513/88 King StreetNewtown NSW 2042
Property Details for 513/88 King St, Newtown
513/88 King St, Newtown is a 0 bedroom, 1 bathroom Studio with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 0 bedroom Studio sold in Newtown in the last 12 months.
Last Listing description (March 2024)
This bright 46sqm, air-conditioned, studio apartment is in the heart of Newtown and is situated on the top/5th floor of a converted warehouse building, offering an ultra-desirable lifestyle that combines location and convenience. Light-filled with lovely district views, the apartment showcases a cleverly designed floor plan, maximising space, and functionality within the layout and provides a peaceful environment despite being amid an energetic area.
Enviably positioned with Hollis Park, King Street's vibrant dining and nightlife scene, fashion boutiques, cafes, and pubs just outside your door. Sydney University and The Royal Prince Alfred Hospital are approx. 700m walk away and 3.5km to the CBD. The apartment also enjoys the benefit of exclusive use of a car space in the secure basement parking area.
The building is equipped with an intercom system for added security and shared laundry facilities for residents' convenience. Additionally, residents can enjoy the luxury of a resort-style pool and an entertaining area within the complex.
Whether you are looking for a fantastic investment opportunity or a comfortable lifestyle retreat, this apartment ticks all the right boxes.
Property History for 513/88 King St, Newtown, NSW 2042
- 07 Mar 2024Sold for $487,000
- 18 Jan 2024Listed for Sale Sold $487,000
- 17 Oct 2019Listed for Rent - Price not available
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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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