OFF MARKET

23/503-511 King Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 1054m2
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Property Details for 23/503-511 King St, Newtown

23/503-511 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 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1997
Floor Size
69m2
Land Size
1054m2
Local Government
Inner West
Lot/Plan
23/SP56115

Last Listing description (December 2022)

Located at the quieter south end of King Street, just 500m from Sydney Park, this excellent two-bedroom apartment enjoys top floor positioning in a well-maintained security building with all essentials at the door. Interiors combine a fresh design featuring generous open living space with a modern kitchen and bathroom, good-sized bedrooms, an internal laundry, and multiple balconies to provide the perfect opportunity for owner-occupiers and investors alike. Footsteps to cafes, restaurants, shopping and transport options, the apartment makes a great lifestyle choice in a vibrant pocket on the fringe of the city.

Spacious combined living and dining opens to a semi-enclosed balcony

Open kitchen featuring s/steel appliances and abundance of storage
Two bedrooms each with a Juliette balcony plus built-in robes in the main
Bathroom including bath, internal laundry, and a secure parking space
Within 10mins walk of Newtown/St Peters rail and Marrickville Metro
Proximity to RPA Hospital, Sydney Uni, and Broadway Shopping Centre

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Property History for 23/503-511 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$780,000
07 Oct 2022
Listed for Rent
$570/w
04 Jul 2019
  • 07 Oct 2022
    Sold for $780,000
  • 14 Sep 2022
    Listed for Sale Not Disclosed
  • 24 May 2019
    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 9,415 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.
There are currently 13 properties listed for sale, and 45 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Newtown.

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