SOLD
Sold on 07 Jun 2024 for $630,000

10/569-581 George Street
Sydney NSW 2000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 2595m2
Sold By
Australia City Properties Management Sydney
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Property Details for 10/569-581 George St, Sydney

10/569-581 George St, Sydney is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 2595m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Sydney in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
60m2
Land Size
2595m2
Local Government
Sydney
Lot/Plan
10/SP65111

Last Listing description (June 2024)

This very large one-bedroom apartment is modern and stylish, offering an ultra-convenient urban lifestyle in the heart of the CBD on level 7. It is situated in The Summit Apartment Building opposite World Square and is close to all amenities, including restaurants, cafes, World Square Shopping Centre, light rail, train stations, Darling Harbour, QVB, and Chinatown.

The apartment boasts a great sense of space and abundant natural light, with timber flooring that provides a warm and natural feel. It features an open-plan spacious living/dining area leading out to an entertainer's sun-filled balcony, a spacious bedroom with a built-in wardrobe, a gas cooktop, an internal laundry, air conditioning, and 24-hour security.

This apartment is the perfect city pad for any busy executive or people wanting to live amidst the excitement of the city.

Key Features:
- Exclusive location in the heart of the CBD
- Spacious, light-filled living area with ample space
- Timber flooring
- Good-sized bedroom with built-in robe
- Modern kitchen with stainless steel appliances, including a gas cooktop
- Good-sized bathroom with separate shower and bath
- Internal laundry with dryer
- Ducted reverse cycle air conditioning
- Security access key building
- Intercom
- Building facilities include a pool, gym, spa, sauna, BBQ area, table tennis, and pool table.

Approx outgoings:
Water Rates: $170 p/q approx
Council Rates: $305 p/q approx
Strata Levies: $1290 p/q approx after 10% discount
Special levies for rectification of fire defects & external facade. $1370 per quarter (after10% discount)

3D Interactive Tour: https://my.matterport.com/show/?m=YZ1Yz1hHHTu
Video Walkthrough: https://youtu.be/ZfhIy7oQ6rU

Property History for 10/569-581 George St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$630,000
07 Jun 2024
Listed for Rent
$950/w
21 Jul 2023
  • 07 Jun 2024
    Sold for $630,000
  • 18 Apr 2024
    Listed for Sale Guide $640,000
  • 04 Jul 2023
    Listed for Rent $950 / week
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About Sydney 2000

The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.

Sydney has 23,941 properties. Over the last 5 years, Houses in Sydney have seen a -71.84% decrease in median value, while Units have seen a 5.01% increase. As at 31 October 2024:

  • The median value for Houses in Sydney is $502,395 while the median value for Units is $1,163,718.
  • Houses have a median rent of $800 while Units have a median rent of $950.
There are currently 195 properties listed for sale, and 377 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 675 properties were sold in the past 12 months in Sydney.

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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.