Cooks Hill, NSW, 2300
Cooks Hill is the cultural and culinary centre of Newcastle, featuring art galleries, the city library and the popular Darby St dining precinct. 2 km from the CBD, Cooks Hill is bordered by Newcastle to the north, The Hill to the east, Bar Beach to the south and Newcastle West to the west.
Home to 3,600 people, Cooks Hill offers a mix of housing options, close to the CBD. 44% of properties are semi-detached houses and terraces, reflecting the period architecture of the suburb. Over 50% of residents rent in Cooks Hill, the majority aged under 44. 52% identify as managers and professionals, drawn to the area for its many services and enviable location.
Houses and units in Cooks Hill offer similar long-term growth to investors at 6.99% and 6.13% respectively. However, units provide a better rental investment, with a median rental yield of 3.61%, outperforming houses on 2.86%. There has been a recent correction in the housing market, reflected in the 12 month growth figure of -2.07%. Units, on the other hand, recorded growth of 12.73% in the same period.
Median house price - $945,000
Median unit price - $620,000
Median weekly house rental price - $520
Median weekly unit rental price - $430
Median house rental yield - 2.86%
Median unit rental yield - 3.61%
12 month growth (houses) - -2.07%
12 month growth (units) - 12.73%
Average long-term growth (houses) - 6.99%
Averaged long-term growth (units) - 6.13%
Cooks Hill is famous for its parks and tree-lined streets. When selling, bring your property to life with leafy plants, vibrant colours and scented flowers. Create a lush vertical garden on your balcony. Make the most of your courtyard by adding feature pots with mature plants for visual interest. Deck out the inside with indoor greenery too. Entice potential buyers by bringing the best of Cooks Hill’s natural beauty to your property and maximise your sale price too.
An older suburb, many properties in Cooks Hill tend to be built on a smaller scale to their modern counterparts. To maximise space, declutter your home before you place it on the market. Replace bulky furniture with smaller, streamlined pieces, to create the illusion of more space. Make it easy for potential purchasers to see how they could live in your home by removing the clutter and displaying your property to its best advantage..
Cooks Hill is famous for its terrace housing and heritage architecture. Highlight period and heritage features in your home to appeal to more buyers. Repaint ornate features, such as cornices and ceiling roses. Highlight original fireplaces, refurbish traditional hardwood floors and make a feature of dado boards and picture rails. Decorate to match the age of your property, ensuring you still offer the modern conveniences sought by discerning buyers.
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Public |
Catholic |
Independent |
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The Junction PS Newcastle East PS Newcastle HS |
St Peter’s Stockton St Joseph’s Merewether Holy Family Merewether St Columba’s, Adamstown San Clemente (7-10) St Francis Xavier (11-12) |
Newcastle Grammar School St Philip’s Christian College Hunter Christian School |
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Medical |
Clubs |
Pubs |
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Cooks Hill Medical Centre Hunter St Medical Centre Marketown Health Merewether-The Junction General Practice |
Lowlands Bowling Club Wests Newcastle Cooks Hill Surf Life Saving Club |
Finnegan’s Hotel Commonwealth Hotel Oriental Hotel Cricketers Arms Hotel Hotel Delany |
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Landmarks |
Parks |
Supermarkets |
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Newcastle City Library Newcastle Art Gallery Civic Theatre Civic Park War Memorial Watt Space Gallery Cooks Hill Galleries Newcastle University City Campus |
Civic Park Centennial Park Nesca Park National Park |
Marketown Shopping Centre Aldi Newcastle Civic Grocer |
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