SOLD
Sold on 15 Aug 2024 for $1,066,000

304/59-61 Ridge Street
North Sydney NSW 2060

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 1082m2
Sold By
Latham Cusack Property
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Property Details for 304/59-61 Ridge St, North Sydney

304/59-61 Ridge St, North Sydney is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1082m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in North Sydney in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
61m2
Land Size
1082m2
Local Government
North Sydney
Lot/Plan
21/SP63051

Last Listing description (August 2024)

Embracing rooms of grand proportions, a well-thought out floorplan and positioned in an idyllic cosmopolitan setting; this security 1 bedroom apartment enjoys light-filled interiors, an easterly direction and a leafy outlook.

Positioned in vibrant North Sydney - surrounded by gourmet cafes, markets, eateries, shopping options and within easy stroll to excellent transport links such as the new Metro and North Sydney station.

Features include;

* Internal laundry
* Stylishly renovated bathroom with dual showerheads (glorious rainfall showerhead and handheld)
* Security Building with intercom
* Security under cover parking with internal lift access
* Open plan kitchen with gas cooking and dishwasher
* Reverse cycle air conditioning in the lounge room

Strata Levies: approx $1819 per quarter
Water Rates: approx $180 per quarter
Council Rates: approx $307 per quarter

Estimated rental return: $700-$750pw

Disclaimer: Whilst all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regards to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate information provide

This property is being sold on a "co-agency" basis with Max Wagschall from David Murphy Residential.

Property History for 304/59-61 Ridge St, North Sydney, NSW 2060

A timeline of how this property has performed in the market
Last Sold
$1,066,000
15 Aug 2024
Listed for Rent
$730/w
07 Jul 2021
  • 15 Aug 2024
    Sold for $1,066,000
  • 01 Aug 2024
    Listed for Sale contact agent
  • 02 Jul 2021
    Listed for Rent $730 / week
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About North Sydney 2060

The size of North Sydney is approximately 1.5 square kilometres. It has 21 parks covering nearly 7.7% of total area. The population of North Sydney in 2011 was 6,257 people. By 2016 the population was 7,707 showing a population growth of 23.2% in the area during that time. The predominant age group in North Sydney is 30-39 years. Households in North Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Sydney work in a professional occupation. In 2011, 38.3% of the homes in North Sydney were owner-occupied compared with 37.8% in 2016.

North Sydney has 7,743 properties. Over the last 5 years, Houses in North Sydney have seen a 4.97% increase in median value, while Units have seen a 14.57% increase. As at 30 November 2024:

  • The median value for Houses in North Sydney is $2,728,178 while the median value for Units is $1,263,126.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 36 properties listed for sale, and 73 properties listed for rent in North sydney on OnTheHouse. According to CoreLogic's data, 326 properties were sold in the past 12 months in North sydney.

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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.