OFF MARKET

Hunter Street
Newcastle West NSW 2302

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 16 Sep 2024
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Property Details for G08/569 Hunter St, Newcastle West

G08/569 Hunter St, Newcastle West is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Newcastle

Last Listing description (January 2024)

Welcome to urban living at its finest! Nestled in the heart of Newcastle's vibrant CBD, this single-level 2-bedroom unit offers the perfect blend of modern convenience and city living. Whether you're seeking a comfortable home for yourself, a weekend getaway, or a savvy investment opportunity, this property has it all.

Property Highlights: Secure Complex with Pin Code Access Enjoy peace of mind with secure entry and exclusive access to your designated parking spot right at your front door.

Abundant Storage Space Say goodbye to clutter with additional cupboards in the hallway, providing ample storage for all your belongings.

Modern Galley Kitchen Prepare delicious meals effortlessly in the modern kitchen featuring stone benchtops, a gas cooktop, and an electric oven.

Open-Plan Living Bask in the natural light that streams through the windows, while the high ceilings create a sense of spaciousness throughout the open-plan dining and living area.

Split System Air Conditioning Stay comfortable year-round with a split system air conditioner that provides cooling and heating at your fingertips.

Prime Location Embrace the convenience of urban living with a short walk to everything you need. Start your mornings with a coffee from the Happy Wombat Caf or Papa's Bagel Bar right at your doorstep. Access the Newcastle Light Rail for a quick tram ride to Newcastle Beach and the East End Precinct, home to a plethora of cafes, bars, and restaurants.

Investment Opportunity This property is currently generating a steady income, with a return of $520 per week, making it an attractive investment option.

Don't miss out on the opportunity to own a piece of the thriving Newcastle CBD! Whether you're looking for a comfortable home, a weekend escape, or a smart investment, this 2-bedroom unit ticks all the boxes. Contact us today to arrange a viewing and make this urban oasis your own. Your dream lifestyle awaits in the heart of Newcastle!

Strata report available upon request. Price has been reduced to compensate for current strata levies, approx $16,000 per annum (temporary) while strata is raising funds for capital works.

Council rates are approx $422.00 per quarter
Water approx $322.69 per third

Property History for G08/569 Hunter St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
  • 05 Sep 2023
    Listed for Sale Guide $480,000

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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 1,818 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 19 properties listed for sale, and 3 properties listed for rent in Newcastle west on OnTheHouse. According to CoreLogic's data, 71 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.