OFF MARKET

22/55 King Street
Newtown NSW 2042

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 39m2
Land area: 1798m2
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Last updated 30 Sep 2024
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Property Details for 22/55 King St, Newtown

22/55 King St, Newtown is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 1798m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1999
Floor Size
39m2
Land Size
1798m2
Local Government
Sydney
Lot/Plan
36/SP61354

Last Listing description (February 2021)

Quite possibly the perfect initial approach to property ownership, certainly a success as an investment prospect, this light filled apartment provides a well-appointed home with fresh modern interiors with quality finishes throughout. The lifestyle appeal being within footsteps to Newtown's host of attractions, RPA hospital and Sydney Uni makes it a hot property offering. Set in the highly desirable Rubicon security complex, it offers an immediate income stream or future scope to enjoy a superb north Newtown location.

- Contemporary gas kitchen with stone tops
- Light and airy open living space with polished concrete floors
- High angled ceilings and private balcony with shutters
- Spacious bedroom with a built in wardrobe
- Stylish bathroom plus internal laundry and storage
- Secure undercover car space
- Secure complex with intercom and lift access
- Buses, shops and cafes at the doorstep

Property History for 22/55 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$567,000
28 Nov 2020
  • 28 Nov 2020
    Sold for $567,000
  • 16 Nov 2020
    Listed for Sale UNDER OFFER
  • 05 Dec 2014
    Sold for $530,000
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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 9,388 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.
There are currently 26 properties listed for sale, and 59 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 361 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.