OFF MARKET

28 The Terrace
The Hill NSW 2300

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 329m2
Land area: 639m2
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Property Details for 28 The Terrace, The Hill

28 The Terrace, The Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1875. The property has a land size of 639m2 and floor size of 329m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1875
Floor Size
329m2
Land Size
639m2
Local Government
Newcastle
Lot/Plan
7/DP1107778

Last Listing description (April 2022)

An intriguing local treasure 'Yacaaba' c1875, was one of the first homes to be built on The Terrace, originally constructed by the AA Company for the manager William Turnbull. It is representative of a period of significant population growth and increasing wealth in Newcastle. It also signifies a shift in the nature of The Hill from an old mining district to a well-heeled residential area.

Fronting King Edward Park with expansive ocean views, the home is on offer for the first time since 1958, owned by prominent Hunter Street medico Dr Richard Wilkinson and his family for over 60 years. As solid as the day it was built, it is offered in timeless, near original condition for the next generation to restore its glory and be the proud custodians of a distinguished Newcastle property.

The double-storey faade with its side twin gables and ocean view verandah reveals an ornate interior showcasing a wealth of period features including beautiful pressed metal ceilings, six fireplaces, French doors and a spectacular cedar staircase.

Grand formal lounge and dining rooms with marble fireplaces and soaring ornate ceilings, relaxed family and TV rooms, a spacious eat-in kitchen, four bedrooms, two bathrooms and a study whet the appetite, as every element of this perfectly preserved family home shows extraordinary future potential with scope for further restoration into a contemporary residence.

Positioned on a generous 614sqm block with a tandem carport and brick courtyard with original stables, this is a rare opportunity to secure a magnificent home in a blue-ribbon locale with a myriad of lifestyle attractions literally on your doorstep.

From here, a surf at Newcastle Beach, a stroll across beautiful King Edward Park, a sunset walk along the beach or the Anzac Memorial walk, coffee in Darby or Hunter Street, or a dip in the crystal-clear waters of the Bogey Hole, are all simply effortless.

- Double-storey property on 614sqm block with a north-east aspec fronting King Edward Park
- Stunning park, ocean and city views down to iconic Newcastle Baths
- Multiple living spaces offering eight huge formal rooms
- French doors off the 2 main bedrooms open to a refurbished verandah taking in the view
- Secure tandem carport, parking for multiple vehicles in the driveway and rear courtyard
- Recently painted internally, new carpet downstairs, new roof
- In catchment for Newcastle East Public school; 750m to Newcastle Grammar

Property History for 28 The Terrace, The Hill, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$3,630,000
06 Feb 2021
  • 06 Feb 2021
    Sold for $3,630,000
  • 23 Dec 2020
    Listed for Sale Auction - Guide $3,500,000 - $3,800,000
  • 15 May 2020
    Sold

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About The Hill 2300

The size of The Hill is approximately 0.6 square kilometres. It has 9 parks covering nearly 25.7% of total area. The population of The Hill in 2011 was 1,716 people. By 2016 the population was 1,940 showing a population growth of 13.1% in the area during that time. The predominant age group in The Hill is 20-29 years. Households in The Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Hill work in a professional occupation. In 2011, 46.9% of the homes in The Hill were owner-occupied compared with 44.7% in 2016.

The Hill has 1,384 properties. Over the last 5 years, Houses in The Hill have seen a 51.91% increase in median value, while Units have seen a 27.37% increase. As at 31 October 2024:

  • The median value for Houses in The Hill is $2,081,644 while the median value for Units is $772,660.
  • Houses have a median rent of $530 while Units have a median rent of $530.
There are currently 2 properties listed for sale, and 5 properties listed for rent in The hill on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in The hill.

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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.