SOLD
Sold on 01 Mar 2024 for $3,400,000

164 Australia Street
Newtown NSW 2042

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Floor area: 106m2
Land area: 255m2
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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.

Building Type
House
Year Built
1900
Floor Size
106m2
Land Size
255m2
Local Government
Inner West
Lot/Plan
20/DP73376

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

A timeline of how this property has performed in the market
Last Sold
$3,400,000
01 Mar 2024
Listed for Rent
$330/w
27 Nov 2018
  • 01 Mar 2024
    Sold for $3,400,000
  • 30 Jan 2024
    Listed for Sale SOLD | $3,400,000
  • 27 Nov 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 9,315 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 42 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 330 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 2042

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Kellys Property - Newtown
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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.