Suburb profile: The Hill

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.

The suburb was first known as Church Hill 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 themJesmond Housewhich sold for a record $7 million in 2008, andBishopscourt, which sold for a rumoured $5 million in 2015.

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

LIFESTYLETrue to its name, homes in this suburb are perched on a steep gradient between the hill and the harbour.It is close to Newcastle’s CBD, good schools, beaches, walkways and parkland.

Views: The Hill is home to the iconic King Edward Park and the Obelisk, which showcases a 360-degree view of the city and Newcastle’s beaches.

FROM THE EXPERTS Convenient: Within walking distance to the eateries on Darby and Hunter Streets, The Hill also benefits from its proximity to Newcastle and Bar Beach.

The 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 360-degree views of the city and Newcastle’s beaches. The Hill will benefit greatly from the completion of the light rail in 2019 and the ongoing revitalisation of Newcastle CBD.

Property in The Hill ranges from apartments, townhouses andterrace-style homes to large grand residences dating back to around the late 1800s.

The median price of houses in The Hill last December was $1.375 million (Source: CoreLogic). Overall, the Newcastle property market is expected to increase a further 5.4 per centin 2018 (Source: BIS Oxford).

– Presented by Scott Walkom, Walkom Real Estate