SOLD
Sold on 18 Apr 2024 for $1,775,000

40 Wells Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 183m2
Sold By
Belle Property Newtown
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Property Details for 40 Wells St, Newtown

40 Wells St, Newtown is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 183m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Newtown in the last 12 months.

Building Type
House
Year Built
1900
Land Size
183m2
Local Government
Inner West
Lot/Plan
1/DP1256741

Last Listing description (August 2014)

Lifestyle - Generous, contemporary living combines with period charm in this immaculate, two bedroom home. Set in a peaceful, leafy location and enjoying private, light filled spaces, it has much to offer the astute homebuyer and investor. This charming, semi detached residence enjoys a thoughtful and flexible floorplan and is conveniently close to vibrant King Street, transport links, cafes and restaurants.

Accommodation - Spacious open plan living spans the full width of the house, overlooking the secluded garden. A separate dining room flows to a private covered deck and the sunny, double bedrooms are generous and airy. The stylish gas kitchen is at the centre of the home, and includes Caesarstone benches, glass splashback and stainless steel DeLonghi appliances. A modern, fully tiled bathroom is well appointed.

Features - Period features include high, ornate ceilings, polished wooden floorboards and original fireplace. Ample storage includes built-in wardrobes, a cleverly designed laundry area, garden shed and sunny attic space with dedicated stairs, cabinetry and leafy, district vistas. The mature, private gardens offer a level lawn, paved courtyard area and large deck perfect for both relaxing and entertaining.

Property History for 40 Wells St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$1,775,000
18 Apr 2024
  • 18 Apr 2024
    Sold for $1,775,000
  • 18 Sep 2014
    Listed for Sale SOLD - $1,005,000

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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 9,388 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.

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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.