OFF MARKET

11/503-511 King Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 87m2
Land area: 1054m2
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Property Details for 11/503-511 King St, Newtown

11/503-511 King St, Newtown is a 2 bedroom, 1 bathroom Unit and was built in 1997. The property has a land size of 1054m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
1997
Floor Size
87m2
Land Size
1054m2
Local Government
Inner West
Lot/Plan
11/SP56115

Last Listing description (September 2021)

Located in the well maintained Kingsgate complex, this smartly presented security apartment in a tucked away location is an ideal urban retreat complemented by a position that's at the centre of all the attractions that make Newtown such a sought-after destination.

Generous combined lounge and dining area

New carpet and light fittings throughout
Large garden facing balcony
Double sized bedrooms, main with built in robe
Modern kitchen and good quality appliances
Security car space and intercom entrance
Internal laundry with ample storage
Footsteps to cafes, dining and train station

DEPOSIT TAKEN

Property History for 11/503-511 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$650,000
26 Feb 2016
Listed for Rent
$470/w
20 Sep 2021
  • 12 Jul 2021
    Listed for Rent $470 / week
  • 01 Feb 2019
    Listed for Rent $600 / week
  • 11 Jan 2018
    Listed for Rent - Price not available
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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.

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.