SOLD
RECENT ADVICE
Sold on 11 Jul 2024 for $1,535,000

51 Wells Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 123m2
Sold By
Adrian William
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Property Details for 51 Wells St, Newtown

51 Wells St, Newtown is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 123m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Newtown in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
55m2
Land Size
123m2
Local Government
Inner West
Lot/Plan
C/DP105503

Last Listing description (August 2024)

Recently refreshed and turnkey ready, this single-level terrace provides an exciting lifestyle base close to King Street offerings, transport and Sydney Park. Situated on a quiet street with rear lane access, it's close to the buzz without feeling like it.

- Recently updated single-level Vic terrace
- Split AC, timber floors & high ceiling t/out

- New floors/roof/wndws, fresh paint t/out
- New gas kitch. w/ breakfast bar & d'wshr
- Good-sized beds, main with large built-in
- North-facing courtyard w/ trees and shed
- Situated on a quiet st w/ rear lane access
- Attic storage, external laundry, side lane
- Close to King St dining, retail & transport
- 500m to St Peters Station & Sydney Park
- Water $195 | Council $380 p/q

Property History for 51 Wells St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$1,535,000
11 Jul 2024
Listed for Rent
$600/w
16 Nov 2017
  • 11 Jul 2024
    Sold for $1,535,000
  • 02 Jul 2024
    Listed for Sale Sold $1,535,000
  • 17 Aug 2023
    Sold
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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 9,381 properties. Over the last 5 years, Houses in Newtown have seen a 46.40% increase in median value, while Units have seen a 20.75% increase. As at 31 July 2024:

  • The median value for Houses in Newtown is $1,874,722 while the median value for Units is $871,303.
  • Houses have a median rent of $898 while Units have a median rent of $620.
There are currently 32 properties listed for sale, and 46 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 367 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.