48 Watt Street, Newcastle, NSW 2300 | Property Value & History | OnTheHouse
OFF MARKET

48 Watt Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: 3
Car spaces: -
Floor area: 550m2
Land area: 901m2
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Property Details for 48 Watt St, Newcastle

48 Watt St, Newcastle is a 0 bedroom, 3 bathroom House and was built in 1905. The property has a land size of 901m2 and floor size of 550m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1905
Floor Size
550m2
Land Size
901m2
Local Government
Newcastle
Lot/Plan
381/DP1146442

Last Listing description (October 2023)

For Sale by Expressions of Interest closing Thursday 17 August 2023 at 4pm

Commercial Collective is pleased to present 48 Watt Street, Newcastle. Offering a truly remarkable property, nestled in the heart of the city, stands a former iconic Gothic church building, constructed around 1905. This magnificent structure, steeped in history, also encompasses an additional prayer hall constructed in 1912, creating a combined building area of approximately 640 square metres.


With its rich history, impeccable renovations, and prime location, this property presents an unrivalled opportunity for those seeking a distinctive and versatile venue. Whether for weddings, celebrations, or other special events, this property offers an unforgettable setting that blends old-world charm with modern elegance.

- Approved function and events centre
- Building area 640sqm*
- 100sqm* external covered alfresco area
- Potential walk-in, walk-out opportunity
- Commercial grade kitchen
- Iconic Newcastle building within the heart of the East End
- Potential for dual income
- Adaptive re-use opportunity (STCA)
- 931sqm* site area
- 20m* frontage to Watt Street
- R4 High Density Residential zoning

*Approximately

Property History for 48 Watt St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$3,200,000
18 Oct 2023
Listed for Rent
08 Feb 2016
  • 18 Oct 2023
    Sold for $3,200,000
  • 18 Jul 2023
    Listed for Sale Contact Agent
  • 25 May 2018
    Sold for $3,100,000
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About 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.
There are currently 30 properties listed for sale, and 8 properties listed for rent in Newcastle on OnTheHouse. According to Cotality's data, 246 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.