SOLD
Sold on 30 Aug 2024 for $800,000

11/1 Hughes Street
Potts Point NSW 2011

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 41m2
Land area: 287m2
Sold By
Richardson & Wrench Elizabeth Bay Potts Point
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Property Details for 11/1 Hughes St, Potts Point

11/1 Hughes St, Potts Point is a 1 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 287m2 and floor size of 41m2. 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 Potts Point in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
41m2
Land Size
287m2
Local Government
Sydney
Lot/Plan
11/SP14587

Last Listing description (October 2024)

This top-floor apartment, set in a well-maintained security building, combines contemporary style with a prime location. Recently updated, it offers a stylish and low-maintenance living space with Air Con. The open layout features high ceilings and is enhanced by wide picture windows that flood the space with natural light.

The Caesarstone kitchen, equipped with stainless steel appliances, features a large island bench with breakfast bar. The well-sized bedroom offers mirrored built-in wardrobes, while a separate study provides added versatility. Full size bathroom with an internal laundry for added convenience.

Enjoy easy access to the vibrant Victoria Street dining scene, as well as Macleay Street shops and eateries. With Kings Cross station and bus routes nearby, commuting to the CBD and Woolloomooloo Wharf is a breeze.

- Generously sized bedroom with mirrored built in wardrobes
- Sleek updated kitchen with stainless steel appliances
- Full sized dishwasher and ample storage
- Tidy bathroom with marble backsplash and an internal laundry
- Boutique style security building, with intercom access and common Rooftop
- Open plan living features Split System Air Conditioning

Approx Outgoings:
Council Rates: $293.10 pq
Water Rates: $178.42 pq
Strata Levies: $1,428.35 pq

Property History for 11/1 Hughes St, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$800,000
30 Aug 2024
Listed for Rent
$600/w
21 Oct 2022
  • 30 Aug 2024
    Sold for $800,000
  • 14 Aug 2024
    Listed for Sale Not Disclosed
  • 17 Oct 2022
    Listed for Rent - Price not available
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About Potts Point 2011

The size of Potts Point is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.5% of total area. The population of Potts Point in 2011 was 6,861 people. By 2016 the population was 9,425 showing a population growth of 37.4% in the area during that time. The predominant age group in Potts Point is 20-29 years. Households in Potts Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Potts Point work in a professional occupation. In 2011, 35.1% of the homes in Potts Point were owner-occupied compared with 31.3% in 2016.

Potts Point has 7,194 properties. Over the last 5 years, Houses in Potts Point have seen a 13.81% increase in median value, while Units have seen a 17.22% increase. As at 30 September 2024:

  • The median value for Houses in Potts Point is $2,914,864 while the median value for Units is $1,085,208.
  • Houses have a median rent of $680 while Units have a median rent of $675.
There are currently 21 properties listed for sale, and 53 properties listed for rent in Potts point on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Potts point.

Suburb Insights for Potts Point 2011

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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.