SOLD
Sold on 15 Mar 2024 for $1,040,000

298/71 Jones Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 9082m2
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Property Details for 298/71 Jones St, Ultimo

298/71 Jones St, Ultimo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 9082m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Ultimo in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
75m2
Land Size
9082m2
Local Government
Sydney
Lot/Plan
298/SP80571

Last Listing description (March 2023)

3 min from CBD | Close to transport | Undercover Parking | Onsite Building Manager | Gymnasium | Heated Pool | Spa |

Stunning 1 bedroom apartment + car space in trendy Ultimo, close to Sydney CBD and public transport, with resort-style facilities.


APARTMENT FEATURES

Two generous bedrooms with built-in robes
Luxurious bathroom and ensuite
A modern, open-plan layout with free-flowing living
Kitchen with integrated dishwasher
Internal laundry with dryer
Reverse cycle, individually controlled air-conditioning system
Security intercom system and secure building access

DEVELOPMENT FEATURES

Dedicated onsite building manager and 24h security
Indoor aquatic centre including lap pool, spa and sauna
Fully-equipped fitness centre exclusive to residents
Landscaped gardens

LOCATION & LIFESTYLE

3 minutes from Sydney's CBD.
Easy access to public transport
Close to the University of Technology & the University of Sydney.
Nearby Wentworth Park & all its sporting facilities
Easy access to Star City Casino and Darling Harbour

**Disclaimer: Meriton Group has made all reasonable attempts to verify the accuracy of the information provided but does not warrant or guarantee such accuracy. Photography and illustrations are indicative representations of features and finishes only. Any interested persons should rely on their own enquiries to verify the information provided, including those related to available utility and internet service providers as additional connection fees may apply**

Property History for 298/71 Jones St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$1,040,000
15 Mar 2024
Listed for Rent
$1.00k/w
02 Mar 2023
  • 15 Mar 2024
    Sold for $1,040,000
  • 02 Mar 2023
    Listed for Rent $1,000 / week
  • 17 Jan 2022
    Listed for Rent $720 / 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 6,503 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.
There are currently 35 properties listed for sale, and 61 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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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.