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Sold on 03 Dec 2024 for $1,050,000

1/238 Palmer Street
Darlinghurst NSW 2010

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 1436m2
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Property Details for 1/238 Palmer St, Darlinghurst

1/238 Palmer St, Darlinghurst is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 1436m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Unit sold in Darlinghurst in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
88m2
Land Size
1436m2
Local Government
Sydney
Lot/Plan
23/SP63792

Last Listing description (December 2024)

Experience terrace-style living in this beautifully presented 1-bedroom apartment, part of the exclusive 'Republic 1' development by BKH Architects. Situated on the edge of Kings Lane, you'll be at the epicentre of Darlinghurst, surrounded by cafes, boutiques, and acclaimed dining options.

This exceptional residence boasts a sophisticated design and generous outdoor spaces on both levels, providing the perfect balance of comfort and entertainment. Open-plan living/dining areas and three balconies, ideal for enjoying entertaining.

- Spacious 1-bedroom apartment with modern finishes and oversized ambiance

- Incredible indoor-outdoor flow with private outdoor spaces on two levels
- Well-appointed contemporary kitchen with stainless steel appliances and dishwasher
- Bright interiors featuring wall-to-wall glazing,
- High shadow line ceilings, timber floorboards downstairs and plush carpets upstairs
- Split air-conditioning and natural cross ventilation
- Generous ensuite bathroom with large shower and internal laundry
- Large master bedroom with built-in robes, balcony access
- Easy access to Hyde Park and the CBD

This apartment is a rare find, perfectly positioned in the suburb's cultural heartland. It's ideal for first-time homebuyers or investors seeking a sophisticated lifestyle in one of Sydney's most vibrant neighbourhoods.

OUTGOINGS APPROX

Strata: $1515.95pq
Council: $1016.00pa
Water: $719.60pa

Property History for 1/238 Palmer St, Darlinghurst, NSW 2010

A timeline of how this property has performed in the market
Last Sold
$1,050,000
03 Dec 2024
Listed for Rent
16 Aug 2023
  • 03 Dec 2024
    Sold for $1,050,000
  • 13 Nov 2024
    Listed for Rent $900 / week
  • 28 Sep 2024
    Listed for Sale For Sale $1,100,000
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About Darlinghurst 2010

The size of Darlinghurst is approximately 0.9 square kilometres. It has 10 parks covering nearly 2.1% of total area. The population of Darlinghurst in 2011 was 10,060 people. By 2016 the population was 11,325 showing a population growth of 12.6% in the area during that time. The predominant age group in Darlinghurst is 30-39 years. Households in Darlinghurst are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Darlinghurst work in a professional occupation. In 2011, 37.7% of the homes in Darlinghurst were owner-occupied compared with 36.3% in 2016.

Darlinghurst has 9,535 properties. Over the last 5 years, Houses in Darlinghurst have seen a 26.58% increase in median value, while Units have seen a 15.70% increase. As at 30 November 2024:

  • The median value for Houses in Darlinghurst is $2,565,402 while the median value for Units is $1,136,646.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 28 properties listed for sale, and 45 properties listed for rent in Darlinghurst on OnTheHouse. According to CoreLogic's data, 325 properties were sold in the past 12 months in Darlinghurst.

Suburb Insights for Darlinghurst 2010

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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.