31 Kitchener Parade, The Hill, NSW 2300 sold on 13 August 2025 | OnTheHouse
 
SOLD
Sold on 13 Aug 2025 for $2,800,000

31 Kitchener Parade
The Hill NSW 2300

Bedrooms: 16
Bathrooms: 8
Car spaces: 4
Land area: 556m2
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Property Details for 31 Kitchener Pde, The Hill

31 Kitchener Pde, The Hill is a 16 bedroom, 8 bathroom House with 4 parking spaces. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 16 bedroom House sold in The Hill in the last 12 months.

Building Type
House
Land Size
556m2
Local Government
Newcastle
Lot/Plan
8/DP216346

Last Listing description (June 2025)

Units 1-8/31 Kitchener Parade are two blocks of units on one title being sold in one line in The Hill Newcastle.

The units have been well maintained and have had minor renovations and upgrades as required under the current ownership. Each unit is a two bedroom configuration with central living space - some with lovely city views and a compact kitchen and bathroom. The property has four off street car spaces and a share laundry facility. Total revenue at full capacity is $133,380, currently two units vacant to facilitate sale that then would go immediately back in to rental market.

There is an opportunity to enjoy current returns or if so desired over time upgrade units to increase rent returns and possibly subject to approval strata title and add significant value. Other potentials are to land bank and look to develop site further.

Property features include:

Eight separate two bedroom units
Good views and leaf outlook
Consistent rental returns
Potential to increase income
STLCA potential to strata title adding significant value

The Location: The Hill is an inner city suburb of Newcastle - one of the city's oldest suburbs with a mix of free standing houses, units and apartments. Within walking distance to beaches and the city The Hill is popular with investors wanting strong returns and low vacancy rates. Local shopping precincts include Hunter Street Mall and Darby Street Cooks Hill - with Newcastle Interchange accessed via light rail - also within walking distance.

For information or to inspect contact Darren Penn by email or call 0424 740 463.

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Property History for 31 Kitchener Pde, The Hill, NSW 2300

A timeline of how this property has performed in the market
Last Sold
$2,800,000
13 Aug 2025
Listed for Rent
05 Dec 2023
  • 13 Aug 2025
    Sold for $2,800,000
  • 24 Nov 2023
    Listed for Rent $475 / week
  • 11 Oct 2023
    Listed for Sale Expressions of Interest
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About The Hill 2300

The size of The Hill is approximately 0.6 square kilometres. It has 9 parks covering nearly 25.7% of total area. The population of The Hill in 2016 was 1943 people. By 2021 the population was 2076 showing a population growth of 6.8% in the area during that time. The predominant age group in The Hill is 20-29 years. Households in The Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in The Hill work in a professional occupation.In 2021, 44.20% of the homes in The Hill were owner-occupied compared with 44.70% in 2016.

The Hill has 1,415 properties. Over the last 5 years, Houses in The Hill have seen a 41.93% increase in median value, while Units have seen a 41.09% increase. As at 31 October 2025:

  • The median value for Houses in The Hill is $2,178,090 while the median value for Units is $859,977.
  • Houses have a median rent of $580 while Units have a median rent of $580.
There are currently 8 properties listed for sale, and 2 properties listed for rent in The hill on OnTheHouse. According to Cotality's data, 64 properties were sold in the past 12 months in The hill.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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