OFF MARKET

4/503-511 King Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 1054m2
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Last updated 11 Nov 2024
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Property Details for 4/503-511 King St, Newtown

4/503-511 King St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 1054m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
1997
Floor Size
67m2
Land Size
1054m2
Local Government
Inner West
Lot/Plan
4/SP56115

Last Listing description (October 2024)

Positioned in a boutique block in the heart of everything Newtown has to offer is this spacious two bedroom apartment. With modern interiors and an abundance of storage throughout, this apartment leaves nothing to be desired.

- Open plan living & dining room
- Large entertainers balcony

- Kitchen w/ electric cooking
- Internal laundry w/ storage
- Large master w/ built-in robe
- Bathroom w/ separate bath
- 2nd bed w/ private balcony
- Private storage area off balcony
- Located within walking distance to cafe's, shops, transport

Apply online via Ignite or by entering this link into your browser www.t-app.com.au/bellenewtown

Property History for 4/503-511 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$805,000
12 Oct 2019
Listed for Rent
$650/w
20 Sep 2022
  • 10 Sep 2024
    Listed for Rent $800 / week
  • 08 Sep 2022
    Listed for Rent - Price not available
  • 12 Oct 2019
    Sold for $805,000
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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 9,315 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 42 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 330 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.