11/575 Hunter Street, Newcastle West, NSW 2302 | Property Value & History | OnTheHouse
OFF MARKET

11/575 Hunter Street
Newcastle West NSW 2302

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 2739m2
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Property Details for 11/575 Hunter St, Newcastle West

11/575 Hunter St, Newcastle West is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 2739m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2000
Floor Size
63m2
Land Size
2739m2
Local Government
Newcastle
Lot/Plan
11/SP62883

Last Listing description (July 2024)

To access contract and other documents, click here: https://tinyurl.com/2p9v3rw2

The Quest Apartments in popular Newcastle West offers low-maintenance and a great return. This apartment is perfectly established in a sought-after area with features to accommodate short to medium term tenancy for visiting professionals or extended family. A fantastic investment opportunity, take peace of mind that accommodation is managed by Newcastle Quest Inn Pty Ltd with this apartment under lease until June 2025 + one 5-year lease option for the tenants. Currently returning $447 per week with the tenant paying 50% of council rates, 100% of water rates and 100% of Strata Admin Levy.

Centrally located amongst the vibrancy of city life, this apartment offers spacious living - a rare gem for 1-bedroom apartments. The balcony is oversized and the layout flows open plan. Tenants will also have access to the fabulous amenities available within the complex, such as the gym, indoor pool and secure parking.

The Quest Apartment complex is situated within minutes' walk from popular eateries, the developing foreshore, Wickham interchange and Newcastle's revitalised CBD. if you're looking to invest in the flourishing Newcastle market, this apartment will tick all the boxes.

- Rental Income: $23,244 p/a
- 4% Annual CPI Increase
- Modern apartment in the centre of Newcastle's CBD.
- 1 Bedroom with BIRs; ensuite to the main; internal laundry.
- 1 Spacious bathroom.
- Quality kitchen appliances.
- Open-plan living/dining with direct access to an oversized private balcony.
- Use of amenities including gym, spa and pool.
- Council Rates: Approx. $1,412 p/a (Owner pays 50%).
- Water Rates: Approx. $705 + usage p/a.

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Century 21 Novocastrian will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate. Photos have been edited for marketing.

Property History for 11/575 Hunter St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
$380,000
10 Feb 2023
  • 10 Feb 2023
    Sold for $380,000
  • 07 Nov 2022
    Listed for Sale Price Guide $380,000 - $415,000
  • 18 Dec 2013
    Sold for $230,000
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About Newcastle West 2302

The size of Newcastle West is approximately 0.8 square kilometres. There are 5 parks, covering nearly 31.8% of the total area. The population of Newcastle West in 2016 was 618 people. By 2021 the population was 1453 showing a population growth of 135.1% in the area during that time. The predominant age group in Newcastle West is 20-29 years. Households in Newcastle West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle West work in a professional occupation.In 2021, 41.70% of the homes in Newcastle West were owner-occupied compared with 35.90% in 2016.

Newcastle West has 2,121 properties. Over the last 5 years, Houses in Newcastle West have seen a 21.75% increase in median value, while Units have seen a 25.13% increase. As at 31 May 2026:

  • The median value for Houses in Newcastle West is $1,468,016 while the median value for Units is $822,643.
  • Units have a median rent of $700.
There are currently 12 properties listed for sale, and 1 property listed for rent in Newcastle west on OnTheHouse. According to Cotality's data, 140 properties were sold in the past 12 months in Newcastle west.

Suburb Insights for Newcastle West 2302

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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.