44 Tyrrell St, The Hill is a 3 bedroom, 3 bathroom Unit and was built in 1900. The property has a land size of 111m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Excellent inner city location. Low property expenses makes it a top income earner. Three tenancies, 3 x 1 bedroom units. Current gross rental income $58,760 pa*.
Positioned amongst the history and beauty of The Hill, this late 1800s colonial style property has been converted into three separate 1-bedroom apartments offering an outstanding prospect with excellent investment rewards currently returning a combined Gross rent of $1,130pw*
Period hallmarks including original fireplaces and ornate ceilings honour the property's heritage, while each apartment features a modern kitchen, bathroom and large living and bedroom space. North facing cathedral and harbour views are best enjoyed from the upper level while a shared laundry in the rear courtyard adds a finishing touch. Perfectly placed to enjoy all of Newcastle's lifestyle attractions, from here it's an easy stroll to Darby Street for coffee, shopping and dining, the harbour and Honeysuckle for entertainment or the beach for a swim or surf.
- Renovated, trendy and stylish 1-bedroom apartments
- Great rental income currently returning a combined $1,130 per week*.
- Presents as a superb ready made investment
- Inner city Newcastle
- Harbour & Cathedral Views
- Common north facing courtyard
- Just 1km from the University of Newcastle city campus*
- 500m to King Edward Park and 1 km to the beach*.
Outgoings:
Water: $2,300 pa*
Council: $2,995 pa*
*Approx.
(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.)
The size of The Hill is approximately 0.6 square kilometres. There are 9 parks, covering nearly 25.7% of the 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 14.94% increase in median value, while Units have seen a 27.82% increase. As at 31 July 2026:
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