617/16-20 Smail StreetUltimo NSW 2007
Property Details for 617/16-20 Smail St, Ultimo
617/16-20 Smail St, Ultimo is a 1 bedroom, 1 bathroom Unit and was built in 2005. The property has a land size of 75m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Ultimo in the last 12 months.
Last Listing description (September 2024)
Wrapped in urban views and outdoor space, this apartment makes an enviable city home on the edge of Broadway in the heart of the university precinct. It's rare to find a one-bedroom home with this much natural light and cross-breeze, including balcony access from both rooms. Part of the admired 'Fusion' development with its common roof terrace and overall sense of quality.
Highlights
* Wraparound balcony totalling 21sqm
* Floor-to-ceiling city views, cross-breeze
* Gas cooking, dish drawer, stone benchtop
* Generous bedroom with built-in robe
* Concealed laundry, external storage
* Shared roof terrace with city skyline views
* Secure entry, lift, steps to Broadway Centre
* Walk to UTS or Sydney Uni, train, harbour
* Free Strata Report available: bw.com.au
Property History for 617/16-20 Smail St, Ultimo, NSW 2007
- 15 Aug 2024Sold for $742,000
- 01 Aug 2024Listed for Sale Not Disclosed
- 20 Mar 2023Listed for Sale SOLD
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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.
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