511/386 King Street, Newcastle, NSW 2300 | Property Value & History | OnTheHouse
OFF MARKET

511/386 King Street
Newcastle NSW 2300

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 73m2
Land area: 114m2
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Last updated 10 Aug 2026
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Property Details for 511/386 King St, Newcastle

511/386 King St, Newcastle is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 114m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2022
Floor Size
73m2
Land Size
114m2
Local Government
Newcastle
Lot/Plan
32/SP104951

Last Listing description (October 2023)

This premium brand new 2 bedroom apartment is located in the heart of the CBD and is easy walking distance to the harbour, University of Newcastle campuses, and just moments to the new light-rail network. Living in the sought-after Sky Residences offers the ideal combination of luxury and convenience, putting everything the city has to offer within easy reach.

Features include:
- Open plan living with seamless flow to sunny North-facing balcony

- Chef-style kitchen featuring premium SMEG appliances and stone top kitchen benches
- Generously proportioned master suite, featuring walk through robe and ensuite
- Large second bedroom includes built-in wardrobe and direct access to the spacious balcony
- Two car spaces (tandem) in secure parking garage plus storage cage
- Exclusive access to the pool, gym and breathtaking rooftop terrace with incredible 360 degree views over Newcastle, complete with an indoor and outdoor kitchen and barbeque facilities
- European laundry, including a dryer
- Within walking distance to Newcastle's best cafes, harbourside restaurants, beaches, light rail & University of Newcastle campuses

*Can be offered partially furnished.

Rent also includes water usage and exclusive access to state-of-the-art amenities.

Living in Sky is a luxurious comfort with ducted reverse-cycle air conditioning throughout, audio intercom to the apartment, plus Foxtel outlets to the living area and master bedroom plus it is NBN ready for connection.

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About the agent - GWH RE was born after recognising the need for a reliable Newcastle real estate agency with a refreshing, streamlined and progressive approach to residential and commercial property. Offering all-inclusive, custom real estate services with the assistance of a preferred partner network of suppliers, the friendly team at GWH/RE can sell, rent, and manage your residential and commercial investments. Our techniques are tailored specifically to benefit your property and to achieve the best outcome for you.

About the builder & developer - GWH was founded with a genuine ambition: to empower and enable you to invest, own, live and work in the types of property you could only have imagined. Located in Newcastle NSW, we're the local experts with more than 20 years of proud history, 350 happy clients and over $1 billion of completed projects in our region. Whether we're helping young people climb onto the property ladder, creating lifestyles for retirees or hotels for you to visit we're building for life, so you move forward and thrive.

Property History for 511/386 King St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$760,000
28 Jul 2021
Listed for Rent
$930/w
29 Sep 2023
  • 14 Sep 2023
    Listed for Rent $850 / week
  • 30 Jun 2023
    Sold
  • 28 Jul 2021
    Sold for $760,000
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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 5,236 properties. Over the last 5 years, Houses in Newcastle have seen a 7.11% increase in median value, while Units have seen a 27.76% increase. As at 31 July 2026:

  • The median value for Houses in Newcastle is $1,771,966 while the median value for Units is $1,046,831.
  • Houses have a median rent of $730 while Units have a median rent of $750.
There are currently 54 properties listed for sale, and 16 properties listed for rent in Newcastle on OnTheHouse. According to Cotality's data, 217 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.