New listings rose, sold properties decreased, and days on market increased in January, as to be expected following the Christmas holidays. Sold properties also decreased when compared with January of 2024. Median sold prices rose with the Newcastle LGA now at $974K, Lake Macquarie: $867K, Port Stephens: $840K, and Maitland: $770K.
*Local data sourced from realestate.com.au
SOLD IN SOUL FOR $1,100,000
The revitalisation of Hunter Street Mall blends old and new beautifully. The streetscape is characterised by heritage façades, broad sidewalks, and high-ceilinged commercial spaces at ground level, with luxury residences above.
The newly completed Soul at 153 Hunter St retains the Art Deco-inspired façade of the Soul Pattinson building. Local architects CKDS Architecture drew inspiration for the new build from the heritage façade’s unique geometry and brick pattern. Specifically, the “windows and the way that the façade has this triangulation or this ripple to it” (Director Stuart Campbell).
Last week Green St Property sold 407/153 Hunter St, Newcastle in the Soul Apartments for $1,100,000 (2 Bed | 2 Bath | 1 Car).
*Historical photographs of the Duke of Kent Hotel/Soul Pattinson Building, Source: Newcastle Libraries (Hunter Photo Bank: 460 000090 & 163 001918).