Cooks Hill Suburb Profile
2023 Suburb Profile: Cooks Hill, NSW 2300
Cooks Hill is a trendy and highly sought-after suburb known for its vibrant atmosphere, diverse dining scene, and proximity to both the Newcastle CBD and beautiful beaches. With its blend of historic charm and contemporary living, Cooks Hill offers residents a desirable lifestyle within a thriving urban environment.
Cooks Hill Property Market Guide
Property Types: Cooks Hill predominantly consists of residential properties, including terrace houses, apartments, and some freestanding homes. The suburb also features a mix of heritage-listed buildings and modern developments.
Median Property Value: As of the most recent data, the median value of residential properties in Cooks Hill is $1,450,000. Houses sell for a premium compared to terraces, which in turn sell at a premium to apartments. Please note that property values may vary, and it's recommended to consult with local real estate professionals for the most up-to-date information.
Median Rental Prices: The median rental price for properties in Cooks Hill is approximately $800 per week. Some houses can rent for over $1,200 per week while 1 and two bedroom apartments may fetch as little as $450-$500 per week. Again, these figures are subject to change, and it's advisable to verify with local real estate professionals.
Future Growth Prospects: Because Cooks Hill is part of the inner city in Newcastle, there is naturally a limit to the supply of new properties. Along with the suburb's desirable location, close proximity to amenities, and ongoing urban renewal projects, future price growth is favourable for current property owners. With the increasing demand for inner-city living, Cooks Hill is likely to see continued development and strong demand for properties well into the future.
Schools
Cooks Hill offers access to quality educational institutions in and around the suburb. Here are some notable schools:
Distance to CBD and Beach
Cooks Hill is conveniently situated approximately 1 kilometre south of the Newcastle CBD. This proximity allows residents easy access to employment opportunities, shopping centres, and entertainment options. The closest beach to Cooks Hill is Bar Beach, located approximately 1 kilometre east of the suburb. Residents can enjoy the sandy shores and coastal lifestyle just a short distance from their homes.
Local Cafes, Bars, and Restaurants
Cooks Hill boasts a thriving food and beverage scene, right across the Darby St retail strip. The area offers a wide array of cafes, bars, and restaurants. Here are some popular establishments in the suburb:
Public Spaces
Cooks Hill provides several public spaces for outdoor activities and relaxation:
Centennial Park: A spacious park featuring picnic areas, open spaces, and beautiful gardens.
Strzelecki Lookout: A vantage point offering panoramic views of Newcastle and its coastline.
Gregson Park: A local park with playgrounds, sports facilities, and shaded areas.
Nesca Park: A small, tranquil park perfect for a peaceful retreat.
Cooks Hill Park: A well-maintained park offering green spaces and recreational amenities.
Please note that the information provided above is based on general knowledge and might not reflect the latest updates. It's always recommended to consult with local authorities, real estate agents, and other relevant sources for the most accurate and up-to-date information about the suburb.