8/1 Margaret StreetFairlight NSW 2094
Property Details for 8/1 Margaret St, Fairlight
8/1 Margaret St, Fairlight is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 82m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Last Listing description (February 2019)
SOLD prior to Auction.
Directly opposite the foreshores of Sydney Harbour, with Delwood Beach, Fairlight Rockpool and the picturesque harbour promenade at your door, this freshly renovated 2 bedroom strata apartment is both smart and practical whilst taking in stunning views of Sydney Harbour.
Part of a small boutique block of 12, this bright and airy first floor retreat also has a large lock-up storage space and is just a short stroll from Manly's ferry terminal and its thriving caf precinct.
In an extremely sought-after location, with a surprisingly affordable price tag, you can literally move straight in with not a cent left to spend.
Alternatively, you can rent it out to a Corporate tenant for a very handsome income.... Either way, the benefits are endless!
Council Rates: $1,364 pa
Water Rates: $692 pa
Strata Levies: $583 pq
Property History for 8/1 Margaret St, Fairlight, NSW 2094
- 15 Feb 2019Sold for $900,000
- 07 Dec 2018Listed for Sale Not Disclosed
- 16 Aug 2012Sold for $551,000
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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 3,148 properties. Over the last 5 years, Houses in Fairlight have seen a 48.95% increase in median value, while Units have seen a 34.54% increase. As at 31 October 2024:
- The median value for Houses in Fairlight is $3,601,259 while the median value for Units is $1,796,324.
- Houses have a median rent of $1,500 while Units have a median rent of $900.
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