SOLD
Sold on 08 Dec 2023 for $530,000

7/126 Victoria Street
Potts Point NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 31m2
Land area: 223m2
Sold By
Richardson & Wrench Elizabeth Bay Potts Point
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Property Details for 7/126 Victoria St, Potts Point

7/126 Victoria St, Potts Point is a 0 bedroom, 1 bathroom Unit and was built in 1884. The property has a land size of 223m2 and floor size of 31m2. 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.

Building Type
Unit
Year Built
1884
Floor Size
31m2
Land Size
223m2
Local Government
Sydney
Lot/Plan
7/SP16774

Last Listing description (October 2024)

In the heart of Potts Point village this newly updated and refreshed apartment offers a great opportunity. Ideal for the savvy investor, first home purchaser or those looking for a set and forget city base apartment. Currently achieving a great short-term rental income. Providing comfortability and relaxed living in a functional design. This boutique hideaway offers a quiet escape from the fast-paced city living whilst being reassuringly close to the excitement. Kings Cross station and the CBD within walking distance, it offers a superb blend of flexibility, functionality and convenience.

- Renovated Kitchen w/ gas stove and stainless appliances
- Recently renovated bathroom, Internal laundry facilities

- Bright bedroom w/ walk-in robe
- Situated at the rear of the block, offering peace and quiet
- Secure strata managed building w/intercom
- Pet friendly and very walkable lifestyle

Approx Levies
Strata: $882.49pq
Council: $287.40pq
Water: $180.38pq

Property History for 7/126 Victoria St, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$530,000
08 Dec 2023
Listed for Rent
$550/w
07 Dec 2023
  • 08 Dec 2023
    Sold for $530,000
  • 05 Dec 2023
    Listed for Rent $550 / week
  • 27 Oct 2023
    Listed for Sale $530,000
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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 7,198 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.
There are currently 17 properties listed for sale, and 55 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.