SOLD
Sold on 08 Dec 2023 for $440,000

5/165-173 Cleveland Street
Redfern NSW 2016

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 39m2
Land area: 1405m2
Sold By
Ray White Newtown
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Property Details for 5/165-173 Cleveland St, Redfern

5/165-173 Cleveland St, Redfern is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 1405m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Redfern in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
39m2
Land Size
1405m2
Local Government
Sydney
Lot/Plan
5/SP61081

Last Listing description (December 2023)

Stylish and well appointed throughout, this smartly presented and oversized studio
apartment offers buyers and investors a fresh and easy care property that is exceptionally
convenient to city life. It is presented in excellent condition with light filled interiors, quality

finishes and a smart use of space. This is a great opportunity to get a foot in the door of this
rapidly growing property market and enjoy strong rental yields or a great city fringe base.

Open layout and positioned in the rear of the building
Spacious balcony overlooks the a central courtyard
Bright interiors include floating floorboards
Well appointed kitchen and appliances
Secure building with intercom access
Modern bathroom, internal laundry with dryer
Easy access to the city, Prince Alfred Park and transport

Property History for 5/165-173 Cleveland St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$440,000
08 Dec 2023
Listed for Rent
$350/w
23 Mar 2022
  • 08 Dec 2023
    Sold for $440,000
  • 10 Oct 2023
    Listed for Sale Under Contract
  • 22 Mar 2022
    Listed for Rent - Price not available
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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 7,935 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 25 properties listed for sale, and 49 properties listed for rent in Redfern on OnTheHouse. According to CoreLogic's data, 335 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.