OFF MARKET

7/489-491 King Street
Newtown NSW 2042

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
Land area: 49m2
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Last updated 11 Nov 2024
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Property Details for 7/489-491 King St, Newtown

7/489-491 King St, Newtown is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 49m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2002
Floor Size
48m2
Land Size
49m2
Local Government
Inner West
Lot/Plan
7/SP69411

Last Listing description (April 2023)

Located in the heart of Newtown, one of Sydney's most vibrant suburbs, this one bed apartment at 489 King Street offers the perfect blend of style, comfort and convenience. With a range of excellent amenities and attractions right on your doorstep, this apartment is ideal for anyone seeking a convenient and exciting urban lifestyle.

The apartment features:

? Modern kitchen with Caesar stone benchtop, kitchen island and induction stovetop

? Air conditioning for year-round comfort
? Laundry cupboard with ample storage space
? Spacious open-plan living area
? Bedroom with ceiling fan and ample storage space
? Spotted gum hardwood flooring throughout
? Balcony with a tranquil and leafy outlook
? Secure buzzer intercom for added peace of mind
? Located at the rear, so you won't hear any King Street traffic noise

Best of all, the apartment is located just a 7-minute walk to Newtown station and an 8-minute walk to St Peters station, offering fantastic transport links to the rest of Sydney. Additionally, Marrickville metro is just a 10-minute walk away, with its range of amenities including Kmart, Coles, BWS and Woolworths. Whether you're a young professional, or a couple , this apartment offers the ultimate in convenience and comfort, in one of Sydney's most sought-after suburbs.

Contact: Lillya Brincat 0429 400 574
Inspections: Open for Inspection
Available: 5th May 2023
Lease Term: 12 Months
Pets: Considered upon Application

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Property History for 7/489-491 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$635,000
28 Sep 2021
Listed for Rent
$600/w
28 Apr 2023
  • 14 Apr 2023
    Listed for Rent $600 / week
  • 28 Sep 2021
    Sold for $635,000
  • 02 Sep 2021
    Listed for Sale Auction
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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 9,307 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 36 properties listed for sale, and 47 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 329 properties were sold in the past 12 months in Newtown.

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