OFF MARKET

31/288-306 Wattle Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 88m2
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Property Details for 31/288-306 Wattle St, Ultimo

31/288-306 Wattle St, Ultimo is a 2 bedroom, 2 bathroom Unit and was built in 2001. The property has a floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
2001
Floor Size
88m2
Local Government
Sydney
Lot/Plan
31/SP64807

Last Listing description (May 2019)

Live in while generating income, or simply take advantage of a strong investment yield. This 2 bedroom dual key is situated on the 5th floor in Acacia building.
Centrally located within walking distance to Star City, Sydney Fish Market, Blackwattle Bay, Cockle Bay Wharf, Broadway Shopping Centre, Sydney Uni, UTS and the CBD.
The property includes a 1-bedroom apartment, generous living areas, kitchen, laundry, parking, plus a fully separate self-contained studio apartment with kitchenette and spacious bathroom. The one bedroom component can be leased for $580 per week, with the studio expected rental at $460per week.

Residents have access to:
- Swimming pool, sauna and spa
- Gym
- Concierge and security

Outgoings:
Strata: $1,600pq (approx)
Council: $279pq (approx)
Water: $178pq (approx)
For further information please contact Central Sydney Realty directly on 0451 047 988.

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Property History for 31/288-306 Wattle St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$1,045,000
29 Apr 2019
  • 29 Apr 2019
    Sold for $1,045,000
  • 07 Jan 2019
    Listed for Sale Contact Agent
  • 13 Apr 2000
    Sold for $410,000

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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 6,482 properties. Over the last 5 years, Houses in Ultimo have seen a 42.19% increase in median value, while Units have seen a 6.20% increase. As at 30 September 2024:

  • The median value for Houses in Ultimo is $1,922,633 while the median value for Units is $736,102.
  • Houses have a median rent of $868 while Units have a median rent of $730.
There are currently 43 properties listed for sale, and 39 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Ultimo.

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