SOLD
Sold on 12 Jul 2024 for $1,150,000

17/1-7 Gloucester Place
Kensington NSW 2033

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 111m2
Sold By
Richardson & Wrench Elizabeth Bay Potts Point
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Property Details for 17/1-7 Gloucester Pl, Kensington

17/1-7 Gloucester Pl, Kensington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 111m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Kensington in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
90m2
Land Size
111m2
Local Government
Randwick
Lot/Plan
17/SP61295

Last Listing description (July 2024)

Whisper quite elevated top floor position in the "Park Place" building of the Gloucester Gardens security complex, this duel aspect East / West facing apartment looks east over Wills Reserve Park & playground & west over the common resort style pool area with district views. Superbly located within walking distance to NSW University, Kensington Light Rail, Royal Randwick Racecourse, East Village Shopping Centre, Centennial Park & The Prince of Wales Hospital. Ready for a first home buyer, downsizer, investor or "pied-a-terre".

- Good natural light, cross flow ventilation
- Huge open plan lounge, dining, kitchen

- Balcony off lounge looking over the park
- Peacefully quite, only one common wall
- Large granite top kitchen with d/washer
- Balcony off 2nd bedroom with pool views
- Main bedroom has room for a study
- Both bedrooms have built-in robes
- Bathroom has separate shower & bathtub
- Separate water closet toilet & vanity
- Internal laundry, wash tub & dryer
- Security basement lock-up garage
- Common resort style pool & deck area
- Ample off street security visitor parking
- Access to Wills Reserve kids playground

Size: 96sqm + 15sqm Lock-up garage
Strata Levies: $1,329pq
Council Rates: $416pq
Water Rates: $178pq
Market Rental: $850pw

Property History for 17/1-7 Gloucester Pl, Kensington, NSW 2033

A timeline of how this property has performed in the market
Last Sold
$1,150,000
12 Jul 2024
Listed for Rent
$550/w
07 Jan 2021
  • 12 Jul 2024
    Sold for $1,150,000
  • 04 Jul 2024
    Listed for Sale Sold $1,150,000
  • 04 Dec 2020
    Listed for Rent $550 / week
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About Kensington 2033

The size of Kensington is approximately 2.7 square kilometres. It has 21 parks covering nearly 28.4% of total area. The population of Kensington in 2011 was 12,776 people. By 2016 the population was 14,993 showing a population growth of 17.4% in the area during that time. The predominant age group in Kensington is 20-29 years. Households in Kensington are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kensington work in a professional occupation. In 2011, 45.2% of the homes in Kensington were owner-occupied compared with 38.9% in 2016.

Kensington has 6,067 properties. Over the last 5 years, Houses in Kensington have seen a 54.15% increase in median value, while Units have seen a 27.39% increase. As at 31 July 2024:

  • The median value for Houses in Kensington is $3,654,246 while the median value for Units is $1,045,282.
  • Houses have a median rent of $1,025 while Units have a median rent of $780.
There are currently 24 properties listed for sale, and 29 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Kensington.

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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.