98 King St, Newcastle is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 1890. The property has a land size of 78m2 and floor size of 185m2.
This unique terrace offers a rare blend of historic elegance and contemporary luxury. Step inside to discover a sun-drenched, expansive open-plan living and kitchen area, perfect for both everyday living and entertaining. The large electric real flame fireplace in the living room creates a cozy ambiance, making it the ideal setting for movie nights during the colder months.
This multi-level terrace offers two generous bedrooms upstairs and an additional versatile bedroom or living space downstairs. Every detail of the home has been thoughtfully designed, featuring high-end Smeg and Fisher & Paykel appliances, an integrated fridge, and ducted air conditioning to elevate your living experience to the highest standard. Originally built in the late 1800s, this home has been meticulously restored as part of Iris Capital's visionary redevelopment, merging historic charm with modern sophistication. The distinctive layout preserves the unique character of the property, redefining timeless elegance and effortless luxury.
Perfectly positioned in Newcastle's most coveted precinct, this terrace offers direct views of the stunning cathedral and is only moments away from world-class dining, boutique shopping, and five-star hospitality. With Woolworths Metro at your doorstep and iconic destinations like the QT and Crystalbrook hotels just around the corner, convenience and indulgence are always within reach. Enjoy morning strolls to Newcastle Beach, unwind in the afternoons at Foreshore Park, and experience waterfront dining at renowned venues such as Yarna, Scratchley's, or Signal Box. Live the lifestyle you've always dreamed of at 98 King Street. Your new home awaits.
Outgoings:
Council Rates: $2,026.28 approx. per annum
Water Rates: $589.00 approx. per annum
Expected Rental Income: $1,500 - $1,650 Per Week.
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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 5,233 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:
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