OFF MARKET

3/118 Redfern Street
Redfern NSW 2016

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 35m2
Land area: 328m2
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Property Details for 3/118 Redfern St, Redfern

3/118 Redfern St, Redfern is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 328m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
1970
Floor Size
35m2
Land Size
328m2
Local Government
Sydney
Lot/Plan
3/SP71584

Last Listing description (February 2017)

This bright and modern Studio apartment is situated in the prime location for any professional lifestyle. This relaxed home or great investment opportunity is sort after locale being close to some of Sydney's best restaurants, cafes and bars.

Closely located to:

- The resourceful Redfern station, being only a 6-minute walk.

- Angelic sights through Redfern Park (400m), enjoy local sporting facilities and captivating picnics.
- Relish in local tennis courts and award- wining heated outdoor pools in Prince Alfred Park.
- Engross yourself at The University of Sydney (2.3 km Approx.)
- Spend the day in Sydney's CBD located 4.2 km's away (Approx.)

The apartment offers excellent features such as modern kitchen with electric appliances, considerate bathroom with crafty wall to ceiling tiles and striking timber floor coverings. For the investors be impressed with a proficient rental return of $400 per wk.

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Property History for 3/118 Redfern St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$391,000
02 Feb 2016
Listed for Rent
$300/w
13 May 2010
  • 02 Feb 2016
    Sold for $391,000
  • 02 Dec 2015
    Listed for Sale $449,000
  • 14 Apr 2015
    Sold for $310,000
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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 7,984 properties. Over the last 5 years, Houses in Redfern have seen a 34.77% increase in median value, while Units have seen a 21.09% increase. As at 30 November 2024:

  • The median value for Houses in Redfern is $2,100,640 while the median value for Units is $1,184,461.
  • Houses have a median rent of $990 while Units have a median rent of $820.
There are currently 18 properties listed for sale, and 44 properties listed for rent in Redfern on OnTheHouse. According to CoreLogic's data, 336 properties were sold in the past 12 months in Redfern.

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