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Sold on 02 Feb 2024 for $845,000

157/569-581 George Street
Sydney NSW 2000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
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Property Details for 157/569-581 George St, Sydney

157/569-581 George St, Sydney is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Sydney in the last 12 months.

Building Type
Unit
Floor Size
90m2
Local Government
Sydney
Lot/Plan
157/SP65111

Last Listing description (February 2024)

Elevated high above the energy and excitement of the CBD on the 28th floor of the exclusive Summit Apartments building, this designer one-bedroom home combines its sweeping skyscraper outlook with smart stylish interiors to deliver an excellent low-maintenance property. Its world-famous location ensures a lifestyle like no other and professionals, investors and first-time buyers will all appreciate the exceptional positioning that has cinemas, restaurants, Darling Harbour and Chinatown all within a stroll.

Light, airy and open design with freshly appointed interiors
Large covered balcony with city views over the W Hotel

Sleek modern kitchen with quality fittings and gas cooktop
A great-sized separate bedroom that leads to the balcony
Resort-style indoor pool, gym, spa, sauna and games room
Security car space and lock-up storage with secure access
Ducted air conditioning, video intercom and 24/7 concierge
An easy lift ride down to the light rail stop and local eateries
An excellent turn-key opportunity in the heart of Sydney's CBD

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Property History for 157/569-581 George St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$845,000
02 Feb 2024
Listed for Rent
$860/w
04 May 2024
  • 11 Apr 2024
    Listed for Rent - Price not available
  • 01 Feb 2024
    Sold for $845,000
  • 19 Dec 2023
    Listed for Sale SOLD- $845,000
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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 23,942 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 376 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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