5/199 King St, Newcastle is a 1 bedroom, 1 bathroom Unit and was built in 1967. The property has a land size of 1107m2 and floor size of 25m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
In the landmark 'The Moorings' building of studio apartments, originally built c.1935 for single men working at BHP, this ground floor residence is a great place to start or stellar spot to invest, currently returning $250 per week. It has an easy floor plan that maximises space and a big window that draws in the north westerly light along with an integrated electric-equipped kitchen, fully tiled bathroom and a considerable amount of storage. The neighbourhood is lively, central, accessible and fabulous to live in, footsteps to Darby Street and Newcastle's arts and entertainment scene, a short dash to the beach and King Edward Park and an easy stroll to Honeysuckle's harbour front bars and eateries.
- Quiet Location above King Street moments from the University of Newcastle city campus, Civic entertainment precinct and Darby Street
- Walking distance to everyday essentials at Marketown
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:
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