5-7 Darby StreetNewcastle NSW 2300
Property Details for 5-7 Darby St, Newcastle
Last Listing description (January 2021)
The property is situated on the eastern side of Darby Street, 10 metres* from the intersection with Hunter Street and Newcastle's light rail corridor.
This property is centrally located to the revitalised Newcastle midtown civic precinct in the heart of the Newcastle CBD and benefits from close proximity to Newcastle University, the State Law Courts and a multitude of leisure amenity.
The property offers a food and beverage opportunity featuring a bar and full kitchen fitout. The tenancy comprises 400 square metres* of open plan space including a mezzanine level.
- NLA 400 sqm*
- Full commercial kitchen fitout
- Open plan layout
- Mezzanine level
- Accessible and dual amenities
- High exposure to foot traffic
*Approximately
Property History for 5-7 Darby St, Newcastle, NSW 2300
- 02 Dec 2022Sold for $7,800,000
- 01 Oct 2020Listed for Rent - Price not available
- 07 Jun 2019Sold for $4,300,000
Recent sales nearby
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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 5,231 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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