SOLD
Sold on 25 May 2024 for $820,000

1409/58-62 Mountain Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 861m2
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Property Details for 1409/58-62 Mountain St, Ultimo

1409/58-62 Mountain St, Ultimo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 861m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Ultimo in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
54m2
Land Size
861m2
Local Government
Sydney
Lot/Plan
72/SP70825

Last Listing description (July 2024)

Set in the heart of Ultimo in a private, yet central location, is this contemporary designer one-bedroom apartment with resort style facilities. Perched on Level 14 in the landmark Quadrant Complex, it enjoys all day sun with an expansive north-facing balcony with panoramic city skyline views stretching from the Anzac Bridge to the CBD. The perfect abode for professionals, first home buyers and savvy investors alike, this apartment is within walking distance to the CBD, UTS, Sydney University and Notre Dame University.

- Bright open plan living and dining area that flows to covered balcony
- Expansive entertainers' balcony that enjoys all day sun and views

- Well-equipped modern kitchen with gas cooking and ample storage
- Large bedroom fitted with built in wardrobes and access to 2nd balcony
- Modern bathroom with large shower recess and modern fixtures
- Internal laundry facilities, ducted air-conditioning
- Basement parking with secure intercom and direct lift access
- This sublime apartment is the perfect home for those in search of a low maintenance city haven

The Quadrant features an array of facilities to enjoy including heated rooftop pool, gymnasium as well as an open-air piazza with multiple retail and dining options. Located within walking distance to cafes, Haymarket, Spice Alley, Broadway Shopping Centre and Central station, this apartment is the perfect home for those in search of a low maintenance city pad.

Property History for 1409/58-62 Mountain St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$820,000
25 May 2024
Listed for Rent
$595/w
07 Oct 2016
  • 25 May 2024
    Sold for $820,000
  • 01 May 2024
    Listed for Sale Sold | $820,000
  • 21 Sep 2016
    Listed for Rent $595 / 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 6,501 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:

  • 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.
There are currently 36 properties listed for sale, and 63 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Ultimo.

Suburb Insights for Ultimo 2007

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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.