OFF MARKET

5/398-402 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Land area: 46m2
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Property Details for 5/398-402 King St, Newtown

5/398-402 King St, Newtown is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 46m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2014
Floor Size
40m2
Land Size
46m2
Local Government
Sydney
Lot/Plan
5/SP90636

Last Listing description (June 2021)

Streamlined designer interiors, quality finishes and a bright east aspect with views to the city skyline capture the essence of low-maintenance urban living in this boutique apartment. Secluded from the street to the rear of Casa on King, the first floor apartment is located next to Newtown High School of the Performing Arts in the heart of Sydney's most vibrant inner city neighbourhood. Sleek open plan living space is flanked by a stone-topped gas kitchen with both the living space and the bedroom opening to a balcony with wide open district views. Enjoy ultimate convenience a level lift ride to King Street's eclectic dining and entertainment scene with the station just 270m away for easy access to the city. With cafes and eateries at the doorstep, it's an easy walk to the wide open spaces of Sydney Park and Enmore Road's theatres, restaurants and eclectic design stores.

- Boutique contemporary block of 12 with a lush internal atrium
- Secluded from the street to the quiet rear, secure lift access

- Clean contemporary lines, walnut hybrid floors, reverse cycle air
- Stone-topped gas kitchen, streamlined matte black cabinetry
- Integrated stainless steel Smeg cooker, dishwasher, microwave
- Glass-fronted living opens to an east facing entertainer's balcony
- Wide open district views to the city skyline and external louvers
- Double bedroom with access to balcony, floor to ceiling built-ins
- Stylish bathroom with rainfall shower, concealed internal laundry
- Ideal for the first homebuyer or investor with high rental demand
- Walk everywhere convenience, cafes and eateries at the doorstep
- Stroll to the station, walk to Sydney University and RPA Hospital
- Rates: Water $150.22pq, Council $282.84, Strata $854.70pq (all approx.)

Contact James Natoli 0425 337 163
Amy Austin 0403 282 659

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Property History for 5/398-402 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$600,000
08 Apr 2021
Listed for Rent
$475/w
16 Jun 2021
  • 08 Apr 2021
    Sold for $600,000
  • 15 Mar 2021
    Listed for Sale Auction
  • 27 Jan 2021
    Listed for Rent $450 / 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 9,388 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, 360 properties were sold in the past 12 months in Newtown.

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