FOR SALE
$895,000 - $945,000

1505/653 George Street
Sydney NSW 2000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Stress Free and Secure Investment

Located in the heart of the CBD's vibrant retail and entertainment precinct, this 2 bedroom serviced apartment offers a stress free investment ideal for astute investors.
- Spacious living and dining area with enviable eastern aspect
- Sun drenched balcony capturing city skyline
- Gourmet gas kitchen with stone bench and ample storage
- 2 Generous bedrooms with built-in robe, 2nd bedroom with its own balcony
- 2 deluxe bathrooms, en-suite with bath, integrated laundry
- Ducted air conditioning
- Ideal for city pad, Airbnb operator or astute investors looking for a stress free and secure investment managed by reputable hotel group
- Great for self-managed super fund
- Potential income of $1,000 per week or more
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Property Details for 1505/653 George St, Sydney

1505/653 George St, Sydney is a 2 bedroom, 2 bathroom Unit. The place is currently for sale with LJ Hooker Pyrmont.

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About Sydney 2000

The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.

Sydney has 23,942 properties. Over the last 5 years, Houses in Sydney have seen a -71.84% decrease in median value, while Units have seen a 5.01% increase. As at 31 October 2024:

  • The median value for Houses in Sydney is $502,395 while the median value for Units is $1,163,718.
  • Houses have a median rent of $800 while Units have a median rent of $950.
There are currently 195 properties listed for sale, and 376 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 675 properties were sold in the past 12 months in Sydney.

Suburb Insights for Sydney 2000

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John Zheng
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Amanda Hungerford
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LJ Hooker Pyrmont
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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.