56/575 Hunter Street, Newcastle West, NSW 2302 | Property Value & History | OnTheHouse
OFF MARKET

56/575 Hunter Street
Newcastle West NSW 2302

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 2739m2
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Property Details for 56/575 Hunter St, Newcastle West

56/575 Hunter St, Newcastle West is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 2739m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
2000
Floor Size
82m2
Land Size
2739m2
Local Government
Newcastle
Lot/Plan
56/SP62883

Last Listing description (October 2021)

Secure this standout city central apartment in Newcastle's iconic Hunter Street with transport on the doorstep, shopping and eateries close by and the harbour and beaches easily accessible. As a lifestyle, the 2-bedroom, 2-bathroom residence offers resort facilities with a gym, heated pool and spa, along with a spacious air-conditioned open plan design, electric-equipped kitchen, Euro laundry and balcony with district views across to The Hill and the Anzac Memorial Walk. As an investment, consider private letting or short, medium and long-term leasing through Quest Apartment Hotels. Set on level seven, the bright apartment presents a prime low-maintenance portfolio addition with the peace of mind of Quest's exceptional management and hotel-style services. - Generous open plan lounge and dining areas with air-conditioning- Double bedrooms, each boast built-in robes and city views- Electric equipped kitchen with single drawer dishwasher- Balcony to relax or take in the views- Secure parking for one vehicle in open air car park accessed via King Street- Room service available via the Happy Wombat on ground level- Approximate return of 7% if leased through Quest- 400m to Marketown and Honeysuckle, 700m to Newcastle Interchange, 500m to the university city campus - Strata Levies are approximately $4,572.40 per year- Council rates are approximately $1200 per year- Water rates are approximately $654.74 per yearDisclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 56/575 Hunter St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
$480,000
31 Jan 2020
Listed for Rent
$480/w
02 Feb 2013
  • 31 Jan 2020
    Sold for $480,000
  • 22 Jan 2020
    Listed for Sale $460,000 - $500,000
  • 17 Oct 2014
    Sold for $375,000
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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 17 properties listed for sale, and 1 property listed for rent in Newcastle west on OnTheHouse. According to Cotality's data, 138 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.