OFF MARKET

6/503-511 King Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 1054m2
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Property Details for 6/503-511 King St, Newtown

6/503-511 King St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 1054m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
1995
Floor Size
85m2
Land Size
1054m2
Local Government
Inner West
Lot/Plan
6/SP56115

Last Listing description (January 2024)

From its top floor vantage point in the well maintained 'Kings Gate' complex, this smartly presented security apartment captures elevated views to city skyline. It delivers an ideal urban retreat complemented by a location that's at the epicenter of all the attractions that make Newtown such a sought-after destination. Renters will also love the property's light and airy interiors, good sized two level floor plan and modern design that go together to offer a low maintenance home with lots of appeal.

Features include:
- Generous combined lounge and dining area

- Three balconies, including one off the living area
- Upper-level bedrooms and built-in wardrobes
- Both bedrooms open onto a private balcony
- Modern kitchen and good quality appliances
- Security car space and intercom entrance
- Footsteps to cafes, dining and train station

To apply: https://snug.com/apply/raywhiteinnerwest

To register for the upcoming inspection, please submit an enquiry to receive the booking link & follow the prompts. Changes or cancellations may occasionally occur due to unforeseen circumstances or if the property is leased. In this case only registered enquirers will be notified.

We look forward to meeting you at our next inspection!

Property History for 6/503-511 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$750,000
29 Oct 2015
Listed for Rent
$750/w
23 Jan 2024
  • 23 Jan 2024
    Listed for Rent $750 / week
  • 17 Jun 2021
    Listed for Rent - Price not available
  • 10 Mar 2021
    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 9,415 properties. Over the last 5 years, Houses in Newtown have seen a 32.27% increase in median value, while Units have seen a 24.46% increase. As at 30 November 2024:

  • The median value for Houses in Newtown is $1,931,870 while the median value for Units is $908,993.
  • Houses have a median rent of $900 while Units have a median rent of $640.
There are currently 13 properties listed for sale, and 45 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 340 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.