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Sold on 30 Aug 2024 for $3,200,000

34 King Street
Ashfield NSW 2131

Bedrooms: 8
Bathrooms: 4
Car spaces: 3
Land area: 607m2
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Property Details for 34 King St, Ashfield

34 King St, Ashfield is a 8 bedroom, 4 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 8 bedroom BlockOfUnits sold in Ashfield in the last 12 months.

Building Type
BlockOfUnits
Land Size
607m2
Local Government
Inner West
Lot/Plan
CP/SP5131

Last Listing description (August 2024)

An exceptionally rare offering, appealing to savvy investors seeking a unique investment opportunity in an outstanding location. Resting on a 607sqm block enjoy an immediate income stream with scope to further increase. Set in a quiet yet highly accessible pocket close to Ashfield Mall, its well-built security block is a walk to city trains, cafes, restaurants, schools, and live entertainment at Pratten Park Bowling Club.

- Four x two-bedroom strata titled apartments
- Immediate rental income with scope for increase

- Gas kitchens with separate dining rooms
- Sunrooms/study off all the master bedrooms
- Well sized bathrooms, two with bathtubs
- Double lock-up garages plus extra parking space
- Two external laundry rooms, large communal rear yard
- A short walk to Ashfield train station, mall and cafés
- Long term hold with ample future potential

Land Size: 607 square meters approximately

Property History for 34 King St, Ashfield, NSW 2131

A timeline of how this property has performed in the market
Last Sold
$3,200,000
30 Aug 2024
  • 30 Aug 2024
    Sold for $3,200,000
  • 15 Jul 2024
    Listed for Sale $3,200,000

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About Ashfield 2131

The size of Ashfield is approximately 3.4 square kilometres. It has 24 parks covering nearly 7.2% of total area. The population of Ashfield in 2011 was 22,190 people. By 2016 the population was 23,848 showing a population growth of 7.5% in the area during that time. The predominant age group in Ashfield is 20-29 years. Households in Ashfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashfield work in a professional occupation. In 2011, 50.5% of the homes in Ashfield were owner-occupied compared with 43.8% in 2016.

Ashfield has 12,915 properties. Over the last 5 years, Houses in Ashfield have seen a 39.98% increase in median value, while Units have seen a 30.58% increase. As at 31 October 2024:

  • The median value for Houses in Ashfield is $2,153,685 while the median value for Units is $871,360.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 66 properties listed for sale, and 84 properties listed for rent in Ashfield on OnTheHouse. According to CoreLogic's data, 488 properties were sold in the past 12 months in Ashfield.

Suburb Insights for Ashfield 2131

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Jordan Dias
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Joey Di Perna
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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.