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Sold on 03 Aug 2024 for $488,000

311/88 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 46m2
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Property Details for 311/88 King St, Newtown

311/88 King St, Newtown is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in Newtown in the last 12 months.

Building Type
Apartment
Floor Size
46m2

Last Listing description (August 2024)

A superior starter, City pad or high-yield investment, this over-sized studio in "Georgina Apartments" offers stylish low maintenance living with City views and resort facilities at the heart of Newtown's buzzing village lifestyle. Set on the third floor of this landmark warehouse conversion, the approx. 46sqm apartment has a New York loft vibe with its original beams, soaring ceilings, designer finishes and City view balcony. This well-maintained hotel-style building emanates a sense of quiet quality with security entry, lifts, expansive outdoor pool and barbeque area plus the benefit of a building manager on site. With shops, eateries and transport at the doorstep, this urban retreat is moments to Sydney Uni, Newtown's renowned dining, café culture, entertainment and eclectic boutiques, a short walk to RPA Hospital and Carriageworks arts precinct and minutes to the City.

- East-facing 46sqm studio with views to City skyline
- Clever layout maximises space separation & usability

- Timber kitchen with electric cooktop & meals bench
- Light-filled living with patio doors to covered balcony
- Separate bedroom area with built-ins, ducted A/C
- Sleek fully-tiled bathroom with bath and laundry
- Outdoor pool with pool deck and barbeque area
- City, Bondi Junction & Inner West buses at doorstep
- Hub of Inner West arts, entertainment and dining
- Convenient to Eveleigh tech precinct & Sydney Uni
- Mins walk to medical precinct and RPA Hospital
- Secure and stylish lock-up & leave home or City pad
- High-yield approx. $450PW rental with broad appeal
- Rates: Water $179pq, Council $255pq (All approx.)

Contact Timothy Gorring 0438 822 281
Shaun Stoker 0424 172 217

Our recommended loan broker: Tommy Nguyen (www.loanmarket.com.au/tommy-nguyen)

Property History for 311/88 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$488,000
03 Aug 2024
Listed for Rent
$410/w
08 Oct 2019
  • 03 Aug 2024
    Sold for $488,000
  • 18 Jun 2024
    Listed for Sale Auction
  • 01 Aug 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 9,417 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 16 properties listed for sale, and 47 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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Contact agent
Timothy Gorring
Show contact details
Shaun Stoker
Show contact details
Ray White Erskineville, Alexandria and Surry Hills
Preferred contact:
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.