OFF MARKET

1/123 King Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 16 Dec 2024
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Property Details for 1/123 King St, Newtown

1/123 King St, Newtown is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Sydney

Last Listing description (January 2022)

Set in the heart of bustling Newtown, this spacious apartment above a shop offers privacy and convenience.

The property:
* Two double bedrooms

* Open plan kitchen and living area
* Air conditioners to both bedrooms and living room
* High ceilings
* Water usage is payable
* No parking permit available from council
* Enter via Longdown Street

The details:
* Available 16th April, 2021
* 12 month lease term

The neighbourhood:
Newtown is jam packed with specialist and wide ranging shops, wine bars, vibrant hotels, restaurants and cafes along King Street and many more tucked away in the surrounding back streets. There are also live bands, the Dendy multiplex cinema and live theatre venues all within footsteps of each other. RPA hospital is also only moments away. Newtown train station is just three stops to Central and also accesses the western suburbs plus there are frequent bus services along King Street.

The inspection:
Due to the evolving COVID-19 pandemic, our priority is the safety and well-being of our clients, staff, and the general public. At all inspections, please:
* Maintain at least 1.5m distance
* Avoid touching surfaces
* Wash your hands before entering

Please do not book an inspection if:
* You are, or have been unwell with cold or flu like symptoms
* You have travelled overseas in the last 14 days
* You have been in contact with any suspected or confirmed cases of COVID-19

Kobe Kan | 0414 682 881
Raine&Horne Newtown
rh.com.au/newtown | 8596 3555

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Property History for 1/123 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Listed for Rent
$455/w
24 Mar 2021
  • 22 Mar 2021
    Listed for Rent $455 / week

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About Newtown 2042

The size of Newtown is approximately 1.6 square kilometres. It has 18 parks covering nearly 3.7% of total area. The population of Newtown in 2011 was 14,148 people. By 2016 the population was 15,009 showing a population growth of 6.1% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 41.2% of the homes in Newtown were owner-occupied compared with 38.5% in 2016.

Newtown has 9,415 properties. Over the last 5 years, Houses in Newtown have seen a 32.27% increase in median value, while Units have seen a 24.46% increase. As at 30 November 2024:

  • The median value for Houses in Newtown is $1,931,870 while the median value for Units is $908,993.
  • Houses have a median rent of $900 while Units have a median rent of $640.
There are currently 13 properties listed for sale, and 45 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Newtown.

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