OFF MARKET

311/62 Mountain Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
Land area: 861m2
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Property Details for 311/62 Mountain St, Ultimo

311/62 Mountain St, Ultimo is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 861m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
2003
Floor Size
43m2
Land Size
861m2
Local Government
Sydney
Lot/Plan
89/SP70825

Last Listing description (February 2023)

Bright and airy interiors, a quiet rear lane position and an ultra-convenient location deliver a perfect environment for urban living in this studio apartment. Set in The Quadrant, a landmark complex off Broadway, the third floor apartment is located on the fringe of the CBD in Sydney's educational corridor within easy walking distance of UTS, Sydney University and Notre Dame University.- Quality floorboards throughout- Bright open plan living/dining, covered balcony- Double bedroom area with built in wardrobe- Streamlined stone-topped gas kitchen with quality appliances- Large bathroom and combined laundry- Full security, level lift access- Heated rooftop pool with City views, BBQ terrace and gym- Option to purchase current furnishings - Very reasonable strata levies of $606 per quarter- Current rental estimate of $550-$600 per weekWith an open air piazza and on-site retail and dining precinct, The Quadrant features superb facilities including a heated rooftop pool and gym. Located a short walk to cafes, Haymarket restaurants, Spice Alley, museums, Broadway Shopping Centre, Chinatown and Fish Market, this inviting apartment is the perfect offering for those that seek a vibrant city lifestyle.Close to Schools, Close to Shops, Close to Transport

Property History for 311/62 Mountain St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$540,000
21 Jan 2023
Listed for Rent
$450/w
29 Jul 2021
  • 21 Jan 2023
    Sold for $540,000
  • 10 Jan 2023
    Listed for Sale Under Contract
  • 21 Jun 2021
    Listed 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 6,502 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.