OFF MARKET

51/1 Maddison Street
Redfern NSW 2016

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 146m2
Land area: 146m2
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Property Details for 51/1 Maddison St, Redfern

51/1 Maddison St, Redfern is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1991. The property has a land size of 146m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1991
Floor Size
146m2
Land Size
146m2
Local Government
Sydney
Lot/Plan
51/SP38088

Last Listing description (June 2023)

Positioned at the leafy & quiet rear of 'Centennial Mews', this large single level apartment has been tastefully updated with great space and style in one of the inner-city's most desirable locations. Overlooking the dog-friendly Edmund Resch Reserve, this oversize apartment is a perfect lifestyle home or ideal investment with very strong potential rental returns.

Light & bright living-dining with lush green outlook
Covered terrace area looking onto leafy parklands

Contemporary white kitchen with s-steel appliances
Concealed study nook ideal for work from home
Three large bedrooms, all with built-in wardrobes
Master suite with private balcony, en-suite bathroom
Sleek master bathroom with separate bath & shower
Timber floors; built-in cabinetry; air-cond; sep laundry
Tandem secure carspace with easy internal lift access
Video security; established well maintained complex
Facilities include heated indoor pool, spa, sauna, gym
Close to supermarket shopping & Crown Street scene
Right by Moore Park leisure & Bourke Street cycleway
Size -120sqm apartment + 26sqm tandem parking
Strata $2,765pq; Council $1,440pa; Water $663pa

Property History for 51/1 Maddison St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$1,289,000
10 May 2023
Listed for Rent
$795/w
01 Dec 2021
  • 10 May 2023
    Sold for $1,289,000
  • 28 Apr 2023
    Listed for Sale Auction 20 May
  • 01 Dec 2021
    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.