SOLD
RECENT ADVICE
Sold on 01 Mar 2024 for $1,250,000

4/5 Pemell Lane
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 79m2
Land area: 93m2
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Property Details for 4/5 Pemell Lane, Newtown

4/5 Pemell Lane, Newtown is a 2 bedroom, 2 bathroom Terrace. The property has a land size of 93m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Terrace sold in Newtown in the last 12 months.

Building Type
Terrace
Floor Size
79m2
Land Size
93m2
Local Government
Inner West
Lot/Plan
4/SP93016

Last Listing description (March 2024)

Indulge in the ultimate Newtown luxury lifestyle at The Joinery, an award-winning industrial warehouse conversion. On offer is this three-storey strata terrace promising the quintessential Newtown experience with its trendy industrial design and unparalleled location.
Original brickwork, exposed timber, and polished concrete floors create a distinct atmosphere, complemented by floating stairs and abundant natural light streaming through windows on both sides.

The residence features 2 bedrooms, 2 bathrooms, a scooter space, storage, and a shared veggie garden. The stainless-steel industrial kitchen, equipped with high-end Miele appliances, is a culinary haven. The ground floor hosts a very private bedroom with a bathroom, built-ins, and a small courtyard, while the top floor boasts the main bedroom with an ensuite, walk-in wardrobe, ample light, and electric blinds. The middle-level living area opens to an entertainment balcony, offering a perfect blend of indoor-outdoor living.

Ducted aircon on both middle and top levels ensures year-round comfort, and with the bike/scooter storage available, a car becomes superfluous in this vibrant locale.

Enjoy the convenience of being moments from King Street Newtown and Enmore Road with an almost unlimited number of eateries, boutiques, shops, bus, rail, and theatre, just steps away from The Joinery. Truly an inspiring living experience.
Inspection highly recommended, don't miss this one!

DISCLAIMER:
All information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 4/5 Pemell Lane, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$1,250,000
01 Mar 2024
  • 01 Mar 2024
    Sold for $1,250,000
  • 06 Feb 2024
    Listed for Sale $1,250,000
  • 08 Mar 2021
    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 9,388 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:

  • The median value for Houses in Newtown is $1,901,744 while the median value for Units is $867,182.
  • Houses have a median rent of $900 while Units have a median rent of $620.
There are currently 26 properties listed for sale, and 59 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 2042

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Peter Mitrovich
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Wiseberry Enmore
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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.