57/2-6 Brown St, Newtown is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 1755m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Situated in the very heart of sought-after Newtown. This large studio with separate living and sleeping areas, balcony and a security car space is currently leased to great long term tenants or vacant possession. Its 4th floor position allows for superb panoramic views which sweep north-east across the CBD skyline ? breathtaking by day and a sparkling wonderland by night. Presented in neat and tidy original condition, it?s comfortable to enjoy as is whilst an easy renovation to update would add extra value. Set just a few short steps to all the gourmet and shopping delights on King Street and moments to city buses, Newtown railway station, RPA and Sydney University yet very quiet. This spacious and sunny studio apartment provides an outstanding investment opportunity or lifestyle haven.
Rare lifestyle buying, security building with lift access
Light filled apartment with great north aspect
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:
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