OFF MARKET

203 Union Street
The Junction NSW 2291

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 171m2
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Property Details for 203 Union St, The Junction

Building Type
Commercial
Land Size
171m2
Local Government
Newcastle
Lot/Plan
A/DP159825

Last Listing description (January 2023)

This high profile inner-city location is the pinnacle of affluence in the region, only
1.4km* south of the Newcastle CBD. This sought after location benefits from surrounding
established and growing residential catchments, the burgeoning employment hub of

the Newcastle CBD, as well as the major draw card of Newcastle's iconic beaches.

Features include:

- NLA of 175sqm*
- Existing approvals for pharmacy usage
- Large open plan area
- Counter/reception area
- Pharmacist room
- Staff room
- Amenities
- Kitchenette
- Storage
- Unmatched exposure and signage opportunity

*Approximately

Property History for 203 Union St, The Junction, NSW 2291

A timeline of how this property has performed in the market
Last Sold
$1,880,000
10 Jan 2023
Listed for Rent
$1.42k/w
17 Jan 2023
  • 10 Jan 2023
    Sold for $1,880,000
  • 21 Dec 2022
    Listed for Sale Contact Agent
  • 22 Apr 2022
    Listed for Rent $74,000 / year
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About The Junction 2291

The size of The Junction is approximately 0.3 square kilometres. It has 1 park covering nearly 4.4% of total area. The population of The Junction in 2011 was 1,495 people. By 2016 the population was 1,048 showing a population decline of 29.9% in the area during that time. The predominant age group in The Junction is 20-29 years. Households in The Junction are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in The Junction work in a professional occupation. In 2011, 50.1% of the homes in The Junction were owner-occupied compared with 57.9% in 2016.

The Junction has 715 properties. Over the last 5 years, Houses in The Junction have seen a 70.21% increase in median value, while Units have seen a 52.02% increase. As at 31 October 2024:

  • The median value for Houses in The Junction is $1,876,291 while the median value for Units is $905,947.
  • Houses have a median rent of $720 while Units have a median rent of $580.
There are currently 1 property listed for sale, and 1 property listed for rent in The junction on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in The junction.

Suburb Insights for The Junction 2291

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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.