OFF MARKET

15/55 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Land area: 1798m2
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Property Details for 15/55 King St, Newtown

15/55 King St, Newtown is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 1798m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
Unit
Year Built
1999
Floor Size
40m2
Land Size
1798m2
Local Government
Sydney
Lot/Plan
34/SP61354

Last Listing description (January 2024)

Stylish and well-appointed throughout by its owner occupier for more than 6 years, this smart executive apartment provides an ultra-convenient city base. It is situated within the quality Rubicon security complex in the heart of Newtown's vibrant cafe and dining precinct and offers an exceptional lifestyle with quality finishes, good natural light and a great sense of privacy.

The apartment is perfect as a work from home base for singles or couples who desire easy access to the city, and the convenience of local shopping and parks including nearby Hollis Park.

The property:
* Modern galley style kitchen with gas cooking and dishwasher
* Bright open plan living/dining with split system air-conditioning
* Loggia style covered balcony with timber shutters
* Spacious double bedroom with built-in wardrobe
* Large modern bathroom
* Internal laundry with dryer
* Timber floors throughout, carpeted bedroom
* Secure complex with intercom entry and lift access
* Buses, shops and cafes at your doorstep
* Only moments to Macdonaldtown train station

The details:
Available 9th February 2024.
12 month lease term
This property is not pet friendly

The neighbourhood:
Bohemian by nature, Newtown is a neighbourhood that thrives on the fringe. Eclectic and artsy with elements of grit, Newtown has established a name for itself on the local and international art and theatre scene. The focal point is King Street, which is both a foodie's destination and a place to nab a quirky find. From the main hub to the narrow backstreets, Newtown likes to push the boundaries. (Source - sitchu.com.au)

The inspection:

Patricia Katrakilis | 0414 682 881
Raine&Horne Newtown
rhnewtown.com.au | 8596 3555

Property History for 15/55 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$520,000
19 Aug 2015
Listed for Rent
$550/w
16 Jan 2024
  • 16 Jan 2024
    Listed for Rent $550 / week
  • 15 Jul 2021
    Listed for Rent $430 / week
  • 19 Aug 2015
    Sold for $520,000
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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 9,305 properties. Over the last 5 years, Houses in Newtown have seen a 37.40% increase in median value, while Units have seen a 24.85% increase. As at 31 October 2024:

  • The median value for Houses in Newtown is $1,918,799 while the median value for Units is $905,213.
  • Houses have a median rent of $900 while Units have a median rent of $625.
There are currently 34 properties listed for sale, and 46 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 325 properties were sold in the past 12 months in Newtown.

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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.