SOLD
Sold on 21 Mar 2024 for $1,420,000

708/5-15 Orwell Street
Potts Point NSW 2011

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 1574m2
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Property Details for 708/5-15 Orwell St, Potts Point

708/5-15 Orwell St, Potts Point is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 1574m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Potts Point in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
75m2
Land Size
1574m2
Local Government
Sydney
Lot/Plan
84/SP30102

Property History for 708/5-15 Orwell St, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$1,420,000
21 Mar 2024
  • 21 Mar 2024
    Sold for $1,420,000
  • 30 Apr 1997
    Sold for $248,000
  • 27 Apr 1994
    Sold for $202,000

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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 7,193 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 51 properties listed for rent in Potts point on OnTheHouse. According to CoreLogic's data, 266 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.