FOR RENT
LEASED - JAMES OCONNOR - 0414 414 420

56 Margaret Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 133m2
Available From
Friday 20 December 2024| Bond $3,500
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LEASED FIRST INSPECTION - JAMES O'Connor - 0414 414 420

Charming Victorian Classic in the Heart of Newtown
Step into the elegance of yesteryear with this Victorian home located in the vibrant and highly sought-after suburb of Newtown. Featuring two generous bedrooms, this classic residence offers ample living space with separate lounge and dining rooms that boast period details throughout. Lush, private garden, perfect for entertaining or simply relaxing in your own serene outdoor oasis. Enjoy the convenience of rear lane access, offering secure parking. An enviable feature in this popular locale.
Situated in a quiet street, this home is just a stone's throw from the bustling King Street shops, cafes and restaurants. Surrounded by excellent schools, parks, and public transport options, it offers the best of inner-city living while still providing a peaceful retreat.
Features Include:
• Two spacious bedrooms with high ceilings
• Separate lounge and dining areas
• Beautiful private garden, ideal for entertaining
• Rear lane access with secure parking
• Prime location close to King Street shops, cafes, and restaurants
• Excellent schools, transport, and parks nearby
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Property Details for 56 Margaret St, Newtown

56 Margaret St, Newtown is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 133m2. The place is currently for rent with Ray White Inner West Group.

Building Type
House
Land Size
133m2

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About Newtown 2042

The size of Newtown is approximately 1.6 square kilometres. It has 18 parks covering nearly 3.7% of total area. The population of Newtown in 2011 was 14,148 people. By 2016 the population was 15,009 showing a population growth of 6.1% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 41.2% of the homes in Newtown were owner-occupied compared with 38.5% in 2016.

Newtown has 9,417 properties. Over the last 5 years, Houses in Newtown have seen a 32.27% increase in median value, while Units have seen a 24.46% increase. As at 30 November 2024:

  • The median value for Houses in Newtown is $1,931,870 while the median value for Units is $908,993.
  • Houses have a median rent of $900 while Units have a median rent of $640.
There are currently 16 properties listed for sale, and 47 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 2042

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James O'Connor
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Ray White Inner West Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.