OFF MARKET

72 Albion Street
Annandale NSW 2038

Bedrooms: 6
Bathrooms: 6
Car spaces: -
Land area: 282m2
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Property Details for 72 Albion St, Annandale

72 Albion St, Annandale is a 6 bedroom, 6 bathroom House and was built in 1970. The property has a land size of 282m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1970
Land Size
282m2
Local Government
Inner West
Lot/Plan
1/DP914431

Last Listing description (October 2024)

A rare opportunity to own a period boutique block of units in the heart of Annandale. This impeccably maintained Art Deco building features six spacious apartments, offering a mix of one and two-bedroom layouts. The property is uniquely designed with zero common walls, providing privacy and comfort for all residents.

- 6 units (1-2 bedrooms each), with three apartments located at the front and three at the rear.
- Mostly renovated, ensuring modern comforts while preserving the building's original charm.

- All units are currently tenanted, providing an immediate income stream.
- Centrally positioned, just minutes from public transport and seconds away from local cafes and High Street retail amenities.
- A sizeable 282 square metre parcel of land.
- The property generates a current income of approximately $160-170k per annum, with potential for a rental uplift (under current review).
- UCV (Unimproved Capital Value): $1,470,000.
- Fully managed, with reasonable rates and utilities.
- Income 167,752.00 per annum

This well-preserved building is a prime investment opportunity, offering both steady income and the potential for future growth.

Property History for 72 Albion St, Annandale, NSW 2038

A timeline of how this property has performed in the market
Last Sold
$3,300,000
13 May 2017
Listed for Rent
$410/w
23 Aug 2017
  • 23 Aug 2024
    Listed for Sale Contact Agent
  • 01 Nov 2023
    Listed for Sale Contact Agent
  • 05 Jun 2023
    Listed for Sale Contact Agent
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About Annandale 2038

The size of Annandale is approximately 1.5 square kilometres. It has 14 parks covering nearly 7% of total area. The population of Annandale in 2011 was 8,668 people. By 2016 the population was 9,456 showing a population growth of 9.1% in the area during that time. The predominant age group in Annandale is 30-39 years. Households in Annandale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Annandale work in a professional occupation. In 2011, 54.9% of the homes in Annandale were owner-occupied compared with 54.3% in 2016.

Annandale has 5,266 properties. Over the last 5 years, Houses in Annandale have seen a 34.21% increase in median value, while Units have seen a 8.60% increase. As at 30 November 2024:

  • The median value for Houses in Annandale is $2,366,232 while the median value for Units is $1,016,522.
  • Houses have a median rent of $950 while Units have a median rent of $628.
There are currently 6 properties listed for sale, and 13 properties listed for rent in Annandale on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Annandale.

Suburb Insights for Annandale 2038

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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.