601/328 King St, Newcastle is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Newcastle in the last 12 months.
Positioned within the tightly held Civic Square precinct, this freshly updated sixth-floor apartment delivers low-maintenance luxury right in the heart of Newcastle's vibrant CBD. Recently refreshed with new paint, new carpet and new blinds throughout, it presents as an inviting, move-in-ready opportunity for first-home buyers, professionals, downsizers or investors seeking strong rental demand in a premium urban setting.
A light-filled open-plan layout welcomes you inside, where floor-to-ceiling glazing draws in natural light and captures elevated district and city views. The well-appointed stone kitchen features quality appliances and great storage, flowing seamlessly to the living area and out to the private balcony — the perfect spot to relax or enjoy the buzz of city life from above.
Both bedrooms offer excellent comfort, with the main featuring a generous walk-in robe and the second fitted with a built-in robe. Each bedroom enjoys convenient access to its own bathroom — a private ensuite off the main and a separate spacious main bathroom — along with an internal laundry, while secure basement parking and video-intercom entry further enhance everyday convenience.
Residents of this sought-after complex enjoy resort-style amenities rarely found so close to the city centre, including a lap pool, BBQ area and gym — ideal for recreation, fitness and socialising without leaving home. Step outside and you're moments from Darby Street cafés, Honeysuckle's dining precinct, Civic Park, Marketown, the University city campus, the light rail and Newcastle's stunning beaches.
Key Features
- Freshly updated with new paint, carpet and blinds throughout
- Elevated sixth-floor position with light-filled open-plan living
- Corner balcony with district and city outlook
- Stone-topped kitchen with quality appliances
- Two generous bedrooms — main with walk-in robe, second with built-in robe
- Spacious ensuite + full-size main bathroom, both well-appointed
- Reverse-cycle air conditioning
- Secure basement car space + video intercom
- Access to building amenities: lap pool, gym & BBQ area
- Located in the Civic Square precinct — walk to cafés, Harbour, Darby St, Art Gallery & the university campus
- Easy access to the light rail, buses and Newcastle Interchange
- Strong rental appeal in a high-demand CBD location
Outgoings (approx.)
- Strata Rates: $2,100 p/q
- Water Rates: $760 + usage p/a
- Council Rates: $1,640 p/a
- Potential Rental Return: $800 - $850 per week
Disclaimer:
All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.
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 5,177 properties. Over the last 5 years, Houses in Newcastle have seen a 29.97% increase in median value, while Units have seen a 40.82% increase. As at 31 October 2025:
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