Back 42/575 Hunter Street
Off Market

42/575 Hunter Street

Newcastle NSW 2300

3
2
2
82 m²
Unit
Last sold for $700,000
Maria Di ClaudioMaria Di Claudio, last sold this property on 15 September 2025 after 89 days on market.

Overview

Executive Inner-City Apartment with Resort-Style Amenities

Enjoy the best of city living in this spacious 3-bedroom, 2-bathroom apartment perfectly positioned on Newcastle's iconic Hunter Street. Located in the renowned Quest Apartments complex this apartment presents an outstanding investment opportunity. With public transport at your doorstep, and just moments from Marketown, Honeysuckle, the University City Campus, and the Harbour and beaches, this home offers unbeatable convenience paired with luxury. Located on the sixth floor and designed for effortless living, the bright open-plan layout features air-conditioned lounge and dining areas, a well-equipped electric kitchen with dishwasher, and a private balcony capturing vibrant city views. Take advantage of premium resort-style facilities including a heated pool, spa, and gym—all within a secure complex. Sun drenched North Facing position fills the apartment with an abundance of light and warmth. Property Features: • Light-filled open-plan living and dining with air-conditioning • Three generous bedrooms 2 with built-in robes and ceiling fans • Master bedroom accommodates built-in robe, ensuite, a/c and private balcony • Modern kitchen with electric cooktop , dishwasher and loads of storage. • Spacious bathrooms, shower over bath & full size separate laundry • Private balcony off the living area, perfect for relaxing and entertaining • Secure tandem parking for two vehicles. • Resort-style amenities: heated pool, spa, and gym • Prime location: 400m to Marketown Shopping Centre & Honeysuckle, 500m to the University, 700m to Newcastle Interchange This is inner-city living at its finest—ideal for professionals, investors, or anyone seeking the perfect blend of comfort and convenience. Council Rates: $2,000 p/a approx. This property offers an attractive return of $34,420.90 p/a ($2,868.40 per month) which also includes the following: - 3% annual CPI increases until rental review in September 2026 - Paid by Quest: 100% Water Rates and Usage, 100% Admin fee's - Current lease expires September 2026 with 2 x 5yr option - Outgoings for the landlord/Owner: Corporate fees - $1,861.24 per quarter

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
82 m² lot size
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Newcastle over the last 12 months, the estimated median property value of 42/575 Hunter Street is $1.39m.

Median value
$1.39m
Estimated value range
$700k - $2.8m
Median days on market
77
Estimated value trend
45%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newcastle. 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 42/575 Hunter Street

2025
Sold
$700,000
15 Sep 2025 by Maria Di Claudio, of Dowling Property Group - Hamilton

Happy sellers in Newcastle

86%
86% of sellers in Newcastle reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 45 reviews in Newcastle over the last 12 months.

Local market activity for 3 bedroom units in Newcastle

In the last 12 months, 3 three-bedroom units similar to 42/575 Hunter Street, have been sold.

This represents a 20% increase in three-bedroom units sales when compared to the previous 12 months.

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