2/11 Brown StreetNewcastle NSW 2300
Property Details for 2/11 Brown St, Newcastle
Last Listing description (September 2012)
BIG MONEY EARNER - LOCATED ADJACENT TO THE NEW LANDCOM / GPT PROPOSED DEVELOPMENT
Fully leased three (3) level commercial building occupying a prominent CBD corner location with wide frontage to King Street.
Prominently situated on the north eastern corner of King and Brown Streets in the heart of the Central Business District of Newcastle, NSW.
The building is occupied by three quality tenants being, Scenic Tours, WEA HUnter and Knoekt.
Current net income - $470,000 per annum approximately.
Property History for 2/11 Brown St, Newcastle, NSW 2300
- 09 Oct 2012Sold for $3,850,000
- 16 Aug 2012Listed for Sale 4250000
- 24 Dec 2007Sold for $4,350,000
Recent sales nearby
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0About 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 5,212 properties. Over the last 5 years, Houses in Newcastle have seen a 24.61% increase in median value, while Units have seen a 44.05% increase. As at 31 January 2026:
- The median value for Houses in Newcastle is $1,707,694 while the median value for Units is $1,058,221.
- Houses have a median rent of $830 while Units have a median rent of $700.
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