SOLD
Sold on 16 Jan 2024 for $612,000

4/489-491 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 446m2
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Property Details for 4/489-491 King St, Newtown

4/489-491 King St, Newtown is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 446m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
63m2
Land Size
446m2
Local Government
Inner West
Lot/Plan
4/SP69411

Last Listing description (January 2024)

Whisper quiet spacious one bedroom apartment in small boutique security complex.

Features Include:
- Open plan living

- Spacious bedroom with courtyard
- 2nd balcony off lounge
- Leafy outlook and sun-drenched aspect
- Modern chefs kitchen with dishwasher
- Gas cooking
- Modern bathroom with bathtub
- Air conditioned
- Well maintained small security building
- Easy walk to Sydney University and RPA
- Moments to station

This vibrant sought after inner city suburb offers a great lifestyle and is ultra convenient with easy access to Sydney Park, Carriageworks cultural precinct farmers market. CBD is 15 minutes by car or train.

The apartment would make a great first home or excellent investment opportunity.

Size: 63 sqm approx.

OUTGOINGS (approx)
Strata Levies: $1160 pq
Council Rates: $353 pq
Water Rates: $181 pq

FOR ENQUIRIES / INSPECTION: Please call M. Howe on 0474 545 524 or Dinesh Mahajan on 0402145714 for further information.

Property History for 4/489-491 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$612,000
16 Jan 2024
  • 16 Jan 2024
    Sold for $612,000
  • 22 Dec 2023
    Listed for Sale CONTACT AGENT
  • 10 May 2022
    Sold
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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 15 properties listed for sale, and 47 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 341 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.