164 Australia StreetNewtown NSW 2042
Property Details for 164 Australia St, Newtown
164 Australia St, Newtown is a 3 bedroom, 3 bathroom House and was built in 1900. The property has a land size of 255m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Newtown in the last 12 months.
Last Listing description (May 2024)
Welcome to your next lucrative venture nestled in the vibrant heart of Newtown. This prime real estate gem boasts a generous 252sqm block with a desirable 10-meter frontage, offering endless possibilities for investors, builders or homeowners.
Positioned right on Camperdown Memorial Park, this is a benefit that very few enjoy in the area. You are moments from Newtown's famous King St with it's eateries and shops as well as Newtown Train Station, Sydney University and RPA hospital.
Currently a house divided into three separate units generating $1,400 per week, this property presents an immediate income stream as you make your plans to develop the block.
With potential to redevelop into a spacious family home or explore the option of a duplex (STCA), the opportunities are vast.
Land Size: 252 sqm
Water Rates: $495 pq
Council Rates: $640 pq
Figures are approximate only.
Property History for 164 Australia St, Newtown, NSW 2042
- 01 Mar 2024Sold for $3,400,000
- 30 Jan 2024Listed for Sale SOLD | $3,400,000
- 27 Nov 2018Listed for Rent - Price not available
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0About 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 9,388 properties. Over the last 5 years, Houses in Newtown have seen a 43.18% increase in median value, while Units have seen a 19.84% increase. As at 31 August 2024:
- The median value for Houses in Newtown is $1,901,744 while the median value for Units is $867,182.
- Houses have a median rent of $900 while Units have a median rent of $620.
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