OFF MARKET

278/71 Jones Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 9082m2
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Property Details for 278/71 Jones St, Ultimo

278/71 Jones St, Ultimo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 9082m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2001
Floor Size
67m2
Land Size
9082m2
Local Government
Sydney
Lot/Plan
278/SP80571

Last Listing description (June 2022)

Superbly positioned right where you can experience the best of Sydney life, this sleek one-bedroom apartment is perfectly poised with parks, shopping, universities and great coffee all within easy reach. The smartly designed property is set up high on level 10 giving it an elevated aspect and plenty of natural light, plus it makes a safe and secure lifestyle choice with good quality finishes throughout.

- A bright northerly aspect that catches the Anzac Bridge peaks
- A functional interior design with an open living and dining area

- Sunlit north-facing balcony that leads directly off the living space
- Air-conditioned bedroom that comes fitted with a walk-in robe
- Modern kitchen equipped with dishwasher and gas cooktop
- Intercom entry, lift access, full bathroom and internal laundry
- In a well-maintained security building with a basement car space
- Pet-friendly complex with secure, grassy courtyard and BBQ area
- On-site facilities include an indoor pool, spa, sauna, and gym

This is an ideal opportunity for those looking for a property that is high in style, low in maintenance and ideally positioned with easy access to the CBD. It's also well positioned close to Broadway Shopping Centre, the fish market and light rail transport.

Outgoings:
Water Rates: $153 p/q approx.
Council Rates: $299 p/q approx.
Strata Rates: $1,435 p/q approx.

The NSW government has scaled back restrictions around open homes as part of a staged approach to living with the COVID-19 virus. Density limits, QR code check-ins and mask wearing are no longer mandatory, but some may choose to wear masks and practice social distancing and hygiene precautions, and we fully support this as a business.

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Property History for 278/71 Jones St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$830,000
30 Mar 2022
  • 30 Mar 2022
    Sold for $830,000
  • 01 Mar 2022
    Listed for Sale Under Contract
  • 12 Feb 2016
    Sold for $780,000

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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 6,495 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 34 properties listed for sale, and 54 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Ultimo.

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