5/572 Hunter StreetNewcastle West NSW 2302
Property Details for 5/572 Hunter St, Newcastle West
5/572 Hunter St, Newcastle West is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 276m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (June 2021)
- Located on the northern side of Hunter Street, the subject property boasts excellent exposure to the intersection of Union and Hunter Streets.
- The offering is an open plan suite which has recently been painted internally and has split system air-conditioning. The suite benefits from its own kitchenette, internal amenity and the entrance to the property has ramp access which is fully compliant.
- The property benefits from a single garaged car park and three separate secure storage rooms.
Property features include:
- Offered with vacant possession
- 127sqm* internal strata area
- 51sqm* car parking and storage area
- Entry level opportunity for owner-occupiers and investors
- Zoned B3 Commercial Core under Newcastle Local Environmental Plan 2012
- Suitable for commercial, retail or medical (STCA)
- Accessibly compliant
For Lease - Please contact Nick Christensen on 0402 635 503.
For Sale by Private Treaty $495,000 (plus GST).
*Approximate.
Property History for 5/572 Hunter St, Newcastle West, NSW 2302
- 16 Jun 2021Sold for $473,000
- 07 Jan 2020Listed for Sale $495,000 plus GST
- 02 Jul 2013Sold for $60,000
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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 1,791 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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