OFF MARKET

804/23 Ravenshaw Street
Newcastle West NSW 2302

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 120m2
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Last updated 18 Nov 2024
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Property Details for 804/23 Ravenshaw St, Newcastle West

804/23 Ravenshaw St, Newcastle West is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 120m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2016
Floor Size
92m2
Land Size
120m2
Local Government
Newcastle
Lot/Plan
88/SP93359

Last Listing description (March 2022)

Set in the Heart of Newcastle, The spire provides a balanced mix of luxury and convenience with its placement directly above marketown providing access to all needed amenities such as Grocery Stores, Gyms, Restaurants and support services. The complex is only 5 years old and stretches across three residential towers with a landscaped garden at the core on level 4, Marketown on ground level and public transport only a short walk away.

This two bedroom apartment located on the 8th floor is sure to impress with it's open plan living, ducted air conditioning throughout, modern touches and most importantly it's stunning Eastern aspect views over the bustling city and its beaches. Both bedrooms are spacious with the master bedroom including an ensuite and walk-in robe plus sliding door access out to the expansive balcony. The granite kitchen includes electric cooking, ample cupboard storage and plenty of bench space. Further highlights include NBN connection ready, Security doors with video intercom, lift access to the sky garden, car park & room floor.

This property is sure to appeal to a wide range of buyers from downsizers to lifestyle changers. It is also a great investment to add to your portfolio with currently a tenant residing on a lease that is due to expire in July of 2022 and is happy to stay on if the option becomes available.

Rental Return: $610 pw
Strata Rates: $1,396.93 pq
Floorplan of 120m2

To view a virtual walk through of this property please click the below link
https://youtu.be/Bch_FbXRxCU

Property History for 804/23 Ravenshaw St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
$870,000
17 Feb 2022
Listed for Rent
$610/w
09 Jul 2021
  • 17 Feb 2022
    Sold for $870,000
  • 28 Jan 2022
    Listed for Sale $819,000 - $859,000
  • 24 Jun 2021
    Listed for Rent $610 / 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 1,784 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.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Newcastle west on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Newcastle west.

Suburb Insights for Newcastle West 2302

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.