486 King StreetNewtown NSW 2042
Property Details for 486 King St, Newtown
486 King St, Newtown is a 0 bedroom, 0 bathroom House with 1 parking spaces. The property has a land size of 114m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom House sold in Newtown in the last 12 months.
Last Listing description (November 2023)
Rare opportunity to acquire a mixed-use terrace on vibrant King Street, Newtown. Offering a variety of opportunities to work from home, home and income, or a dual-income investment.
Currently leased to the one retail tenant on a month-to-month agreement and one residential tenant until April 2024 with a combined income of $82,646 per annum.
Appealing frontage with original features and high ceilings
Fully renovated residence with new kitchen and bathroom
Kitchen that features gas stove top and modern subway tiles
Separate living room with new engineered floors and
Three amazingly spacious bedrooms upstairs with plush carpet
Clean and crisp remodelled bathroom with natural ventilation
New light fittings & window treatments add the finishing touches
500m approx. to Newtown trains with direct bus links at the door
R.P.A. and University of Sydney within 20 minutes' walk approx.
Moments from the vibe of Enmore Road's entertainment precinct
Zoning: Local Centre E1
Land area: 114m2 approx.
Floor area: 129m2 approx.
Retail area: 39m2 approx.
Council rates: $1,794 p.a.
Water rates: $110p.qtr
Property History for 486 King St, Newtown, NSW 2042
- 11 Dec 2023Sold for $1,650,000
- 27 Oct 2023Listed for Sale $1,650,000
- 08 Aug 1985Sold for $85,000
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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.
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