501/56-58 Bay StreetUltimo NSW 2007
Property Details for 501/56-58 Bay St, Ultimo
501/56-58 Bay St, Ultimo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Last Listing description (April 2018)
A contemporary rooftop retreat in a cosmopolitan city edge setting, this vibrant apartment offers seamless in/outdoor entertaining with charismatic views. It's atop a security building mere moments to Broadway, parks and transport.
Spacious and light filled combined living and dining areas
Outdoor entertainment deck and elevated character views
Resort style facilities include outdoor pool and gymnasium
Deluxe granite island kitchen, superior Smeg gas appliances
Double sized bedrooms include built-ins and alfresco decks
Main bedroom boasts chic ensuite, separate full bathroom
High quality polished timber floors and air conditioning
Concealed laundry facilities, intercom, neutral colour tones
Building welcomes small pets, includes a basement car space
Short walk to range of shops, cafes, restaurants, bus/rail
Administration fee $966pq
Sinking fund $556pq
Property History for 501/56-58 Bay St, Ultimo, NSW 2007
- 24 Apr 2020Sold for $1,200,000
- 25 Oct 2014Listed for Rent $915 / week
- 08 Jun 2011Listed for Sale Not Disclosed
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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 6,541 properties. Over the last 5 years, Houses in Ultimo have seen a 63.93% increase in median value, while Units have seen a 16.91% increase. As at 31 July 2024:
- The median value for Houses in Ultimo is $2,593,961 while the median value for Units is $752,054.
- Houses have a median rent of $900 while Units have a median rent of $720.
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