401/5 Ward AvenuePotts Point NSW 2011
Property Details for 401/5 Ward Ave, Potts Point
401/5 Ward Ave, Potts Point is a 0 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 902m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in February 2015.
Last Listing description (January 2015)
LARGE STUDIO WITH SECURITY PARKING
One of the largest strata studios in the building at 31 sqm & located on the 4th floor of this security building is this light & bright Strata Studio. Features spacious combined living & bedroom areas with large sliding windows & built in robe, functional kitchen alcove & tiled bathroom with bath.
Open outlook with valley & suburban views. Bonus of a security under cover parking space on a separate title which is rare for a studio.
The building is currently being upgraded and the successful purchaser will benefit from the works.
Strata Levies $655 per qtr
Water Rates: $180.35 per qtr
Council Rates: $229.30
Size 31 sqm internal, 45 sqm total.
Property History for 401/5 Ward Ave, Potts Point, NSW 2011
- 11 Feb 2015Sold for $385,000
- 30 Oct 2014Listed for Sale 385000
- 13 Nov 2013Listed for Rent $360 / week
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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.
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