SUBURB SNAPSHOTSteeped in history and towering over the harbour, The Hill is coveted for its grand Victorian residences, cosmopolitan lifestyle and views of the coast and city.
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About one kilometre from the CBD, the suburb was first known as Church Hill and then Prospect Hill. It was one of the earliest settled areas of Newcastle andthe site of the first townplanlaid out by Henry Dangar in 1823.

It is home to severaliconic sites, including Christ Church Cathedral, the convict burial ground and the Anzac Memorial Walk.

Newcastle’s most expensive homes can be found in the suburb; among them Jesmond House which sold for a record $7 million in 2008 and Bishopscourt, which sold for a rumoured $5 million in 2015.

Other magnificent properties include ‘Woodlands’ on Church Street and Pacific House on The Terrace.

LIFESTYLETrue to its name, homes in this suburb are perched on a steep gradient between the hill and the harbour. The majority are Victorian terraces but the western basinis dominated by units.

The suburb is expected to get a further injection of medium density housing whenNBN television vacates its studios on Mosbri Crescent.

LAVISH: Jesmond House sits atop The Hill and is Newcastle’s most expensive property. It sold for a record $7 million in 2008.

Within walking distance to the eateries on Darbyand Hunter Streets, The Hill also benefits from its proximity to Newcastle and Bar Beach.

The suburb’s residents are young –with amedian age of 31 –well paid and well educated. More than 40 per cent are professionals, nearly double the NSW average.

FROM THE EXPERTSThe Hill overlooks Newcastle’s CBD and is situated within walking distanceof dining, schools, beaches and the harbour. It is home to the iconic King Edward Park, a great spot for family picnics and the Obelisk which showcases a 360 degree viewof the city and Newcastle’s beaches.

HISTORIC: A house on The Terrace fronting King Edward Park. The suburb has been home to some of Newcastle’s most high profile residents.

Propertiesrange from apartments, townhouses, terrace-style homes and grand residences dating back to around the late 1800s. The current median price of houses in the area is approximately $1,100,000 and units approximately $485,000, allowing it to become an attractive location for investors and owner-occupiers.

-Presented by Scott Walkom, Walkom Real Estate

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