OFF MARKET

28 Margaret Street
Newtown NSW 2042

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 101m2
Land area: 142m2
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Property Details for 28 Margaret St, Newtown

28 Margaret St, Newtown is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 142m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Year Built
1900
Floor Size
101m2
Land Size
142m2
Local Government
Inner West
Lot/Plan
B/DP435974

Last Listing description (November 2016)

Property website: www.28margaretstreet.com
An excellent location in the heart of Newtown gives this two-level terrace enormous lifestyle appeal. Creative buyers will immediately recognise the excellent value that accompanies this outstanding renovation opportunity that is situated within a short stroll to King Street s host of cafes, dining and transport options.
The interiors are tired and worn out and definitely in need of an upgrade or complete overhaul. The generous floorplan includes a large lounge and dining space, a gas kitchen and a third bedroom that lies beyond the bathroom. Upstairs bedrooms include one with access to a front balcony plus there is roof space that could be used for storage. At the rear is a good sized, yet overgrown backyard that includes a paved area and external laundry.

First time buyers, renovators and investors will be impressed by this property s superb position and endless promise to update, redesign and capitalise on such a prime position.

Property History for 28 Margaret St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$1,235,000
15 Oct 2016
  • 15 Oct 2016
    Sold for $1,235,000
  • 22 Sep 2016
    Listed for Sale Auction - Contact Agent

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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.
There are currently 34 properties listed for sale, and 45 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 323 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.