5/1 Hughes StreetPotts Point NSW 2011
Property Details for 5/1 Hughes St, Potts Point
5/1 Hughes St, Potts Point is a 0 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 287m2 and floor size of 28m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom Unit sold in Potts Point in the last 12 months.
Last Listing description (March 2021)
This well-presented studio apartment in converted circa 1880s mansion sets the scene for a cosmopolitan urban village lifestyle. Featuring scope to build into the attic (STSA) to create an immersive space. This low-maintenance city pad is an ideal investment or pied-a-terre in an unbeatable location - just 400m to Kings Cross station.
*Secure block of only 12 apartments
*Great cross flow air ventilation throughout
*Separate study nook with pleasant leafy outlook
*Luxury Carrara Italian marble Bathroom
*High ceilings and timber flooring throughout
*Large separate kitchen with designer stone tiling and benches.
*Excellent rental demand in a top location 1.5km walk to the CBD
*Strata building with freshly renovated common areas
*Common rooftop with CBD views
*Reverse cycle air-conditioning
Outgoings:
Levies: $957.75pq
Water Rates: $185.20pq
Council Rates: $268.12pq
Property History for 5/1 Hughes St, Potts Point, NSW 2011
- 19 Dec 2023Sold for $415,000
- 24 Oct 2023Sold
- 03 Jul 2020Listed for Sale For Sale $549,000
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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 7,192 properties. Over the last 5 years, Houses in Potts Point have seen a -4.46% decrease in median value, while Units have seen a 15.38% increase. As at 31 October 2024:
- The median value for Houses in Potts Point is $2,751,358 while the median value for Units is $1,051,909.
- Houses have a median rent of $675 while Units have a median rent of $650.
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