25/71-73 Alice St, Newtown is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Newtown in the last 12 months.
It's hard to imagine a more appealing first home buyer opportunity that is similarly attractive as an investment than this freshly presented two-bedroom apartment. Set in an address defined by outstanding lifestyle attractions with King Street cafes, Sydney Park, and St Peters trains close by, it offers the utmost convenience and an accessible low-maintenance property.
Interiors have been tastefully refreshed and provide a user-friendly and functional floorplan with elevated urban outlooks. The brand new eat-in kitchen includes laundry facilities, plus there is an upgraded full bathroom and two good-sized bedrooms, including a main with a large built-in wardrobe. In addition, there is a private balcony and an 18 sqm lock-up garage with storage space.
This is an ideal start for first-home buyers or a savvy investment opportunity; the apartment is quietly set towards the rear of a well-maintained security complex. Nothing needs to be done except for buyers to move in and enjoy this fabulous Newtown location.
• NB: This is the floorplan of Unit 5 in the building; however, unit 25 is very similar as it is 2 floors directly above this unit.
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:
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