OFF MARKET

55 O'Connell Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 93m2
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Property Details for 55 O'Connell St, Newtown

55 O'Connell St, Newtown is a 2 bedroom, 1 bathroom House. The property has a land size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 1992.

Building Type
House
Land Size
93m2
Local Government
Sydney
Lot/Plan
3/DP546216

Last Listing description (June 2024)

Set in an address defined by its amazing lifestyle convenience with vibrant King Street 200m away, RPA hospital 550m & Sydney Uni 550m, is this easy low maintenance property.

The property:
* Two oversized bedrooms with carpet

* Modern eat in kitchen
* Modern bathroom with full bathtub, separate shower with rain shower head
* Timber floors in living areas
* Crisp white interiors
* Easy low maintenance courtyard
* 750m to Newtown Train Station

The details:
Available 12th July 2024
12 month lease term
Pets are subject to application

The neighbourhood:
Bohemian by nature, Newtown is a neighbourhood that thrives on the fringe. Eclectic and artsy with elements of grit, Newtown has established a name for itself on the local and international art and theatre scene. The focal point is King Street, which is both a foodie's destination and a place to nab a quirky find. From the main hub to the narrow backstreets, Newtown likes to push the boundaries. (Source - sitchu.com.au)

Jacob Benton | 0429 970 297
Raine&Horne Newtown
rh.com.au/newtown | 8596 3555

Property History for 55 O'Connell St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$150,000
28 Feb 1992
Listed for Rent
$740/w
18 Jun 2024
  • 18 Jun 2024
    Listed for Rent $740 / week
  • 28 Sep 2021
    Listed for Rent $680 / week
  • 17 Sep 2013
    Listed 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 9,305 properties. Over the last 5 years, Houses in Newtown have seen a 37.40% increase in median value, while Units have seen a 24.85% increase. As at 31 October 2024:

  • The median value for Houses in Newtown is $1,918,799 while the median value for Units is $905,213.
  • Houses have a median rent of $900 while Units have a median rent of $625.
There are currently 34 properties listed for sale, and 46 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 325 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.