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This property has been sold on 30 July 2026

41 days on market

Market context at sale

Suburb cycle phase
Rising
RBA cash rate
4.35%
Suburb median (July 2026)
$1,000,000

Listing journey

Essentials

This property went through 1 price reduction over 41 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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1203/464 King Street, Newcastle, NSW, 2300

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Asking Price

$1,250,000 - $1,300,000

2 Beds2 Baths2 Cars
Land: 65 m2

Property overview

This 2-bedroom apartment at 1203/464 King Street in Newcastle, NSW 2300 sold in July 2026, with 2 bathrooms and parking for 2. The median unit price in Newcastle is $1M. Council data records flood and heritage overlays on the site. There are 27 schools within roughly 5km, and the area scores 67 for walkability and 70 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $1,300,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

  • Planning overlay risk

Listed

Updated

Days on market

41

Latest price change

Listed at $1,300,000

Investment Score

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Deal qualityGrowthCash flowMarket liquidityRisk control

Newcastle at a glance

Unit market signals | NSW 2300

Full suburb profile

Median

$1M

Market signals

To CBD

117 km

Flood zone

Est. Valuation

$1,345,116

Potential Sell Price

Est. Rent/wk

$1,029

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 30% above suburb median
Suburb grew +7.7% last year
Suburb avg 76 days on market
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Planning Overlays

Overlays Detected

Subdivision & Development Potential

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Currently leased at $850/wk
Council rates $1,450/yrStrata $9,000/yrest. net yield 2.60%
Zoned to popular Verve Residences opposite, this property and

Total Cost to Purchase

Purchase Price
$1,300,000
Stamp Duty (New South Wales)
$53,513
Transfer/Registration Fee
$400
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$1,356,613

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
High Density
Listed
Last Updated
Postcode
2300

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