SOLD
Sold on 05 Jan 2024 for $1,500,000

12 Norton Street
Leichhardt NSW 2040

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 240m2
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Property Details for 12 Norton St, Leichhardt

Building Type
Commercial
Floor Size
200m2
Land Size
240m2
Local Government
Inner West
Lot/Plan
95/DP1065400

Last Listing description (October 2021)

Superbly located in popular Norton Street, this underdeveloped property sits among giants. Subject to development approval for a multi storey mix of commercial shops and residential apartments, it lends itself for retaining as is, or for future development subject to re-zoning in the near future.

Currently siting on approx. 240sqm, this raw opportunity currently has 2 shop fronts facing on Norton Street and a large 3 bedroom residence above.

Property History for 12 Norton St, Leichhardt, NSW 2040

A timeline of how this property has performed in the market
Last Sold
$1,500,000
05 Jan 2024
Listed for Rent
$17/w
07 Jul 2009
  • 05 Jan 2024
    Sold for $1,500,000
  • 08 Oct 2021
    Sold for $1,400,000
  • 02 Nov 2020
    Listed for Sale ON HOLD
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About Leichhardt 2040

The size of Leichhardt is approximately 2.6 square kilometres. It has 16 parks covering nearly 6.6% of total area. The population of Leichhardt in 2011 was 13,519 people. By 2016 the population was 14,608 showing a population growth of 8.1% in the area during that time. The predominant age group in Leichhardt is 30-39 years. Households in Leichhardt are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Leichhardt work in a professional occupation. In 2011, 57.8% of the homes in Leichhardt were owner-occupied compared with 57.6% in 2016.

Leichhardt has 8,671 properties. Over the last 5 years, Houses in Leichhardt have seen a 38.83% increase in median value, while Units have seen a 30.50% increase. As at 31 October 2024:

  • The median value for Houses in Leichhardt is $2,077,732 while the median value for Units is $1,091,523.
  • Houses have a median rent of $920 while Units have a median rent of $738.
There are currently 33 properties listed for sale, and 43 properties listed for rent in Leichhardt on OnTheHouse. According to CoreLogic's data, 435 properties were sold in the past 12 months in Leichhardt.

Suburb Insights for Leichhardt 2040

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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.