176 Edgeware RoadNewtown NSW 2042
Property Details for 176 Edgeware Rd, Newtown
176 Edgeware Rd, Newtown is a 0 bedroom, 0 bathroom House. The property has a land size of 274m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (April 2021)
Fabulous 4 by One Bedroom Units - Sold in one line
Steve Kremisis from Richardson & Wrench Newtown is pleased to present 176 Edgeware rd Newtown for sale-by auction ideally positioned close to Newtown Train Station, Marrickville shopping centre and TAFE NSW investment is a secure asset in one of Sydney's trendiest enclaves.
4 x 1 bedroom apartments with unobstructed northerly aspect
Brand New Bathroom, Internal laundry
Modern fully-equipped kitchen
Separate study area ideal for home office use
Supremely positioned asset in the heart of Newtown
Secure two story freehold building
Approx. 276 sqm* of lettable area: * of residential
Estimated fully leased gross income of approx. $100,000per annum*
Opportunity to strata and sell down individually also. As well as increase height (S.T.C.A)
Rates: Council $925pq approx, Water $715pq approx
Property History for 176 Edgeware Rd, Newtown, NSW 2042
- 16 Apr 2021Sold for $2,600,000
- 01 Apr 2021Listed for Sale Auction in rooms
- 25 Jun 2015Sold for $2,100,000
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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 9,306 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.
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