695 Hunter Street, Newcastle West, NSW 2302 | Property Value & History | OnTheHouse
 
OFF MARKET

695 Hunter Street
Newcastle West NSW 2302

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 156m2
Land area: 164m2
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Property Details for 695 Hunter St, Newcastle West

Building Type
Commercial
Floor Size
156m2
Land Size
164m2
Local Government
Newcastle
Lot/Plan
1151/DP549069

Last Listing description (June 2021)

A well located investment opportunity with the potential for dual income only 300m* from the Transport Interchange.

The Property consists of a 2-level brick commercial building with attractive street appeal and parking for up to 4 vehicles including garage. Each level has independent access and amenities enabling separate occupation over each floor.

Features:

- 157sqm building area
- Fully leased to Muso's Corner
- $55,000 pa net income
- Up to 4 car parks including garage
- Two tenancies with independent access
- Grease arrestor
- Torrens title
- 300m to the transport interchange

The CBD is shifting west. This is your opportunity to invest now and enjoy the upside.

For sale by online Auction closing Tuesday 29 June at 11am. Contact Brent Sinclair 0407 027 277 for more information.

*approximately

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Property History for 695 Hunter St, Newcastle West, NSW 2302

A timeline of how this property has performed in the market
Last Sold
$1,090,000
25 Jun 2021
Listed for Rent
13 Dec 2022
  • 25 Jun 2021
    Sold for $1,090,000
  • 21 May 2021
    Listed for Sale Contact Agent
  • 04 Feb 2020
    Sold for $1,150,000
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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 2,007 properties. Over the last 5 years, Houses in Newcastle West have seen a 47.78% increase in median value, while Units have seen a 32.21% increase. As at 31 December 2025:

  • The median value for Houses in Newcastle West is $1,456,807 while the median value for Units is $834,060.
  • Houses have a median rent of $675 while Units have a median rent of $688.
There are currently 12 properties listed for sale, and 5 properties listed for rent in Newcastle west on OnTheHouse. According to Cotality's data, 133 properties were sold in the past 12 months in Newcastle west.

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