OFF MARKET

11/11 Smail Street
Ultimo NSW 2007

Bedrooms: -
Bathrooms: 1
Car spaces: -
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Last updated 2 Sep 2024
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Property Details for 11/11 Smail St, Ultimo

11/11 Smail St, Ultimo is a 0 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Sydney

Last Listing description (December 2022)

Studio apartment in warehouse converted building, ideally positioned in a central location in close proximity Broadway Shopping Centre and only a short walk or bus ride to the Sydney CBD.

Applicants must be:

- Australian Citizens and/or permanent residents
- Be currently employed & within the income eligibility limits (Please see the table below. Figures are before tax)

You can apply for these new affordable housing units if you;
Are Australian Citizens or permanent resident
Are currently employed, and
earn less than;
o $50 489 (singles)
o $69 000 (couples)

To check your eligibility and to apply, please visit our website here: https://www.sgch.com.au/applications/apply-for-affordable-housing/.

Property History for 11/11 Smail St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Listed for Rent
$346/w
13 Dec 2022
  • 06 May 2022
    Listed for Rent $346 / week
  • 18 Dec 2020
    Listed for Rent $286 / week
  • 18 May 2020
    Listed for Rent $288 / week

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About Ultimo 2007

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 6,541 properties. Over the last 5 years, Houses in Ultimo have seen a 63.93% increase in median value, while Units have seen a 16.91% increase. As at 31 July 2024:

  • The median value for Houses in Ultimo is $2,593,961 while the median value for Units is $752,054.
  • Houses have a median rent of $900 while Units have a median rent of $720.
There are currently 39 properties listed for sale, and 52 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Ultimo.

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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.