OFF MARKET

16/849 George Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 1733m2
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Property Details for 16/849 George St, Ultimo

16/849 George St, Ultimo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 1733m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2007
Floor Size
72m2
Land Size
1733m2
Local Government
Sydney
Lot/Plan
16/SP79678

Last Listing description (October 2023)

Situated in the incredibly convenient Taragon Central, this two bedroom apartment is ideal for low maintenance living. Peaceful and private yet incredibly convenient, it's just a few hundred metres to Central stations, Central Park Mall and Spice Alley making an ideal city pad or top investment.

- Open plan living and dining areas spanning onto the spacious balcony
- Strata levy is reasonable- $1375 per quarter, rental is $900/week approx.

- Modern kitchen with gas cooking, quality appliances and stone benchtop
- Master bedroom with built in and ensuite with direct balcony access
- Security intercom and secure undercover car space, 3sqm storage cage
- A short walk to Central Station, Sydney New Tech Central, Central Park shops
- Minutes from UTS, University of Sydney and other educational institutes

Virtual furniture has been used, photos are indicative.

Our Recommended Loan Broker
Steven Thai +61 400 78 55 78
www.rfsmoney.com.au

Property History for 16/849 George St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$800,000
02 Sep 2023
Listed for Rent
$490/w
16 Jul 2020
  • 02 Sep 2023
    Sold for $800,000
  • 06 Apr 2023
    Listed for Sale $925,000
  • 19 Mar 2020
    Listed for Rent - Price not available
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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 6,488 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 31 properties listed for sale, and 58 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 202 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.