228/71 Jones StreetUltimo NSW 2007
Property Details for 228/71 Jones St, Ultimo
228/71 Jones St, Ultimo is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 57m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Apartment sold in Ultimo in the last 12 months.
Last Listing description (September 2024)
Experience the epitome of city living in this stylishly designed studio apartment nestled in the vibrant neighborhood of Ultimo. Perfect for the modern professional or a savvy investor, this apartment offers a seamless blend of comfort and convenience.
- Open-plan living that maximizes space, with a cozy sleeping alcove and ample room for both relaxation and dining
- A contemporary kitchen equipped with high-end appliances and a chic bathroom featuring modern fixtures
- Apartment comes with a study space and a 3 sqm storage cage in the basement area
- An intimate terrace space, providing a peaceful outdoor retreat amidst the city buzz
- Situated within walking distance to top universities, local cafes, shops, CBD and public transportation
Outgoings:
Strata Levy: $1,217per quarter
Council Rate: $308 per quarter
Water Rate: $178 per quarter
This Ultimo studio is a gem that offers a low-maintenance living space with all the amenities needed for a comfortable and active urban life. Whether you're starting your homeownership journey or looking to add to your investment.
Property History for 228/71 Jones St, Ultimo, NSW 2007
- 06 Sep 2024Sold for $550,000
- 06 Mar 2024Listed for Sale $550,000
- 29 Jun 2022Listed 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 6,503 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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