12 Perkins Street, Newcastle, NSW 2300 | Property Value & History | OnTheHouse
 
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12 Perkins Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
Land area: 291m2
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Property Details for 12 Perkins St, Newcastle

Building Type
Commercial
Floor Size
400m2
Land Size
291m2
Local Government
Newcastle
Lot/Plan
3/DP1087174

Last Listing description (September 2023)

Commercial Collective is pleased to present 12 Perkins Street, Newcastle. Situated in the prime locale of the Newcastle CBD and strategically positioned at the doorstep of the East End redevelopment, 12 Perkins Street presents a lucrative investment opportunity. Offering high visibility and poised for remarkable growth, the premises comprises a ground-floor commercial office space and two 2-bedroom residential units above, providing a safety net with multiple streams of income. This unique asset not only caters to investors, it also caters to business owners seeking additional income from the upstairs residence.

Key features:

- Mixed use asset providing multiple income streams

- Situated at the door step of the East End redevelopment
- Premium 205sqm* commercial office space
- Two 2-bedroom residential units
- Within close proximity to the Newcastle Light Rail, Newcastle Beach, Newcastle Foreshore and Newcastle University - city campus

*Approximately

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Property History for 12 Perkins St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$2,150,000
07 Feb 2024
Listed for Rent
$1.80M/w
13 Sep 2023
  • 07 Feb 2024
    Sold for $2,150,000
  • 18 Aug 2023
    Listed for Sale Contact Agent
  • 18 Aug 2023
    Listed for Rent - Price not available
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About Newcastle 2300

The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2016 was 2753 people. By 2021 the population was 3852 showing a population growth of 39.9% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation.In 2021, 44.20% of the homes in Newcastle were owner-occupied compared with 45.70% in 2016.

Newcastle has 5,233 properties. Over the last 5 years, Houses in Newcastle have seen a 15.85% increase in median value, while Units have seen a 35.82% increase. As at 30 April 2026:

  • The median value for Houses in Newcastle is $1,813,018 while the median value for Units is $1,057,482.
  • Houses have a median rent of $730 while Units have a median rent of $750.
There are currently 36 properties listed for sale, and 23 properties listed for rent in Newcastle on OnTheHouse. According to Cotality's data, 231 properties were sold in the past 12 months in Newcastle.

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