1023/185-211 Broadway, Ultimo is a 1 bedroom, 1 bathroom Unit and was built in 1900. The property has a land size of 6268m2 and floor size of 24m2. 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 Ultimo in the last 12 months.
Situated adjacent to the Broadway Shopping Centre and just a stone's throw away from UTS and the University of Sydney, this locale is perfect for students seeking a secure living space and investors wanting to yield a substantial return.
-Potential weekly rental income of $460
-Bathroom comes fully equipped with shower, vanity, and toilet
Our Recommended Loan Broker
Steven Thai +61 400 78 55 78
www.rfsmoney.com.au
The size of Ultimo is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.1% of total area. The population of Ultimo in 2011 was 7,111 people. By 2016 the population was 8,837 showing a population growth of 24.3% in the area during that time. The predominant age group in Ultimo is 20-29 years. Households in Ultimo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ultimo work in a professional occupation. In 2011, 29.6% of the homes in Ultimo were owner-occupied compared with 25% in 2016.
Ultimo has 6,501 properties. Over the last 5 years, Houses in Ultimo have seen a 43.85% increase in median value, while Units have seen a 14.54% increase. As at 31 October 2024:
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