506/645 Hunter St, Newcastle West is a 3 bedroom, 2 bathroom Unit. The property has a land size of 126m2.This Property is currently listed for sale with Street Property - Newcastle (Sales)
One of the rare opportunities to enjoy living in the inner-city is offered for your consideration. Located in the prestigious Watervue Development that is one block back from the Harbour.
Positioned on the northeast corner and enjoying Harbour views down the Steel Street Reserve.
An amazing apartment that is Silver Standard modified as an accessible apartment.
Watervue is dominated by owner occupiers who have been attracted to a development that offers: A three-elevator core for access to all apartments; Double glazing and ducted air conditioning with motors not housed on the verandah; 25 metre, two lane pool plus a beach area for those who simply want to relax without any stress; Residents lounge which is directly adjacent to the pool area plus an outdoor terrace area and resident community edible gardens; Separate work from home business hub; Restrictions on short term leasing of apartments are part of the Strata by-laws.
Watervue is due for completion at the end of 2026 so this would be the ideal Christmas gift to yourself.
The Watervue buyers already have their own Facebook page operating which is an indication that a strong residents' community is being created. I am certain that there will be a book club for those with a literary bent and gardening group for those with green thumbs. Residents get togethers for those who wish to mingle sometimes on site or at a nominated venue.
Council Rates: $1,500 per annum approx
Water Rates: $1,150 + Usage per annum approx
Strata Levies: $6,500 per annum approx
Potential Rental Return: $1,100 per week approx
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Disclaimer: we have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.
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 2,119 properties. Over the last 5 years, Houses in Newcastle West have seen a 16.05% increase in median value, while Units have seen a 20.97% increase. As at 30 June 2026:
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