SOLD
Sold on 11 Jun 2024 - Price Unavailable

1/17 Erskineville Road
Newtown NSW 2042

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 727m2
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Property Details for 1/17 Erskineville Rd, Newtown

Building Type
Commercial
Land Size
727m2
Local Government
Sydney
Lot/Plan
4/SP95513

Last Listing description (January 2024)

Oxford Agency are proud to present this opportunity to purchase 2 shops leased separately, to be sold in one-line.
Leased to long term secure operators - Erskineville Doctors and Healthspace Clinics
_ 239sqm + 2 carspaces

_ Secure leased investments to established medical operators
_ $200,000 + GST per annum approx rental
_ Low maintenance block with low outgoings
_ Adjacent to Woolworths Metro
_ 2 shops to be sold in one line

Situated 200m to King Street, and moments to Erskineville Station and Newtown Station

Property History for 1/17 Erskineville Rd, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
11 Jun 2024
  • 11 Jun 2024
    Sold
  • 19 Jan 2024
    Listed for Sale Contact Agent
  • 04 Jul 2023
    Listed for Sale Over $3,500,000

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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 9,417 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 16 properties listed for sale, and 47 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 2042

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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.