OFF MARKET

4/575 Hunter Street
Newcastle West NSW 2302

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 2739m2
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Last updated 11 Nov 2024
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Property Details for 4/575 Hunter St, Newcastle West

4/575 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 82m2. While the property is not currently for sale or for rent, it was last sold in May 2002.

Building Type
Unit
Year Built
2000
Floor Size
82m2
Land Size
2739m2
Local Government
Newcastle
Lot/Plan
4/SP62883

Last Listing description (August 2013)

Attention Investors - Huge 2 bedroom Serviced Apartment !
The Quest Apartment complex is a ten-storey building comprising of 67 apartments, 48 serviced and 19 freehold, with ground floor secure parking.
This is a great opportunity to purchase a 2 bedroom serviced apartment in the ever popular quest Apartment building. You have guaranteed rental returns totalling approx $28,000 per year.

This apartment features a much larger than other units outdoor terrace in the complex and comes with a very functional floor plan.
The Quest Apartments have developed a reputation for providing outstanding executive accommodation around Australia and are a great investment for owners looking for guaranteed returns, let someone else do all the wok while you reap the rewards.
The building offers an indoor pool, spa and gymnasium as well as security access and 24hr reception.
This apartment is for investors only,at this stage! You can not live in it at present.
For more information on this Listing and other investment opportunities please call
Your selling specialist Dean Pinter
Making the hard choice of choosing an agent easy

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Property History for 4/575 Hunter St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
$265,000
28 May 2002
  • 20 Jul 2013
    Listed for Sale FROM $329,500
  • 10 Mar 2011
    Listed for Sale OFFERS OVER $375,000
  • 28 May 2002
    Sold for $265,000

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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.
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.

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