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Sold on 01 Nov 2024 - Price Unavailable

512/70 Macdonald Street
Erskineville NSW 2043

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 512/70 Macdonald St, Erskineville

512/70 Macdonald St, Erskineville is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Erskineville in the last 12 months.

Building Type
Apartment

Last Listing description (November 2024)

Set on the 5th floor of the highly regarded ERKO complex, this spacious one-bedroom apartment delivers an outstanding opportunity for owner-occupiers and investors within a popular village community. Sleek and stylish with premium quality finishes, it reveals a spacious combined living/dining area with floor-to-ceiling glass doors opening to an undercover sunlit balcony. There is a modern stone kitchen with Smeg gas appliances, while the bedroom is well-sized and appointed with a mirrored built-in wardrobe. Further highlights include a chic fully-tiled bathroom, an internal laundry, ducted air conditioning and plentiful internal storage. The residence is currently leased until April 2025 and with a significant rental return of $720 per week. With convenient level lift access, it is located a five-minute walk to Erskineville Station, village shops and cafés, while minutes to Sydney Park, Newtown's vibrant King Street and boasting rapid access to the CBD.

• Sleek contemporary design with open living/dining
• Modern stone kitchen, Smeg gas cooktop, dishwasher

• Sliding glass doors open to covered sunlit balcony
• Well-proportioned bedroom appointed with built-in robe
• Fully-tiled bathroom, internal laundry, plentiful storage
• Ducted air conditioning, carpeted throughout
• Excellent investment opportunity in ultra-central locale
• Leased till April 2025, return of $720 per week
• Well-maintained security building with level lift access
• 5-min walk to Erskineville Station, shops, cafés
• 10-minute walk to Sydney Park, Erskinevile Oval
• Easy access to Newtown's King Street and the CBD

Apartment 54sqm
Storage 2sqm

Strata $1,107pq approx.
Water $180pq approx.
Council $308pq approx.

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Property History for 512/70 Macdonald St, Erskineville, NSW 2043

A timeline of how this property has performed in the market
Last Sold
01 Nov 2024
Listed for Rent
28 Mar 2024
  • 01 Nov 2024
    Sold
  • 15 Oct 2024
    Listed for Sale Under Contract
  • 14 Mar 2024
    Listed for Rent $720 / week
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About Erskineville 2043

The size of Erskineville is approximately 0.8 square kilometres. It has 11 parks covering nearly 9.5% of total area. The population of Erskineville in 2011 was 6,847 people. By 2016 the population was 8,021 showing a population growth of 17.1% in the area during that time. The predominant age group in Erskineville is 30-39 years. Households in Erskineville are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Erskineville work in a professional occupation. In 2011, 47% of the homes in Erskineville were owner-occupied compared with 47.1% in 2016.

Erskineville has 6,260 properties. Over the last 5 years, Houses in Erskineville have seen a 31.68% increase in median value, while Units have seen a 20.46% increase. As at 30 November 2024:

  • The median value for Houses in Erskineville is $1,905,797 while the median value for Units is $1,082,056.
  • Houses have a median rent of $900 while Units have a median rent of $800.
There are currently 18 properties listed for sale, and 25 properties listed for rent in Erskineville on OnTheHouse. According to CoreLogic's data, 298 properties were sold in the past 12 months in Erskineville.

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