405/77 Shortland Esp, Newcastle is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 1437m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Superbly located on one of the city's most famous strips, boasting front-row views over Newcastle beach and enjoying buzzing cafes, restaurants and wine bars on the doorstep, the idyllic position of this one-bedroom apartment promotes strong rental return for investors and a perfect lifestyle setting for homeowners. Set within a secure building, contemporary interiors showcase open plan living with a quietly off-set bedroom, and a semi-enclosed oceanfront balcony to check the surf and swimming conditions before you leave home.
* Beachfront position within the prestige Arena development
* Open plan living, bedroom and balcony with direct beach view
Council Rates: $1,433 PA approx
Water Rates: $699 PA approx
Strata Levies: $1,431 PQ approx
Current Rent: $500 PW approx
* Agent declares interest
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 15.85% increase in median value, while Units have seen a 35.82% increase. As at 30 April 2026:
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