2/503-511 King StreetNewtown NSW 2042
Property Details for 2/503-511 King St, Newtown
2/503-511 King St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 1054m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (December 2023)
Centrally located yet impressively quiet, this well maintained lifestyle apartment enjoys direct access to buses, cafes, restaurants, shops and all that Newtown has to offer. The residence offers a split-level layout with good proportions and three balconies. It's set in a secure complex with a central garden court; an easy stroll to both St Peters Station and Newtown Station.
Interiors capture plenty of morning sunlight and the main bedroom enjoys far reaching views reaching over the treetops to the cityscape, including Centrepoint. There are Brand New Built-in Wardrobe in both bedrooms and new stove as well. The large open living and dining space flows through sliding glass doors to a covered entertaining terrace and both of the sizeable upper level bedrooms open to their own balconies.
The full main bathroom provides a separate bath and shower, while a separate dedicated internal laundry adjoins the well-kept, user-friendly kitchen. Complete with a secure undercover car space.
Property History for 2/503-511 King St, Newtown, NSW 2042
- 06 Dec 2023Listed for Rent $770 / week
- 20 Sep 2022Listed for Rent $700 / week
- 13 May 2022Sold for $790,000
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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 9,415 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.
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