SOLD
Sold on 06 Dec 2023 for $850,000

502/287 Pyrmont Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 915m2
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Property Details for 502/287 Pyrmont St, Ultimo

502/287 Pyrmont St, Ultimo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 915m2 and floor size of 59m2. 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.

Building Type
Unit
Year Built
2004
Floor Size
59m2
Land Size
915m2
Local Government
Sydney
Lot/Plan
46/SP73377

Last Listing description (January 2024)

This one bedroom apartment + study comes complete with a large entertainment balcony area, fantastic for entertaining guests. It is the perfect balance of indoor/outdoor space. Situated in the highly sought after, award winning development 'Bullecourt', you are located next door to the Ian Thorpe Aquatic Centre, across from the Exhibition Centre light rail and only a short stroll to Darling Harbour. The building also features numerous visitor parking spaces for guests. A truly unique apartment that makes the perfect place to call home if you are looking to enjoy the vibrant city lifestyle.

- Modern kitchen with gas cooktop
- Bedroom with balcony

- Large internal laundry, storage
- Single car space on title and 2sqm storage cage
- Gym plus onsite building manager
- Only a short distance form Darling Square and Sydney Fish Market
- Lift access & secure intercom

Market rent $670 per week

- Unit ? 59 sqm
- Balcony ? 12 sqm
- Storage ? 2 sqm
- Parking ? 15 sqm
Total ? 88 sqm

Strata rates $1731 per quarter (approx.)
Water rates $180 per quarter (approx.)
Council rates $255 per quarter (approx.)

EYEON Open Access Strata Report is now available via https://www.eyeon.com.au/strata-inspection-report/Ultimo/2007/NSW/502287-Pyrmont-Street/41404/34958

Property History for 502/287 Pyrmont St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$850,000
06 Dec 2023
Listed for Rent
$595/w
01 Apr 2016
  • 06 Dec 2023
    Sold for $850,000
  • 02 Nov 2023
    Listed for Sale Not Disclosed
  • 22 Mar 2016
    Listed for Rent $595 / 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.
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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Harris Partners Real Estate
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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.