SOLD
Sold on 04 May 2024 for $1,100,000

2/20 Somerset Street
Mosman NSW 2088

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 879m2
Sold By
BresicWhitney Inner East
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Property Details for 2/20 Somerset St, Mosman

2/20 Somerset St, Mosman is a 2 bedroom, 1 bathroom Unit and was built in 1962. The property has a land size of 879m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Mosman in the last 12 months.

Building Type
Unit
Year Built
1962
Floor Size
70m2
Land Size
879m2
Local Government
Mosman
Lot/Plan
2/SP198

Last Listing description (November 2024)

Auction Location: On site

A blank canvas ready to renovate, these striking Mid-Century elements would shine with a full refurbishment. In a beautifully preserved building, it makes a compelling starting point with floor-to-ceiling glass, bright/green outlooks, and views to Sydney Harbour Bridge. In the best NW-facing corner of a small block of just 8 homes, step into an ultra-convenient address, seconds to Mosman Village life with its boutiques, cafes and restaurants, along with the popular Avenue Road shops as your local. A 10-minute walk to the ferry at Mosman Bay Wharf. Council $1,180 p.a. Water $686 p.a. Strata $510 p.q.

Highlights

* Mid Century shell, in need of full refurb
* NW-facing corner home in classic building
* Expansive living/dining + separate kitchen
* Sliding doors to the leafy balcony setting
* Treetop setting, views to Harbour Bridge
* Great north light & natural air throughout
* Walk to Mosman Village, Avenue Rd shops
* Exclusive Use parking & storage room
* Free Strata Report available at bw.com.au

Property History for 2/20 Somerset St, Mosman, NSW 2088

A timeline of how this property has performed in the market
Last Sold
$1,100,000
04 May 2024
  • 04 May 2024
    Sold for $1,100,000
  • 16 Apr 2024
    Listed for Sale Not Disclosed
  • 26 Feb 2024
    Sold
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About Mosman 2088

The size of Mosman is approximately 8.7 square kilometres. It has 45 parks covering nearly 29.6% of total area. The population of Mosman in 2011 was 27,452 people. By 2016 the population was 28,491 showing a population growth of 3.8% in the area during that time. The predominant age group in Mosman is 40-49 years. Households in Mosman are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mosman work in a professional occupation. In 2011, 63% of the homes in Mosman were owner-occupied compared with 62.8% in 2016.

Mosman has 15,914 properties. Over the last 5 years, Houses in Mosman have seen a 49.58% increase in median value, while Units have seen a 28.02% increase. As at 31 October 2024:

  • The median value for Houses in Mosman is $5,727,238 while the median value for Units is $1,467,886.
  • Houses have a median rent of $1,750 while Units have a median rent of $750.
There are currently 68 properties listed for sale, and 74 properties listed for rent in Mosman on OnTheHouse. According to CoreLogic's data, 622 properties were sold in the past 12 months in Mosman.

Suburb Insights for Mosman 2088

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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.