4147/185-211 Broadway Ultimo NSW 2007
Property Details for 4147/185-211 Broadway, Ultimo
4147/185-211 Broadway, Ultimo is a 1 bedroom, 1 bathroom Unit and was built in 1887. The property has a land size of 6268m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Ultimo in the last 12 months.
Last Listing description (February 2024)
Embrace the vibrant city life with this ideally located property, nestled right next to the Broadway Shopping Centre and a mere stroll from both UTS and the University of Sydney. This gem is not only perfect for students seeking a convenient and secure home but also for investors aiming for substantial rental yields.
-Currently generating rental earnings of $500 per week, potential rent is $600
- New carpet and fresh paint was done in 2022
-The bathroom comes equipped with a shower, vanity, and toilet
-Residents can enjoy resort-style amenities such as a swimming pool and gym
-Each floor features coin-operated laundry facilities and a shared kitchen
-On-site building management and 24-hour security services
-A prime, central location that brings Universities, shops, restaurants, and public transport within an arm's reach
Council Rate: $255 Quarterly
Water Rate: $180 Quarterly
Strata Rate: $3,858 Quarterly
Our Recommended Loan Broker
Steven Thai +61 400 78 55 78
Property History for 4147/185-211 Broadway, Ultimo, NSW 2007
- 20 Dec 2023Sold for $185,000
- 16 Nov 2023Listed for Sale $185,000
- 28 Jun 2022Listed for Rent $480 / 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.
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