SOLD
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Sold on 15 May 2024 for $710,000

41/61-65 Macarthur Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 73m2
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Property Details for 41/61-65 Macarthur St, Ultimo

41/61-65 Macarthur St, Ultimo is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 73m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Ultimo in the last 12 months.

Building Type
Apartment
Floor Size
58m2
Land Size
73m2
Local Government
Sydney
Lot/Plan
41/SP18945

Last Listing description (May 2024)

Discover elegance in this 58sqm renovated one bedroom apartment, nestled in a pristinely kept complex, offering a prime chance to enter the Sydney real estate market. Perfectly positioned, it's a stroll away from Sydney's CBD, UTS, China Town, and the Broadway Shopping Centre.

-Enjoy the comfort of a spacious one-bedroom apartment on the third level
-Features an open-plan living and dining area equipped with air conditioning

-Benefit from a covered balcony that's perfect for year-round enjoyment
-The large bedroom boasts a built-in wardrobe for ample storage
-Includes a full bathroom and an internal laundry for convenience
-Comes with a secure car space, titled separately
-The building is well-maintained with low strata fees

Outgoings:
Strata levies: $958 p/q
Council rates: $308 p/q
Water rates: $186 p/q

Property History for 41/61-65 Macarthur St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$710,000
15 May 2024
Listed for Rent
$650/w
14 Apr 2023
  • 15 May 2024
    Sold for $710,000
  • 09 Mar 2024
    Listed for Sale $710,000
  • 28 Mar 2023
    Listed for Rent $650 / 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 6,501 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 60 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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Sarah Li
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Chris Lee
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Kho & Lee Property Group
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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.