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Sold on 07 Jun 2024 for $707,000

6/38-40 Kings Cross Road
Potts Point NSW 2011

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 6/38-40 Kings Cross Rd, Potts Point

6/38-40 Kings Cross Rd, Potts Point is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Apartment sold in Potts Point in the last 12 months.

Building Type
Apartment

Last Listing description (June 2024)

A designer renovation and an ultra-convenient lifestyle location make this one-bedroom apartment a fantastic choice for first home buyers and investors. One of 12 apartments in a c1940s building close to cafes, shopping and transport, the 40sqm apartment combines elegant character with modern style in immaculate interiors with a beautiful marble kitchen, chic white-tiled bathroom (with laundry facilities), sunlit living/dining area and king-size bedroom with space for a work-at-home desk. Plantation shutters, plush carpet and designer light fittings reflect a luxury feel, while high ceilings amplify a sense of space. Enjoy urban village living in a one-way street with 100m walk to Bayswater Road's cafes/eateries, 200m to Coles supermarket, 300m to Kings Cross train station and 500m to harbourside Rushcutters Bay Park.

Features
• Level 1 in Art Deco 3-level block of 12 apts

• Elegant renovated interiors with high ceilings
• Living/dining area with north-facing window
• King-size bedroom with large b/in wardrobe
• Designer marble kitchen with Liebherr fridge
• Bosch cooktop, Bosch oven, Smeg dishwasher
• Chic renovated bathroom with rainfall shower
• Modern vanity and laundry taps in bathroom
• Plantation shutters, designer lights, picture rails
• Security building with updated common areas
• 100m to Bayswater Road's cafés and restaurants
• 100m to Vermuteria bar, 200m to Coles shopping
• 250m to buses, 300m to Kings Cross train station

Property History for 6/38-40 Kings Cross Rd, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$707,000
07 Jun 2024
Listed for Rent
$625/w
08 Aug 2023
  • 07 Jun 2024
    Sold for $707,000
  • 01 May 2024
    Listed for Sale For Sale $720,000
  • 17 Jul 2023
    Listed for Rent $625 / 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 7,282 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 17 properties listed for sale, and 44 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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Renee Cross
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Tanja Kuehn
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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.