OFF MARKET

16-18 Myrtle Street
Chippendale NSW 2008

Bedrooms: -
Bathrooms: 2
Car spaces: -
Floor area: 133m2
Land area: 169m2
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Property Details for 16-18 Myrtle St, Chippendale

16-18 Myrtle St, Chippendale is a bedroom, 2 bathroom House. The property has a land size of 169m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Floor Size
133m2
Land Size
169m2
Local Government
Sydney
Lot/Plan
1/DP72672

Last Listing description (March 2010)

LICENSED BOARDING HOUSE NEAR SYDNEY UNI, UTS AND BROADWAY.
HUGE INCOME EARNER
THIS APPROVED BOARDING HOUSE IS EXTREMELY WELL LOCATED NEAR SYDNEY UNIVERSITY, BROADWAY SHOPPING CENTRE AND THE UNIVERSITY OF TECHNOLOGY.

IT CONSISTS OF 15 BEDROOMS, COMMUNAL KITCHEN AND LIVING AREA, 3 TOILETS AND 2 BATHROOMS OVER TWO LEVELS AND BRINGS IN AROUND $133,000 PER ANNUM. IT IS SITUATED IN A QUIET RESIDENTIAL STREET PROVIDING THE IDEAL BUDGET HOME FOR ALL TENANTS. THERE IS PLENTY OF SCOPE FOR IMPROVEMENT TOO WHICH WOULD BOOST YOUR INCOME EVEN FURTHER WITHOUT TOO MUCH EFFORT.
CALL FOR AN INSPECTION AND CAPITALISE ON A RARE OFFERING. THESE PROPERTIES GENERALLY DON'T CHANGE HANDS TOO OFTEN SO DON'T DELAY.

Property History for 16-18 Myrtle St, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$1,700,000
09 Jul 2019
  • 09 Jul 2019
    Sold for $1,700,000
  • 11 Mar 2010
    Sold for $1,500,000
  • 10 Feb 2010
    Listed for Sale $1,500,000
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About Chippendale 2008

The size of Chippendale is approximately 0.5 square kilometres. It has 5 parks covering nearly 2.9% of total area. The population of Chippendale in 2011 was 4,056 people. By 2016 the population was 8,597 showing a population growth of 112.0% in the area during that time. The predominant age group in Chippendale is 20-29 years. Households in Chippendale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chippendale work in a professional occupation. In 2011, 29% of the homes in Chippendale were owner-occupied compared with 23.9% in 2016.

Chippendale has 5,650 properties. Over the last 5 years, Houses in Chippendale have seen a 15.28% increase in median value, while Units have seen a -0.40% decrease. As at 30 November 2024:

  • The median value for Houses in Chippendale is $1,751,893 while the median value for Units is $841,730.
  • Houses have a median rent of $900 while Units have a median rent of $850.
There are currently 45 properties listed for sale, and 61 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Chippendale.

Suburb Insights for Chippendale 2008

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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.