148 Parry StreetNewcastle West NSW 2302
Property Details for 148 Parry St, Newcastle West
148 Parry St, Newcastle West is a 0 bedroom, 0 bathroom House. The property has a land size of 762m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (May 2022)
148 Parry Street is a premium hospitality investment leased to one of Newcastle's most popular bar and restaurant operators, 'The Edwards'.
The property boasts a significant gateway freehold site with enormous possibilities in its future.
The building comprises a single storey brick and iron constructed commercial building and boasts internal finishes inspired by chic industrial elements.
Net passing income of $200,000* per annum (plus GST).
For Sale by Public Auction | Thursday 26 May 2022 at 2pm
Ground Floor, 18 Honeysuckle Drive, Newcastle
*Approximate
Property History for 148 Parry St, Newcastle West, NSW 2302
- 07 Jun 2022Sold for $4,051,000
- 22 Apr 2022Listed for Sale Please contact agent
- 21 Jul 1999Sold for $390,000
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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 1,783 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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