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Sold on 08 Nov 2024 for $370,000

406/88 King Street
Newtown NSW 2042

Bedrooms: -
Bathrooms: 1
Car spaces: -
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Property Details for 406/88 King St, Newtown

406/88 King St, Newtown is a 0 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 0 bedroom Apartment sold in Newtown in the last 12 months.

Building Type
Apartment
Local Government
Sydney
Lot/Plan
74/SP44724

Last Listing description (November 2024)

Set within the iconic "Georgina Apartments", this studio offers stylish, low-maintenance living with all the buzz of Newtown's famed dining, café, and shopping scene just steps away. Designed for ultimate convenience, this bright City pad offers huge potential for cosmetic upgrades and an enviable outlook with impressive City views.

Residents enjoy resort-style amenities including an outdoor pool, BBQ area, and secure entry, making it an appealing choice for first-time buyers or investors. With Newtown Station just a 10-minute walk away and buses at your doorstep, the City, university precincts, and RPA Hospital are all within easy reach.

- Original, light-filled studio in "Georgina Apartments"

- High ceilings, large bathroom, separate kitchen
- Resort-style outdoor pool, BBQ area, intercom, and lift access
- Prime location in Newtown's vibrant dining and entertainment hub
- Excellent public transport options and close proximity to Sydney Uni
- High-yield potential with approx. $450pw rental income
- Perfectly suited to FHB, superannuation purchase, lock-and-leave home or smart investment

Total size: 33 sqm

Property History for 406/88 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$370,000
08 Nov 2024
Listed for Rent
$480/w
22 Oct 2024
  • 08 Nov 2024
    Sold for $370,000
  • 25 Oct 2024
    Listed for Sale Sold by Gene Kingston & Jack Williams
  • 01 Oct 2024
    Listed for Rent $480 / week
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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, 329 properties were sold in the past 12 months in Newtown.

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Gene Kingston
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Jack Williams
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Village Property Estate Agents
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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.