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5/199 King Street, Newcastle$375,000
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For Saleapartment

5/199 King Street

Newcastle, NSW 2300, Australia
$375,000
1 bath

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About this property

Sitting proudly above King Street since the 1930s, The Moorings is a handsome Art Deco residential building, rich in heritage character and local history. Designed by renowned Newcastle architect John Oldham and originally built to accommodate BHP's bachelor workers, it now offers an affordable opportunity to secure a foothold in one of the city's most walkable neighbourhoods. Comfortable as is, the north-facing studio features an integrated kitchen, a fully tiled bathroom, generous storage and a large picture window that welcomes natural light. Many apartments within The Moorings have already been thoughtfully modernised, offering inspiration for a cosmetic refresh or contemporary renovation that could add instant value while complementing the building's enduring Art Deco character. Step outside and you're moments from a gourmet sandwich at Arno Deli, the latest release at Tower Cinemas, exhibitions at Newcastle Art Gallery, picnics in Civic Park and the cafés, bars and restaurants of Darby Street. The harbour foreshore, Honeysuckle and Newcastle's beaches are all within an easy stroll, making this an address where the best of the city is always close at hand. -The 18-apartment building is an excellent reflection of early apartment living during the inter-war period -An ideal first home or investment in a tightly held landmark building -Kitchen with an electric stove -Bathroom with shower and space for washing machine -University of Newcastle city campus 450m, Civic Theatre 550m -East End Village 650m, Honeysuckle 900m, Newcastle Beach 1.2km * This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.

Property Details

Property Type
apartment
Listing Type
For Sale
Bathrooms
1
Listed
1 week ago

Repayment calculator

$1,818/month
$909 /fortnight
Loan $300,000 at 6.10% over 30 years

Upfront costs

Deposit$75,000
Stamp duty$10,037
Conveyancing (est.)$2,000
Total upfront$87,037
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Newcastle

This apartment in Newcastle, NSW 2300 sits within reach of public transport, local shops and nearby schools. It is listed 62% below the $995,000 median of 60 comparable apartmentswithin 5 km.

Schools near Newcastle

  • Newcastle East Public Schoolprimary · K-6 · CoEd
  • Indie School Newcastlesecondary
  • Newcastle Grammar Bolton Street Campussecondary

What's nearby

  • King St after Darby St (bus)51 m away
  • With Love Bree-Lacey81 m away
  • AA Park51 m away
  • Church Walk Park72 m away
  • Civic Park312 m away

Newcastle at a glance

Full suburb profile
Population
3,852
Median age
41
Household income
$1,943/wk
Median rent
$490/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Newcastle price trend

Median sold · Unit 2 bed

Compound growth +6.0% / yr over 4 yrs

$1.14mcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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