SOLD
Sold on 06 May 2024 for $560,000

12/18 Springfield Avenue
Potts Point NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 33m2
Land area: 394m2
Sold By
Richardson & Wrench Elizabeth Bay Potts Point
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Property Details for 12/18 Springfield Ave, Potts Point

12/18 Springfield Ave, Potts Point is a 0 bedroom, 1 bathroom Unit and was built in 1925. The property has a land size of 394m2 and floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom Unit sold in Potts Point in the last 12 months.

Building Type
Unit
Year Built
1925
Floor Size
33m2
Land Size
394m2
Local Government
Sydney
Lot/Plan
6/SP15404

Last Listing description (November 2024)

Apartments 11 & 12 can be amalgamated into a single, expansive unit.
Located on the north west end position in one of Potts Point's iconic Art Deco buildings, this bright and airy north facing studio apartment offers sophisticated living at the heart of Potts Point. Recently renovated, this contemporary apartment offers an oversized feel and boasts a common rooftop area with a barbeque, shared tables amongst established gardens that overlook Sydney's skyline. A short distance from Llankelly Place's vibrant 'eat street', popular cafes, restaurants and bars, and public transport, this studio apartment has it all.

*Situated in one of Sydney's most sought-after neighbourhoods

*Oversized open plan living and bedroom area
*French Oak flooring throughout and high ceilings
*Reverse cycle split system air conditioning
*Large open windows throughout
*Modern kitchen with stainless steel benchtop and cooktop
*Short term leasing available within hotel pool or airbnb
*Common rooftop access with BBQ and city views
*Modern bathroom shower over bath
*Restored vintage lift and on-site manager
*Short walk to Kings Cross train station and city bus transport
*Stroll to vibrant Potts Point cafes, boutiques and fine dining
*Footsteps to iconic Llankelly Place's "eat street"
*Ability to convert into clever one bedroom

Approx Levies:
Council Rates: $293.10 pq
Water Rates: $180.38 pq
Strata Levies: $2,502.06 pq (10% discount if paid on time )

Property History for 12/18 Springfield Ave, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$560,000
06 May 2024
  • 06 May 2024
    Sold for $560,000
  • 11 Apr 2024
    Listed for Sale $560,000
  • 06 Apr 2017
    Sold for $545,000
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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 7,280 properties. Over the last 5 years, Houses in Potts Point have seen a -3.52% decrease in median value, while Units have seen a 12.93% increase. As at 30 November 2024:

  • The median value for Houses in Potts Point is $2,778,576 while the median value for Units is $1,055,442.
  • Houses have a median rent of $660 while Units have a median rent of $650.
There are currently 16 properties listed for sale, and 41 properties listed for rent in Potts point on OnTheHouse. According to CoreLogic's data, 267 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.