OFF MARKET

5/1 Springfield Avenue
Potts Point NSW 2011

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 108m2
Land area: 416m2
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Property Details for 5/1 Springfield Ave, Potts Point

5/1 Springfield Ave, Potts Point is a 2 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 416m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in June 2013.

Building Type
Unit
Year Built
1930
Floor Size
108m2
Land Size
416m2
Local Government
Sydney
Lot/Plan
5/SP15983

Last Listing description (June 2013)

Massive 108m2 Art Deco Opportunity: Bright, Flowing Floor-plan - Immaculate Boutique Strata Block in Fashionable Potts Point Enclave
.
SOLD BY NICK HARRINGTON 0422 944 833

SOLD BY PENNY TIMOTHY 0412 636 000
.
Positioned on the first floor of a beautiful Art Deco boutique Block of only 7, this sprawling apartment offers eager buyers an extremely rare residential opportunity. A corner apartment with graceful period windows and an abundance of authentic features, this property is very large; feeling more like a house. Double brick, high ornate ceilings, a flued fireplace, slate sunroom with partial City views, and an enormous eat-in kitchen, all add to the substantial feeling of this wonderful 2 bedroom apartment. The entry vestibule offers ample storage, flowing into a huge combined living and lounge, with stunning polished Cyprus floors. Both bedrooms are generous in proportion, one having large built-in wardrobes, and present an entire wall of wooden sash windows which bathe them in sunshine. The building itself, with excellent security, terrazzo common areas, oak balustrades, common garden terrace and shared storage, speaks of a time when things were built to last. Located in one of Potts Point's most attractive precincts; on an historic row of classic buildings, with a popular cafe metres away, Harris Farm across the road, and walking distance to the CBD, Botanic Gardens and Sydney's best restaurants and nightlife, this property is a must see this weekend.

Property History for 5/1 Springfield Ave, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$875,000
06 Jun 2013
Listed for Rent
$650/w
23 Jun 2009
  • 06 Jun 2013
    Sold for $875,000
  • 07 May 2013
    Listed for Sale SOLD - $875,000
  • 02 May 2009
    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 7,280 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.