799 Hunter StreetNewcastle West NSW 2302
Property Details for 799 Hunter St, Newcastle West
Last Listing description (August 2018)
Newcastle West has entered an unprecedented boom phase with the announcement that both Newcastle City Council & multiple State Government bodies will re-locate to purpose built premises by 2020.
The subject development site is well place to benefit from these landmark re-locations as it is just 300 metres to the west from both sites.
There are 3 brick buildings constructed upon the land.
Floor space ratio: 6:1
Building height limit: 60 metres
Zoned: B4 Mixed Use
Rental income: Approx; $ 207,590 + GST
This is a strong development opportunity with a good income stream that will cover a due diligence period & development application to council.
Property History for 799 Hunter St, Newcastle West, NSW 2302
- 22 Feb 2022Sold for $3,350,000
- 03 Apr 2018Listed for Sale Contact Agent
- 05 Jun 2015Listed for Rent - Price not available
Recent sales nearby
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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 2,009 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.
Suburb Insights for Newcastle West 2302
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