418/88 King StreetNewtown NSW 2042
Property Details for 418/88 King St, Newtown
418/88 King St, Newtown is a 0 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 2186m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (April 2022)
A quiet elevated setting to the rear of the grand Georgina Apartments building underscores a sense of peace and privacy in this oversized studio with King Street's vibrant attractions at the doorstep and includes a security carspace. Capturing leafy views over the heritage rooftops out to Botany Bay through a bank of huge windows, the light-filled apartment is on the fourth floor of a converted warehouse building in the heart of the action with high rental demand thanks to its proximity to the University of Sydney and RPA Hospital. A prime location in North Newtown offers superb walkability an easy lift ride to every convenience and with access to a sunny pool and tennis court. A great market entry or readymade investment, the 36sqm apartment is 200m to Hollis Park and 800m to Carriageworks' cultural precinct and farmers market.
- A quality security building with secure foyer, 2 lifts, security carspace
- Prominent location in the university and medical hub
- Modern kitchen, good-sized bathroom with a bath
- Huge casement windows frame wide leafy district views
- Ducted air, plentiful natural light, cross-flow ventilation
- Sunny resort-style outdoor pool and a half tennis court
- Well-maintained building with a common laundry room
- A few hundred metres to Sydney Uni and RPA Hospital
- Top investment or low-maintenance city bolthole
- Cafes at the doorstep, city transport across the street
- Rates: Water $165pq, Council $350pq (All approx.)
Contact Astrid Joarder 0410 351 519
Ercan Ersan 0423 941 112
Property History for 418/88 King St, Newtown, NSW 2042
- 25 Feb 2022Sold for $440,000
- 31 Jan 2022Listed for Sale SOLD PRIOR TO AUCTION
- 09 Jul 2020Listed for Rent $360 / 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 9,306 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.
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