5/572 Hunter Street, Newcastle West, NSW 2302 sold on 29 May 2025 | OnTheHouse
SOLD
Sold on 29 May 2025 for $930,000

5/572 Hunter Street
Newcastle West NSW 2302

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 276m2
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Property Details for 5/572 Hunter St, Newcastle West

Building Type
Commercial
Year Built
1980
Land Size
276m2
Local Government
Newcastle
Lot/Plan
5/SP79251

Last Listing description (June 2021)

- Located on the northern side of Hunter Street, the subject property boasts excellent exposure to the intersection of Union and Hunter Streets.

- The offering is an open plan suite which has recently been painted internally and has split system air-conditioning. The suite benefits from its own kitchenette, internal amenity and the entrance to the property has ramp access which is fully compliant.

- The property benefits from a single garaged car park and three separate secure storage rooms.

Property features include:
- Offered with vacant possession
- 127sqm* internal strata area
- 51sqm* car parking and storage area
- Entry level opportunity for owner-occupiers and investors
- Zoned B3 Commercial Core under Newcastle Local Environmental Plan 2012
- Suitable for commercial, retail or medical (STCA)
- Accessibly compliant

For Lease - Please contact Nick Christensen on 0402 635 503.
For Sale by Private Treaty $495,000 (plus GST).

*Approximate.

Property History for 5/572 Hunter St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
$930,000
29 May 2025
  • 29 May 2025
    Sold for $930,000
  • 16 Jun 2021
    Sold for $473,000
  • 07 Jan 2020
    Listed for Sale $495,000 plus GST
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About Newcastle West 2302

The size of Newcastle West is approximately 0.8 square kilometres. It has 5 parks covering nearly 31.8% of 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 2,058 properties. Over the last 5 years, Houses in Newcastle West have seen a 48.30% increase in median value, while Units have seen a 28.93% increase. As at 30 November 2025:

  • The median value for Houses in Newcastle West is $1,467,699 while the median value for Units is $816,192.
  • Houses have a median rent of $548 while Units have a median rent of $675.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Newcastle west on OnTheHouse. According to Cotality's data, 122 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.