207/507 Wattle StreetUltimo NSW 2007
Property Details for 207/507 Wattle St, Ultimo
207/507 Wattle St, Ultimo is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in Ultimo in the last 12 months.
Last Listing description (February 2024)
Introducing split level, dual aspects, two balconies, with 122sqm for apt itself (exclude car space and storage), this sunny 2 bedrooms apartment is a jumping distance to UTS!
With one bedroom plus one bathroom on each floor, the smart floor plan gives buyers many options to dream away. Fantastic cash flow for investors with the current lease for $1200/per week, and a signed long-term lease, which is on hold due to this sale. The owner-occupiers can expect to move in soon too, with its open-status lease agreement.
Surrounded by Sydney's leading tertiary institutions, the University of Sydney, UTS, and Sydney TAFE; a short stroll distance to Broadway Shopping Centre, as well as Haymarket, Chinatown, Central Park Shopping Mall, and the CBD; also moments away from the Light Rail Station, Sydney Fish Market, Restaurants, Cafes and Darling Harbour, this apartment is truly prime and ideally located for the ultimate convenience in city fringe Ultimo.
Come and inspect with us on Saturdays, you will love this great opportunity!
Property History for 207/507 Wattle St, Ultimo, NSW 2007
- 17 Feb 2024Sold for $1,040,000
- 07 Nov 2023Listed for Sale SOLD
- 31 Aug 2022Sold
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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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