OFF MARKET

5/24 Addison Street
Kensington NSW 2033

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 101m2
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Property Details for 5/24 Addison St, Kensington

5/24 Addison St, Kensington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 101m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1970
Floor Size
68m2
Land Size
101m2
Local Government
Randwick
Lot/Plan
5/SP4636

Last Listing description (January 2021)

A sunny north aspect and elevated district views deliver a superb sense of light, space and privacy in this oversized boutique apartment in a fantastic setting on the edge of the university precinct and just 400m to the light rail for quick and easy access to the city. Set on the top floor of Annette Court, the two-bedroom apartment is wrapped in windows on three sides with a large entertainer's balcony, a lock-up garage and private laundry room on title. Retain as a sound investment in an area of ever-strong rental demand or capitalise on its prime aspect, fantastic outlook and generous proportions and add value with a cosmetic revamp.

One of nine in a full brick security block, the top floor apartment features two double bedrooms with built-in robes; full bathroom with a separate bath and shower; sun-filled living and dining; wraparound north facing balcony with sweeping district views and a private open outlook; modern kitchen with breakfast bar; large windows maximising natural light and cross-flow; lock-up garage; and private laundry room. Walk to Kensington village eateries, Royal Randwick Racecourse and Centennial Park.

Property History for 5/24 Addison St, Kensington, NSW 2033

A timeline of how this property has performed in the market
Last Sold
$845,000
17 Jul 2020
Listed for Rent
$500/w
25 Aug 2020
  • 17 Jul 2020
    Sold for $845,000
  • 30 Jun 2020
    Listed for Sale Auction: Price On Application
  • 14 Aug 2019
    Listed for Rent $560 / 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 6,007 properties. Over the last 5 years, Houses in Kensington have seen a 57.80% increase in median value, while Units have seen a 22.14% increase. As at 31 October 2024:

  • The median value for Houses in Kensington is $3,718,543 while the median value for Units is $1,071,571.
  • Houses have a median rent of $800 while Units have a median rent of $790.
There are currently 21 properties listed for sale, and 33 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Kensington.

Suburb Insights for Kensington 2033

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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.