SOLD
Sold on 11 Mar 2024 for $530,000

505/21 Steel Street
Newcastle West NSW 2302

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 57m2
Land area: 65m2
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Property Details for 505/21 Steel St, Newcastle West

505/21 Steel St, Newcastle West is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 65m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Newcastle West in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
57m2
Land Size
65m2
Local Government
Newcastle
Lot/Plan
15/SP93358

Last Listing description (April 2024)

Nestled in the vibrant heart of Newcastle CBD, this stunning ultra-modern 1-bedroom apartment offers the pinnacle of contemporary urban living. Situated atop the bustling Market Town shopping centre, convenience is truly at your fingertips.

Location, Location, Location! Immerse yourself in the bustling energy of city life with shops, transport options, and an eclectic array of restaurants right at your doorstep. Simply hop in the lift and descend to Woolworths for your groceries, or indulge in a coffee from one of the local cafes. With amenities like a chemist, bakery, and fitness gym just steps away, everything you need is within easy reach.

Your Sanctuary Awaits:

Step inside to discover a haven of modern comfort and style. The apartment boasts ducted air conditioning, plush carpeting, and elegant sheer curtains throughout. The sleek galley kitchen is a chef's dream, featuring stone benchtops, a dishwasher, and ample cupboard space.

The spacious open-plan dining and living area beckons with high ceilings and glass sliding doors that lead to your private undercover balcony. Here, you can soak in the serene views of leafy grounds while enjoying your morning cuppa or unwinding after a long day.

Rest and Rejuvenate:
Retreat to the generously-sized bedroom, complete with a built-in robe for all your storage needs. Need to get some work done? No problem! A designated study nook provides the perfect space for a home office.

Modern Elegance:
Pamper yourself in the modern bathroom, featuring a stone top vanity and contemporary finishes.

Explore and Indulge:
With Newcastle CBD just a stone's throw away, there's no need for a car and embrace a pedestrian-friendly lifestyle. Spend your weekends exploring the myriad of restaurants and bars, including the renowned Antojitos Mexican Restaurant, The Family Hotel, Bernie's Bar, and The Happy Wombat Cafe and Restaurant.

Your Perfect Investment Opportunity:
Whether you're seeking a low-maintenance inner-city pad, a weekend escape, or an investment opportunity, this apartment ticks all the boxes. Don't miss out on the chance to own a piece of the thriving Newcastle CBD!

Contact me today and elevate your urban living experience to new heights!

Strata rates approx. $762 per quarter
Rental Appraisal: $550 - $580 per week

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Property History for 505/21 Steel St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
$530,000
11 Mar 2024
Listed for Rent
$450/w
12 May 2023
  • 11 Mar 2024
    Sold for $530,000
  • 19 Feb 2024
    Listed for Sale $534,950
  • 12 May 2023
    Listed for Rent $450 / week
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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 1,818 properties. Over the last 5 years, Houses in Newcastle West have seen a 68.03% increase in median value, while Units have seen a 43.56% increase. As at 31 August 2024:

  • The median value for Houses in Newcastle West is $1,422,046 while the median value for Units is $797,641.
  • Houses have a median rent of $518 while Units have a median rent of $630.
There are currently 16 properties listed for sale, and 1 property listed for rent in Newcastle west on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Newcastle west.

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