SOLD
RECENT ADVICE
Sold on 25 Sep 2024 for $1,350,000

1908/98 Gloucester Street
The Rocks NSW 2000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Sold By
buymyplace
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Property Details for 1908/98 Gloucester St, The Rocks

1908/98 Gloucester St, The Rocks is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in The Rocks in the last 12 months.

Building Type
Unit
Local Government
Sydney

Last Listing description (September 2024)

Phone Enquiry ID: 227090

Offered directly from the owner without an agent. A prize Mid-Rise apartment in the Quay West building above The Rocks and Circular Quay.

This so-comfortable one-bedroom apartment has an extensive living room and bedroom/office, quality granite kitchen, marble bathroom, separate internal laundry room, useful hallway and, best of all, sweeping views of the western harbour from the living room and bedroom, and the bustling George Street district. It's high above the city, on the quiet 19th level, and is unexpectedly big, at 64 sq m.

You or your guest can live in your own Quay West apartment in style, with all the convenience and opportunities of the Sydney CBD, Australia's equivalent of tbe Wall Street district. Or rent it out for about $900-$1000 a week long-term, or $1300 short-term. Recommended for the resident, investor, businessperson or anyone else seeking a city base.

Walk to the big stores and supermarkets, Opera House, Botanic Garden and Art Gallery, Barangaroo, libraries and theatres, and the many bars, clubs, restaurants or food courts. Or just take the tram, train, bus or ferry.

This is a tightly held stratum with less than 2 per cent of apartments sold each year in a prestige building of proven quality. This one comes furnished or not.

You have access to view the whole harbour outside on a common terrace, where these is a pool, gym, spa, and sauna.

There is an in-house restaurant and bar which provides room service, and a concierge and a reception desk. Cleaning and maintenance is available.

Quay West Mid-Rise is in the hands of a top building manager, Accor, and strata manager, McCormacks, and is led by a pro-active Owners Corporation focused on enhancing apartment values. Prices are rising.

Property History for 1908/98 Gloucester St, The Rocks, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$1,350,000
25 Sep 2024
  • 25 Sep 2024
    Sold for $1,350,000
  • 10 Sep 2024
    Listed for Sale Not Disclosed
  • 05 Apr 2024
    Listed for Sale $1,250,000 $1,350,000
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About The Rocks 2000

The size of The Rocks is approximately 0.2 square kilometres. It has 7 parks covering nearly 14% of total area. The population of The Rocks in 2011 was 683 people. By 2016 the population was 751 showing a population growth of 10.0% in the area during that time. The predominant age group in The Rocks is 30-39 years. Households in The Rocks are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in The Rocks work in a professional occupation. In 2011, 30% of the homes in The Rocks were owner-occupied compared with 43.6% in 2016..

The Rocks has 1,386 properties. Over the last 5 years, Houses in The Rocks have seen a -30.60% decrease in median value, while Units have seen a 31.56% increase. As at 31 October 2024:

  • The median value for Houses in The Rocks is $1,592,914 while the median value for Units is $1,984,748.
  • Units have a median rent of $1,200.
There are currently 10 properties listed for sale, and 4 properties listed for rent in The rocks on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in The rocks.

Suburb Insights for The Rocks 2000

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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.