48/575 Hunter StreetNewcastle West NSW 2302
Property Details for 48/575 Hunter St, Newcastle West
48/575 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 83m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (October 2016)
Located in the ten storey Quest Apartments complex, this apartment offers an affordable opportunity to buy into inner city living.
Representing excellent value for first home buyers and investors alike, this sixth floor abode presents a great opportunity to get your foot in the door of this building comprising of 67 apartments. This unit is currently tenanted until January 2017 for $455 per week, so you will have the opportunity to start reaping the rewards of such a great investment immediately.
The well-appointed kitchen offers a dish drawer and ample cabinetry, complete with breakfast bar and flows to the open lounge and dining room. Both bedrooms feature mirrored built-in robes and the master bedroom opens up onto a private balcony and own ensuite. The second bedroom is easily serviced by the main bathroom complete with bathtub.
Situated only minutes from the CBD, Event Cinemas, trendy boutique shops and cafes and moments from our most exquisite beaches, this gives buyers the chance to enter the market or add to a current portfolio with a current return already in place.
Property History for 48/575 Hunter St, Newcastle West, NSW 2302
- 30 Aug 2016Sold for $475,000
- 15 Aug 2016Listed for Sale $475,000
- 01 Jul 2016Listed 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 1,783 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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