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Sold on 04 Mar 2024 - Price Unavailable

3/18 Wood Street
Newcastle West NSW 2302

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 175m2
Land area: 1569m2
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Property Details for 3/18 Wood St, Newcastle West

Building Type
Commercial
Floor Size
175m2
Land Size
1569m2
Local Government
Newcastle
Lot/Plan
3/SP49985

Last Listing description (March 2024)

Commercial Offices plus a One Bedroom Apartment

An incredible opportunity is available to buy both a residential apartment and an office at the same location in the CBD of Newcastle, opposite the ABC Radio Studios.

Very rare to live and work side by side. No travel needed here and no need for a vehicle as public transport is available virtually from the door. However 3 car spaces are allocated to the premises. The office and apartment are gated for security and the location is very quiet.

A short drive to Marketown Shopping Centre with Newcastle Harbour and beaches only a short distance away. The property consists of a commercial area providing 5 offices plus a reception area plus an exclusive one bedroom apartment with seperate entrance. Polished timber floors throughout with ultra-modern appliances in a beautiful kitchen, raked ceiling to living area, fast internet and ducted air conditioning throughout.
Inspections are a must to believe.
Contact Patrick Mitchell for further details.

Property History for 3/18 Wood St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
04 Mar 2024
Listed for Rent
$1.01k/w
28 Nov 2023
  • 04 Mar 2024
    Sold for $930,000
  • 09 Feb 2024
    Listed for Sale $850,000 - $900,000
  • 06 Sep 2023
    Listed for Rent - Price not available
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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.
There are currently 13 properties listed for sale, and 2 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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Contact agent
Patrick Mitchell
Show contact details
Street Property - Newcastle (Sales)
Preferred contact:
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.