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Sold on 04 Oct 2024 for $360,000

517/5 Ward Avenue
Potts Point NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 27m2
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Property Details for 517/5 Ward Ave, Potts Point

517/5 Ward Ave, Potts Point is a 0 bedroom, 1 bathroom Studio. The property has a floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 0 bedroom Studio sold in Potts Point in the last 12 months.

Building Type
Studio
Floor Size
27m2

Last Listing description (October 2024)

A prized top floor position and sunny NE aspect are winning features of this studio in The Clairmont, a five-level building in an ultra-convenient location at the edge of Macleay Street village, leafy Fitzroy Gardens and 150m to city buses. Backdropped by district views from wall-to-wall windows in the living/sleeping area with open-plan kitchenette, the studio offers upside for a makeover to captialise on its popular lifestyle location 500m to harbourside Rushcutters Bay Park. In a tranquil setting on the north-east side of the building, the studio is an ideal city pad or investment with level lift access in a security building just footsteps to Primary Coffee, Teta's Deli, Piccolo Bar and Lady Chu restaurant. Superb walkability with 200m to Harris Farm Markets, Llankelly Place cafés/dining & 300m to Kings Cross train station.

Features
• Top floor on NE side of security building

• Living/sleeping area, wall-to-wall window
• Living/sleeping area, built-in wardrobe
• Open-plan kitchenette, white cabinetry
• Bathroom with shower above the bath
• NE aspect, district outlook, r/c air-con
• Level 5 in The Clairmont building with lift
• Common indoor pool, spa and sauna
• Footsteps to cafes, deli, bars and dining
• 150m to buses, 300m to Kings Cross trains
• 200m Llankelly Place café/dining scene
• 200m to Harris Farm Markets shopping
• 500m to harbourside Rushcutters Bay Park

Property History for 517/5 Ward Ave, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$360,000
04 Oct 2024
Listed for Rent
$330/w
21 May 2020
  • 04 Oct 2024
    Sold for $360,000
  • 04 Sep 2024
    Listed for Sale Auction
  • 07 May 2024
    Sold
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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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Contact agent
Renee Cross
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Nickolas Voloshanskyi
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Ray White The Woollahra Group - Woollahra
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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.