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Sold on 24 Sep 2024 for $1,200,000

601/4 Ravenshaw Street
Newcastle West NSW 2302

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 601/4 Ravenshaw St, Newcastle West

601/4 Ravenshaw St, Newcastle West is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Apartment sold in Newcastle West in the last 12 months.

Building Type
Apartment

Last Listing description (September 2024)

Hugging the southeastern corner of the brilliantly located Westcourt apartments, this top-floor gem offers an expansive and inviting living space. Enjoy your coffee on the generous wrap around-terrace, basking in the pleasant morning sun, and soaking in views up The Hill towards the Anzac Memorial Walk. This charming spot is perfect for hosting friends and family. The prime Newcastle West location is another highlight, with Marketown as your neighbour, No.1 Sports Ground just down the street, and the Newcastle Interchange within easy reach. The award-winning EJE-designed building is known for its close-knit community and desirable features. Inside, you'll find a bright open-plan layout with a granite-topped kitchen, three spacious bedrooms, and two private bathrooms. The main bedroom is impressively large, adding to the appeal. A secure car space completes the package, but with the city's harbour and beaches nearby, you might prefer to leave the car at home and explore on foot, bike, or public transport.

- EJE designed Westcourt complex won the Menkens Award for Architecture in 2002
- Secure entry and lift access, communal BBQ area

- Open plan living with a/c extends to a wide terrace wrapping round the south and east corners of the building
- Granite kitchen with electric cooking, dishwasher and ample storage
- 3 spacious bedrooms with built-in robes, 2 with separate balcony access, main with a/c
-Full size ensuite with bathtub and shower, main bathroom with shower
- Footsteps to shopping at Marketown, Cooks Hill Aldi and strolling distance to The Junction and Darby Street
- Parry Street garage, cafes, parkland, and a choice of gyms nearby
- Readymade investment with happy tenant who would love to stay
- Currently leased for $825 per week, expired lease so vacant possession available
- Strata Levies are approximately $9,412 per year
- Council rates are approximately $1730 per year
- Water rates are approximately $802 per year

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 601/4 Ravenshaw St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
$1,200,000
24 Sep 2024
Listed for Rent
$800/w
19 Apr 2023
  • 24 Sep 2024
    Sold for $1,200,000
  • 04 Sep 2024
    Listed for Sale $1,200,000
  • 17 Jan 2024
    Sold
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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 1,819 properties. Over the last 5 years, Houses in Newcastle West have seen a 64.30% increase in median value, while Units have seen a 30.24% increase. As at 30 November 2024:

  • The median value for Houses in Newcastle West is $1,410,139 while the median value for Units is $738,458.
  • Houses have a median rent of $518 while Units have a median rent of $650.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Newcastle west on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Newcastle west.

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