OFF MARKET

509/88 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 39m2
Land area: 2186m2
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Property Details for 509/88 King St, Newtown

509/88 King St, Newtown is a 1 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 2186m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
1940
Floor Size
39m2
Land Size
2186m2
Local Government
Sydney
Lot/Plan
100/SP44724

Last Listing description (May 2021)

Enjoying a wonderfully central yet peaceful setting with a striking North-East facing aspect, this studio apartment offers a lifestyle of absolute convenience. This is an exceptional opportunity to secure a city pad in the northern end of Newtown without breaking the bank. It's set in a secure building conversion with popular cafes, restaurants, bars and transport all at your door.

* Balcony with panoramic views of the city skyline
* Spacious open plan living space, ducted air-conditioning

* Recently renovated kitchen, ceasarstone breakfast bar
* Chic renovated bathroom and internal laundry
* Top floor of the admired 'Georgina Apartments'
* Secure building, swimming pool, dual lift access
* Only 500m to Macdonaldtown Train Station and buses at door
* Walk to Sydney University, RPA Hospital and Broadway Shopping Centre
* Council Rates: $239.10 per quarter (approx)
* Water Rates: $153.56 per quarter (approx)
* Strata Levies: $1,644.30 per quarter (approx)

Property History for 509/88 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$500,000
12 Dec 2023
  • 12 Dec 2023
    Sold for $500,000
  • 15 Mar 2021
    Sold for $499,000
  • 10 Mar 2021
    Listed for Sale Under Offer
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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.

Suburb Insights for Newtown 2042

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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.