309 King StreetNewcastle NSW 2300
Property Details for 309 King St, Newcastle
Last Listing description (October 2022)
- The property comprises a key gateway site that benefits from DA Approval for a development (DA2019/01169) incorporating two 14 storey mixed-use buildings with shared basement car parking (285 spaces).
- The property is prominently located on the corner of King Street, Ravenshaw Street and Bull Street within the emerging West End of the Newcastle CBD. The property is strategically positioned within close proximity to the Newcastle Interchange and Honeysuckle precinct, and within walking distance to Marketown Shopping Centre as well as a number of essential services.
For Sale via Expressions of Interest closing Thursday 21 April at 4:00pm 2022.
*Approximate.
Property History for 309 King St, Newcastle, NSW 2300
- 18 Mar 2022Listed for Sale Please contact agent
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 5,233 properties. Over the last 5 years, Houses in Newcastle have seen a 12.45% increase in median value, while Units have seen a 36.18% increase. As at 31 May 2026:
- The median value for Houses in Newcastle is $1,808,219 while the median value for Units is $1,067,517.
- Houses have a median rent of $730 while Units have a median rent of $750.
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