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Sold on 29 Aug 2024 for $479,000

304/88 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 33m2
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Property Details for 304/88 King St, Newtown

304/88 King St, Newtown is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in Newtown in the last 12 months.

Building Type
Apartment
Floor Size
33m2
Local Government
Sydney
Lot/Plan
72/SP44724

Last Listing description (August 2024)

With the very heartbeat of Newtown at your doorstep, this third-floor converted warehouse apartment with secure off street parking, offers a highly desirable lifestyle that seamlessly blends location and convenience. Filled with natural light this apartment presents a wonderful opportunity to immerse yourself in the vibrant atmosphere of King Street.

The secure building provides an intercom system for added peace of mind and shared laundry facilities for residents' ease. Additionally, residents can indulge in the luxury of a resort-style pool and an entertainment area within the complex.

Ideally located with Hollis Park, King Street's vibrant dining and nightlife, fashion boutiques, cafes, and pubs just outside your door. Sydney University and The Royal Prince Alfred Hospital are approximately 700 meters away, with the CBD just 3.5 kilometers away.

Whether you seek a fantastic investment opportunity or a comfortable lifestyle retreat, this apartment ticks all the boxes.

Property History for 304/88 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$479,000
29 Aug 2024
Listed for Rent
$570/w
01 Nov 2023
  • 29 Aug 2024
    Sold for $479,000
  • 19 Jun 2024
    Listed for Sale Sold for Full Asking Price | $479,000
  • 08 Sep 2021
    Listed for Rent $350 / week
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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 9,388 properties. Over the last 5 years, Houses in Newtown have seen a 43.18% increase in median value, while Units have seen a 19.84% increase. As at 31 August 2024:

  • The median value for Houses in Newtown is $1,901,744 while the median value for Units is $867,182.
  • Houses have a median rent of $900 while Units have a median rent of $620.
There are currently 26 properties listed for sale, and 59 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 2042

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Adam Freitas
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Michael Harris
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Raine & Horne Newtown
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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.