63/575 Hunter Street, Newcastle West, NSW 2302 | Unit for sale | OnTheHouse
 
FOR SALE
Guide: $460,000 - $490,000

63/575 Hunter Street
Newcastle West NSW 2302

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Put simply, a stress-free investment in the heart of Newcastle

Positioned in the heart of Newcastle West, Apartment 63/575 Hunter Street offers an outstanding opportunity to secure a low-maintenance investment in one of the city's most convenient locations. Owners have the flexibility to lease the apartment back through Quest Apartments for a hassle-free investment, or take advantage of the strong demand for short-term accommodation by operating the property as an Airbnb, providing options to suit your investment strategy.
This well-appointed one-bedroom apartment has been enhanced with approximately $40,000 worth of renovations to the kitchen and bathroom, providing a fresh and modern finish. Designed for low-maintenance investment, the functional open-plan layout is complemented by a private balcony, while the spacious bedroom with built-in wardrobe, separate internal laundry and split-system air conditioning. Combined with quality on-site amenities, this is a turnkey investment in a tightly held inner-city location.
Residents enjoy access to resort-style facilities including an indoor swimming pool, spa and gym, all just moments from Newcastle's best cafés, restaurants, the light rail, Honeysuckle waterfront and the harbour foreshore.
Proposed Rental Return from Quest: $28,680.00 (“The Proposed Starting Annual Rental”)
The above rental proposal is based on the following
- Annual increases of 3%
- Landlord to pay all strata fees including admin fund and 100% of council fees
- Provide 1 x 5-year additional term Lease to expire 2036.
Costs incurred for lot owners are
- Admin Fund: Approx. $760 p/q
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Property Details for 63/575 Hunter St, Newcastle West

63/575 Hunter St, Newcastle West is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Wilton Lemke Stewart.

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About Newcastle West 2302

The size of Newcastle West is approximately 0.8 square kilometres. There are 5 parks, covering nearly 31.8% of the total area. The population of Newcastle West in 2016 was 618 people. By 2021 the population was 1453 showing a population growth of 135.1% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle West work in a professional occupation.In 2021, 41.70% of the homes in Newcastle West were owner-occupied compared with 35.90% in 2016.

Newcastle West has 2,124 properties. Over the last 5 years, Houses in Newcastle West have seen a 12.62% increase in median value, while Units have seen a 19.84% increase. As at 31 August 2026:

  • The median value for Houses in Newcastle West is $1,398,520 while the median value for Units is $810,952.
  • Units have a median rent of $700.
There are currently 21 properties listed for sale, and 1 property listed for rent in Newcastle west on OnTheHouse. According to Cotality's data, 112 properties were sold in the past 12 months in Newcastle west.

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Nick Stewart
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Mona Younes
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Wilton Lemke Stewart
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