304/123 King Street, Newcastle, NSW 2300 | Property Value & History | OnTheHouse
OFF MARKET

304/123 King Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 50m2
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Last updated 29 Jun 2026
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Property Details for 304/123 King St, Newcastle

304/123 King St, Newcastle is a 1 bedroom, 1 bathroom Unit and was built in 1884. The property has a land size of 50m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1884
Floor Size
50m2
Land Size
50m2
Local Government
Newcastle
Lot/Plan
17/SP101660

Last Listing description (November 2021)

Only 1 year old, this immaculately presented and spacious one-bedroom apartment is right in the heart of Newcastle in the restored and rebuilt Irelands Bond Building.

Only one block back from harbour waterfront walk with coffee shops, restaurants, and the light rail all within a block's walk, this really is the ultimate lifestyle location at an outstanding price.

Location facts:

Opposite the new Woolworths Metro Newcastle City, along with a bottle shop, coffee shop and numerous takeaways and restaurants.
A three-minute walk to Crown Street light rail stop, Lucky Country Hotel, Napoli Centrale, Japanese and lots more.
An eight-minute walk or two-minute drive to Newcastle beach
Ample on-street parking and carpark across the street for Woolworths.

Located in a secure complex with intercom, this light and modern apartment offers lots of bathroom and linen storage, a good sized bedroom with built-in robe and dual ensuite and bathroom access making it easy for hosting guests as well.

The open-plan kitchen has gas cooking, stone bench tops and plenty of storage, there is ducted air conditioning and three large windows, featuring blockout blinds bringing lots of natural light into the beautiful space.

The property also has a washing machine, dryer and refrigerator included in the tenancy.

Internet usage is included in the weekly rent.

Please note the initial lease term is 3 months and may be negotiated closer to the expiration of the initial lease term.

Please note: This property is currently on the market for sale.

Due to current COVID-19 lock-down rules restricting inspections, we require applications to be submitted prior to a private inspection being confirmed. Please ensure all identification and proof of income documentation is provided at the time of submission. This applies to all persons involved in your application.
Please note that we do not accept 1Form Applications.
To ensure the safety and wellbeing of you and our team please do not attend/enter the premises if you have been unwell or have visited any COVID hot spots in the past 14 days.

CONDITIONS OF ENTRY TO OUR INSPECTIONS:
1. Attend the property at your booked time
2. Please sanitise your hands before you enter
3. Complete the COVID register by scanning the QR Code
4. Please ensure you social distance 1.5 metres within and around the property
5. Please ensure that you are wearing a mask at all times
6. Please ensure you follow and adhere to NSW Health advice at all times
7. You MUST provide a copy of a proof of address, such as a Driver Licence.

Property History for 304/123 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$580,000
04 Nov 2021
Listed for Rent
$480/w
05 Nov 2021
  • 04 Nov 2021
    Sold for $580,000
  • 12 Oct 2021
    Listed for Rent $480 / week
  • 30 Sep 2021
    Listed for Sale $580,000.00
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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 5,230 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.
There are currently 45 properties listed for sale, and 15 properties listed for rent in Newcastle on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Newcastle.

Suburb Insights for Newcastle 2300

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.