4/1 Mosbri Cres, The Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 514m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Situated within a boutique brick block, this first floor apartment is perfectly positioned between Newcastle's buzzing surf and caf culture, just a few minutes walk from Bar Beach and Darby Street. Promising a lifestyle of carefree convenience, it's a superb market entry or outstanding investment with strong rental demand and excellent returns.
Presented with warm, neutral colours and bamboo floors, living is relaxed, comfortable and inviting with an open plan layout, modern kitchen, two generous bedrooms and a vintage bathroom. The building attracts lovely afternoon sunshine and invites soft breezes to circulate through the apartment, although reverse cycle air-conditioning helps to keep things temperate all year round.
Enhanced by an undercover car space, its feel-good interiors are ready to enjoy while still leaving some scope to update and add value.
- Light and airy open plan interiors with new bamboo floors and block out blinds
- Modern kitchen equipped with gas cooker and breakfast bar
- Both bedrooms appointed with ceiling fans; built-in robe to master
- Stroll to cafes, the beachfront, King Edward Park and the Bathers Way coastal walk
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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 1,385 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:
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