OFF MARKET

507/88 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 2189m2
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Last updated 30 Sep 2024
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Property Details for 507/88 King St, Newtown

507/88 King St, Newtown is a 1 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 2189m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
1940
Land Size
2189m2
Local Government
Sydney
Lot/Plan
98/SP44724

Last Listing description (September 2024)

This fabulous open plan apartment is positioned on the top floor with a north/east aspect and boasts panoramic city skyline views. The building offers access to a swimming pool and half tennis court. Situated moments away from Sydney University, RPA Hospital, Broadway Shopping Centre, public transport and the delights of King Street at your door. Features:- Balcony- Built-in wardrobe- Dual electric hot plates and bar fridge- Ducted air conditioning- Freshly painted- Modern and tidy kitchen with microwave Available : NowLease Term: 6/12 MonthsNo Pets Permitted WOULD YOU LIKE TO JOIN OUR INSPECTION? 1. Click on the BOOK INSPECTION button available on our website kellys.com.au2. Register to join an existing inspection3. If no time offered, please register so we can contact you once time is arranged4. If you do not register, we cannot notify you of any time changes, or further inspection times

Property History for 507/88 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$410,000
08 Jul 2014
Listed for Rent
$410/w
21 Mar 2022
  • 09 Aug 2024
    Listed for Rent $500 / week
  • 21 Mar 2022
    Listed for Rent $410 / week
  • 01 Jun 2021
    Listed for Rent $400 / 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, 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.