509/88 King StreetNewtown NSW 2042
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. There are other 1 bedroom Unit sold in Newtown in the last 12 months.
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
* 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
- 12 Dec 2023Sold for $500,000
- 15 Mar 2021Sold for $499,000
- 10 Mar 2021Listed 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 9,388 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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