1135/185-211 Broadway Ultimo NSW 2007
Property Details for 1135/185-211 Broadway, Ultimo
1135/185-211 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 37m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Ultimo in the last 12 months.
Last Listing description (August 2024)
This spacious loft, ideally situated in the heart of the city opposite the Broadway Shopping Centre, makes a perfect choice for investors and students alike. In close proximity to major educational institutions like UTS, Sydney University, Notre Dame University, and TAFE, it offers easy access and convenience.
-Styled as a loft-style apartment, it promises potential rental earnings of $500 per week
- Can generate a net return of 5%-5.5% after deducting water, council, and strata fees
-The bathroom comes equipped with a shower, vanity, and toilet
-Each floor features coin-operated laundry facilities and a shared kitchen for your convenience
-Benefit from the convenience of an on-site building management and 24-hour security services
-A prime, central location that brings Universities, shops, restaurants, and public transport within an arm's reach
Outgoings:
Strata levies: $3,227p/q
Council rates: $255 p/q
Water rates: $178p/q
Property History for 1135/185-211 Broadway, Ultimo, NSW 2007
- 16 Jul 2024Sold for $160,000
- 29 Feb 2024Listed for Sale $160,000
- 17 Mar 2017Sold for $233,000
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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 6,503 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:
- The median value for Houses in Ultimo is $1,798,734 while the median value for Units is $794,188.
- Houses have a median rent of $855 while Units have a median rent of $740.
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