There were 16 registered bidders for a two-bedroom apartment in Cooks Hill that sold under the hammer for $852,000 on May 15.
PRD Newcastle and Lake Macquarie's Jesse Wilton marketed 3/79 Tooke Street with a guide of $690,000.
He said the property in Dawson Courts, a boutique development of just four apartments built circa 1920s, attracted first home buyers, investors, downsizers and Sydney interest during its three-week auction campaign.
Mr Wilton described it as "a very strong auction" with an opening bid of $740,000 and three people vying for it in the end before an out-of-town buyer secured the property.
According to Australian Property Monitors data, the apartment last traded for $660,000 at the peak of the market in 2017.
It was positioned diagonally across from Centennial Park and within walking distance of Darby Street cafes and restaurants, Newcastle CBD and major shopping villages.
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Upcoming auctions
A one-of-a-kind residence in Hamilton South will historic links to Newcastle is set to go under the hammer at 11.15am on Saturday.
Kate Rundle, of Walkom Real Estate, has marketed the grand art deco masterpiece known as Pale Alto at 30 Silsoe Street, which was built in the 1930s by William Herbert - the American businessman who brought moving pictures permanently to Newcastle.
Every detail was carefully considered with extravagant features and geometric designs capturing the eye throughout.
The four-bedroom house sits on a corner double block some 1156 square metres in size.
It is surrounded by a White Gosford stone fence. It has formal and informal living and dining areas and generous proportions. The home has been in the Fitzgerald family since 1961. A price guide has not been publicly disclosed.
Belle Property Newcastle have reported over 118 groups through a four-bedroom home at 47 Hamilton Street in Kahibah that is set for auction at 12.30pm on Saturday with a guide of $850,000 to $900,000. It has rear-lane access to Pit Pony Park and is close to Glenrock State Conservation Area and Fernleigh Track.
