59 Hunter Street, Newcastle, NSW 2300 | Property Value & History | OnTheHouse
OFF MARKET

59 Hunter Street
Newcastle NSW 2300

Bedrooms: 1
Bathrooms: 2
Car spaces: -
Floor area: 169m2
Land area: 128m2
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Property Details for 59 Hunter St, Newcastle

59 Hunter St, Newcastle is a 1 bedroom, 2 bathroom House. The property has a land size of 128m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Floor Size
169m2
Land Size
128m2
Local Government
Newcastle
Lot/Plan
13/DP629748

Last Listing description (February 2025)

Nestled in the heart of the city just a block from both the beach and harbour, this unique Art Deco building offers a brilliant lifestyle. The P & O building includes both a ground-floor commercial premises and stunning two-storey loft apartment above. Live above with income from the currently leased commercial area - or move your business below your home.

Commissioned in 1935 by the Queensland Insurance Company, the building was reimagined by renowned architect W.D. Jeater, who designed the Art Deco four-inch-thick glazed terra cotta facade and the arches that now frame the residence balcony. Jeater also opened the internal spaces with double height ceilings and panels of windows which are beautiful plus enable cross-ventilation.

Zoned B4 Mixed Use, the north facing building has undergone significant transformations, including Shaddocks architects renovation in 2010 and a sophisticated residential update in 2021. The seperate commercial space is currently outfitted with offices, reception area, kitchenette and bathroom. The commercial space could easily be converted into a shop or gallery. Meanwhile the loft apartment impresses with an open-plan layout, soaring 3.5m ceilings, custom joinery and a private rooftop garden.

Whether you're drawn by its architectural heritage, potential for lifestyle flexibility or the allure of city living - this unique property represents a rare chance to own a piece of Newcastle's storied past while shaping its future.

Residential two-level loft apartment with roof garden ~ 220sqm
Whole wall of joinery for personal library and double glazed northern windows
Kitchen: Neff ovens (2) + induction cooktop, two integrated Fisher & Paykel fridge/freezers, Bosch dishwasher
Weber BBQ, plumbed sink, bar fridge, motorised awning on the private roof garden,
A/C throughout; Ethanol fireplace in the lounge/dining area
The ground floor ceiling is over 4m and the first floor is over 3.5m
Commercial space ~110sqm, currently returning $44kpa until June 2025 with an option of an additional 3-year term
Potential for strata titling and selling the spaces individually (STCA)
- Council rates: $1132 p/quarter
- Water rates: $300 per quarter

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 59 Hunter St, Newcastle, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$2,150,000
01 Nov 2024
Listed for Rent
$862/w
09 May 2022
  • 01 Nov 2024
    Sold for $2,150,000
  • 08 Oct 2024
    Listed for Sale Auction
  • 03 Oct 2023
    Listed for Sale $2,200,000
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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 37.41% increase in median value, while Units have seen a 38.20% increase. As at 31 December 2025:

  • The median value for Houses in Newcastle is $1,857,326 while the median value for Units is $1,033,004.
  • Houses have a median rent of $800 while Units have a median rent of $700.
There are currently 29 properties listed for sale, and 6 properties listed for rent in Newcastle on OnTheHouse. According to Cotality's data, 242 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.