OFF MARKET

507/88 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 16 Dec 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. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
1940
Local Government
Sydney
Lot/Plan
98/SP44724

Last Listing description (April 2022)

Great Location with Fabulous City Views

This fabulous open plan apartment is positioned on the top floor with a north/east aspect and boasts of panoramic city skyline views. The building offers access to swimming pool and half tennis court. Situated moments away from Sydney University, RPA Hospital Centre and the delights of King Street at your door. Broadway Shopping Centre and public transport.

Features:

- Balcony
- Built-in wardrobe
- Dual electric hot plates and bar fridge
- Ducted air conditioning
- Freshly painted
- Modern and tidy kitchen with microwave

Available : Now
Lease Term: 6/12 Months
No Pets Permitted

Please note: We will be practicing social distancing which will limit the number of people inside the property at one time.

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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
  • 21 Mar 2022
    Listed for Rent $410
  • 01 Jun 2021
    Listed for Rent $400
  • 23 Jun 2020
    Listed for Rent $450
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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 9,415 properties. Over the last 5 years, Houses in Newtown have seen a 32.27% increase in median value, while Units have seen a 24.46% increase. As at 30 November 2024:

  • The median value for Houses in Newtown is $1,931,870 while the median value for Units is $908,993.
  • Houses have a median rent of $900 while Units have a median rent of $640.
There are currently 13 properties listed for sale, and 45 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 340 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.