SOLD
Sold on 09 Aug 2024 for $453,000

27/165-173 Cleveland Street
Redfern NSW 2016

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 29m2
Land area: 1405m2
Sold By
City Residential Property Surry Hills
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Property Details for 27/165-173 Cleveland St, Redfern

27/165-173 Cleveland St, Redfern is a 0 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 1405m2 and floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 0 bedroom Unit sold in Redfern in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
29m2
Land Size
1405m2
Local Government
Sydney
Lot/Plan
27/SP61081

Last Listing description (September 2024)

A lifestyle of easy convenience comes with this quality studio apartment, presenting newcomers and investors with an excellent entry into Sydney's sought-after city-fringe property market. Tucked away on the top floor and to the side of a well-maintained security building, it offers excellent value-for-money as it is smartly appointed throughout and set in a fabulous location renowned for its great accessibility and strong rental demand. Whether you're searching for your first property, a future-proof investment or a lock-up-and-leave inner Sydney bolthole, this value-packed property is sure to tick all the boxes.

- A highly convenient location less than 2km to Sydney's CBD
- User-friendly design featuring combined living/bedroom area

- A large-sized balcony that flows easily off the living space
- Fully equipped kitchen plus a spacious bathroom with laundry
- A well-managed security building with on-site visitor parking
- In great condition and ready to live-in or lease out immediately
- Walking distance to wine bars, eateries, caf?s and Redfern station
- Quick and easy access to a choice of universities and Prince Alfred Park

- Strata Rates: $433.80 p/q (approx.)
- Council Rates: $255.10 p/q (approx.)
- Water Rates: $178.42 p/q (approx.)

Property History for 27/165-173 Cleveland St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$453,000
09 Aug 2024
Listed for Rent
$450/w
26 Jun 2023
  • 09 Aug 2024
    Sold for $453,000
  • 24 Jul 2024
    Listed for Sale Not Disclosed
  • 05 Jun 2023
    Listed for Rent $450 / week
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About Redfern 2016

The size of Redfern is approximately 1.2 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Redfern in 2011 was 12,034 people. By 2016 the population was 13,218 showing a population growth of 9.8% in the area during that time. The predominant age group in Redfern is 20-29 years. Households in Redfern are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Redfern work in a professional occupation. In 2011, 38.2% of the homes in Redfern were owner-occupied compared with 33.5% in 2016.

Redfern has 7,930 properties. Over the last 5 years, Houses in Redfern have seen a 37.26% increase in median value, while Units have seen a 24.15% increase. As at 31 October 2024:

  • The median value for Houses in Redfern is $2,057,027 while the median value for Units is $1,181,686.
  • Houses have a median rent of $965 while Units have a median rent of $800.
There are currently 20 properties listed for sale, and 52 properties listed for rent in Redfern on OnTheHouse. According to CoreLogic's data, 326 properties were sold in the past 12 months in Redfern.

Suburb Insights for Redfern 2016

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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.