OFF MARKET

8/119 Probert Street
Newtown NSW 2042

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 24m2
Land area: 302m2
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Last updated 30 Sep 2024
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Property Details for 8/119 Probert St, Newtown

8/119 Probert St, Newtown is a 0 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 302m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1965
Floor Size
24m2
Land Size
302m2
Local Government
Inner West
Lot/Plan
8/SP1257

Last Listing description (January 2023)

Freshly painted and carpeted throughout, this top floor studio apartment is the perfect opportunity for first home buyers or investors to obtain a sweet spot in the vibrant inner west. Set in a small and secure block of 8, and with a north easterly aspect, it's ready to move right in now and has the potential for high returns on investment. Far enough off the bustling main street to be peaceful, you can't get much more central than this, with King Street's cafes and Newtown Station 5 minutes' walk away and Camperdown Memorial Park at the end of the street.

Bright elevated position in a well maintained and secure complex

Absolutely nothing to spend, ready to move right in or rent out
Easy to maintain kitchen with full electric stove and range hood
Neat bathroom plus shared common laundry on same level
Fresh and sunny bedroom/loungeroom with security intercom
Great rental prospects so close to University of Sydney and RPAH
Quick and easy transport to the CBD by either bus or train
Ideally located in the bustling cultural hub of Newtown, yet quiet
15 minutes to the city by train, Marrickville Metro 10 minutes by car

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Property History for 8/119 Probert St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$355,000
06 Dec 2022
Listed for Rent
$270/w
29 Jul 2021
  • 11 Jan 2023
    Listed for Sale Sold
  • 06 Dec 2022
    Sold for $355,000
  • 21 Sep 2022
    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 9,388 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.
There are currently 26 properties listed for sale, and 59 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Newtown.

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