8/575 Hunter StreetNewcastle West NSW 2302
Property Details for 8/575 Hunter St, Newcastle West
8/575 Hunter St, Newcastle West is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 2739m2. While the property is not currently for sale or for rent, it was last sold in September 2004.
Last Listing description (July 2017)
Designed to maximise space and light, this sleek one bedroom apartment is poised to impress downsizers and executive couples with its stylish finishes, modern interiors, and superior inner-city location. Investors and self-managed super funds will also be rewarded with a guaranteed rental return of $1677 per month, 4% increase per annum and low strata fees of only $143 per quarter.
Positioned within the 4 star rated 'Quest' apartment complex with exclusive access to a gymnasium, lap pool and spa, this supremely comfortable 75sqm apartment comprises a spacious living room opening to a south facing balcony, separate meals area, contemporary galley kitchen with abundant cupboard and bench space, large main bedroom with built in robe, full, generously sized bathroom and prized single car park.
Located just moments to fabulous cafes, chic restaurants, sophisticated wine bars, the soon to be completed transport interchange and the golden sands of Newcastle beach, this cleverly designed gem delivers an unbeatable lifestyle location and is ready to enjoy.
- Bright aspect with elevated urban outlooks over the surrounding district
- A generous open living space plus separate dining area
- Seamless outdoor connection to a sunny balcony
- Beautifully presented double bedroom with built-in wardrobe
- Stylishly appointed kitchen with dishwasher and electric cooking
- Liberally sized bathroom, internal laundry, built-in storage and prized carpark
- Security building with lift access and ducted air conditioning
- Access to lap pool, spa, and gymnasium
- Guaranteed rental return from Quest of $1677 per month with a 4% increase per annum
- Low strata fees of $572 and council rates of $522 per annum
- Leased until June 2020 with a further 2x5 year option
Property History for 8/575 Hunter St, Newcastle West, NSW 2302
- 10 May 2017Listed for Sale $390,000 - $429,000
- 24 Sep 2004Sold for $290,000
- 07 Nov 2002Sold for $250,000
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0About 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.
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