Back 30/575 Hunter Street
Off Market

30/575 Hunter Street

Newcastle West NSW 2302

1
1
1
75 m²
Apartment
Last sold for $405,000
Andrew McGavinAndrew McGavin, last sold this property on 12 March 2026 after 80 days on market.

Overview

Smart Affordable Investment, City Apartment with $28,800 Return

Positioned within the centrally located Quest Apartment complex, this exceptional one-bedroom apartment is the prefect set-and-forget investment. Offering a long term secure lease to Quest apartments with guaranteed annual rental return of $28,800 per annum. * Spacious one bedroom apartment on level four * Fully furnished throughout incl washing machine and dryer * Brand new kitchen and bathroom installed Nov 2025 * Roomy air-conditioned living area with adjoining balcony * Large eat-in kitchen with dishwasher and electric cooking * Secure car space for one vehicle, with gated entry * Newcastle city, beaches and harbour foreshore nearby * Short walk to Newcastle rail interchange and light rail system Crunching The Numbers * Guaranteed Rental Return - $28,800 PA * 5-year lease to Quest ending 11 June 2030 * 3 options to renew for a period of 5 years each * Rent increased by 3% per annum for years 2 to 5 The Lessor (owner) will pay during the term: Council Rates $1,641 PA approx Water Rates: Paid by Quest Strata levies: $1,191 PQ approx An affordable investment opportunity in a prime harbourside location.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
75 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Newcastle West over the last 12 months, the estimated median property value of 30/575 Hunter Street is $580k.

Median value
$580k
Estimated value range
$375k - $715k
Median days on market
38
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Newcastle West. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 30/575 Hunter Street

2026
Sold
$405,000
12 Mar 2026 by Andrew McGavin, of Dalton Partners The Junction
2016
Sold
$318,500
Private Sale/Treaty on 29 Feb 2016 by Andrew McGavin, of Dalton Partners The Junction

Happy sellers in Newcastle West

92%
92% of sellers in Newcastle West reported that their sale price either exceeded or met their price expectations.

Newcastle West stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Newcastle West over the last 12 months.

Local market activity for 1 bedroom apartments in Newcastle West

In the last 12 months, 16 one-bedroom apartments similar to 30/575 Hunter Street, have been sold.

This represents a 23% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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