15/199 King StreetNewcastle NSW 2300
Property Details for 15/199 King St, Newcastle
15/199 King St, Newcastle is a 1 bedroom, 1 bathroom Unit and was built in 1935. The property has a land size of 1107m2 and floor size of 25m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (June 2019)
Move fast to secure this great investment opportunity or first home in the charming landmark 'The Moorings' building of studio apartments. Originally built in 1935 for single men working in BHP this apartment is positioned in the heart of Newcastle CBD.
Property features:
* Open plan living includes a built-in wardrobe
* Tidy kitchen and bathroom
* North facing windows provide plenty of natural light
* Quiet location above King Street
* Excellent rental return $210 per week with opportunity to improve value
This studio apartment presents a rare amazing value buy for investors, first home buyers or downsizers to buy right in the heart of Newcastle at such an affordable price. Call today to inspect!
Stroll to everything Newcastle has to offer, beaches, harbour, cafes, parks, transport and endless dining and entertaining.
250m Darby Street retailers, cafes, pubs and restaurants
450m Civic Light Rail and Theatre
600m NeW Space, The University of Newcastle
1km Honeysuckle Drive waterside activities, restaurants and bars
1km King Edward Park
1.3k Newcastle Foreshore
1.8km Bar Beach
2.0km Marketown Shopping Centre
2.1 The Junction Shopping Precinct
2.6km Dixon Park and recreational activities
3.3km Merewether Surf House
Outgoings:
Strata Levies $977.30 per quarter
Council rates $300.00 per quarter
Water rates $266 per third including usage
Property History for 15/199 King St, Newcastle, NSW 2300
- 21 Jun 2019Sold for $247,000
- 16 May 2019Listed for Sale $249,000
- 09 May 2015Listed for Rent - Price not available
Recent sales nearby
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About Newcastle 2300
The size of Newcastle is approximately 4.9 square kilometres. There are 25 parks, covering nearly 10.5% of the 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 5,236 properties. Over the last 5 years, Houses in Newcastle have seen a 7.11% increase in median value, while Units have seen a 27.76% increase. As at 31 July 2026:
- The median value for Houses in Newcastle is $1,771,966 while the median value for Units is $1,046,831.
- Houses have a median rent of $730 while Units have a median rent of $750.
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