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Sold on 11 Oct 2024 for $2,580,000

6/29 Margaret Street
Fairlight NSW 2094

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 616m2
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Stone Manly
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Property Details for 6/29 Margaret St, Fairlight

6/29 Margaret St, Fairlight is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 616m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Fairlight in the last 12 months.

Building Type
Unit
Year Built
1968
Floor Size
70m2
Land Size
616m2
Local Government
Northern Beaches
Lot/Plan
6/SP3463

Last Listing description (October 2024)

Crowning the entire top floor of a boutique security building of six with a spectacular sun-drenched entertainers' terrace and knockout harbour views through Sydney Heads, this could well be the coolest and most affordable little penthouse in the area. Refreshingly spacious with windows on all four sides capturing natural light, northern sunshine and soothing summer sea breezes, it's perfectly positioned within an easy stroll of harbour beaches, Fairlight Village, Manly Wharf and Manly's pulsating dining and social scene.

- Move straight in and refresh or renovate (STCA) and create something spectacular
- Breathtaking harbour views to Eastern Suburbs and the ocean via Sydney Heads

- Views take in the ocean and St Patrick's plus Reef Beach and North Harbour
- Scene-stealing sun-soaked expansive entertainers' terrace with panoramic views
- Bright open living/dining with a sunny north aspect and stunning harbour views
- Easy flow to the main terrace and a covered north terrace with water views
- Tidy gas kitchen/dishwasher, modernised bathroom, high ceilings, newly painted
- Large bedrooms with built-ins and fabulous views, main opens to a balcony
- Share laundry with a designated washing machine bay and private sink
- Set amid the beautifully manicured lawn and floral gardens of 'Beaconsfield'
- Immaculate full brick building, single lock-up garage, 228.5sqm on title
- 250m to Fairlight Village, 450m to Fairlight Beach and 800m to Manly Wharf

Council rates: $1,699pa approx.
Water rates: $692pa approx.
Strata levies: $1,993pq approx.

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Property History for 6/29 Margaret St, Fairlight, NSW 2094

A timeline of how this property has performed in the market
Last Sold
$2,580,000
11 Oct 2024
  • 11 Oct 2024
    Sold for $2,580,000
  • 19 Sep 2024
    Listed for Sale $2,580,000
  • 31 Mar 1989
    Sold for $363,000

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About Fairlight 2094

The size of Fairlight is approximately 1.2 square kilometres. It has 6 parks covering nearly 24.3% of total area. The population of Fairlight in 2011 was 5,489 people. By 2016 the population was 5,821 showing a population growth of 6.0% in the area during that time. The predominant age group in Fairlight is 30-39 years. Households in Fairlight are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fairlight work in a professional occupation. In 2011, 62.4% of the homes in Fairlight were owner-occupied compared with 64.2% in 2016.

Fairlight has 3,140 properties. Over the last 5 years, Houses in Fairlight have seen a 56.79% increase in median value, while Units have seen a 32.78% increase. As at 30 September 2024:

  • The median value for Houses in Fairlight is $3,668,789 while the median value for Units is $1,775,381.
  • Houses have a median rent of $1,398 while Units have a median rent of $925.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Fairlight on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Fairlight.

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