245 King StreetNewcastle NSW 2300
Property Details for 245 King St, Newcastle
Last Listing description (June 2009)
COMPACT BUILDING - REAR ACCESS & SECURE CARPARKING
A compact building with rear access and secure car parking accessed from Gibson Street, good exposure to King Street, central to bus routes, Civic, Railway Station and the Gibson Street parking station. A two (2) storey brick commercial building with two (2) street frontage comprising ground floor offices, lunchroom and boardroom plus first floor open plan office and amenities. Plus a 50sqm garage and storage area. Offered with vacant possession the property is suitable for occupation by abroad range of businesses including solicitors, accountants etc. Equally the ground floor could be converted to showroom with first floor offices or ancillary showroom.
Property History for 245 King St, Newcastle, NSW 2300
- 23 Jul 2009Sold for $600,000
- 28 Aug 2008Listed for Sale 650000
- 30 Mar 1984Sold for $285,000
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0About 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 5,233 properties. Over the last 5 years, Houses in Newcastle have seen a 9.47% increase in median value, while Units have seen a 31.42% increase. As at 30 June 2026:
- The median value for Houses in Newcastle is $1,788,193 while the median value for Units is $1,062,616.
- Houses have a median rent of $730 while Units have a median rent of $750.
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