newcastle West NSW 2302

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
Land area: 2744m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

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 2744m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
2000
Floor Size
81m2
Land Size
2744m2
Local Government
Newcastle
Lot/Plan
12/SP62883

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;

- Large living area, comfortably furnished with air conditioning and TV
- 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

A timeline of how this property has performed in the market
Last Sold
$439,000
12 Aug 2016
  • 12 Aug 2016
    Sold for $439,000
  • 25 Jul 2016
    Listed for Sale $439,000
  • 08 Nov 2002
    Sold for $271,000

Commute Calculator

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 1,818 properties. Over the last 5 years, Houses in Newcastle West have seen a 61.50% increase in median value, while Units have seen a 36.94% increase. As at 31 July 2024:

  • The median value for Houses in Newcastle West is $1,371,360 while the median value for Units is $752,511.
  • Houses have a median rent of $475 while Units have a median rent of $620.
There are currently 17 properties listed for sale, and 1 property listed for rent in Newcastle west on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Newcastle west.

Suburb Insights for Newcastle West 2302

Market Insights
Newcastle West Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Newcastle West Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.