OFF MARKET

624/16-20 Smail Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 98m2
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Property Details for 624/16-20 Smail St, Ultimo

624/16-20 Smail St, Ultimo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2005
Floor Size
98m2
Local Government
Sydney
Lot/Plan
81/SP74328

Last Listing description (May 2023)

Invitingly well appointed for contemporary living and flowing over two welcoming levels, this precise and well presented apartment is a home of comfort and convenience. Perfect for the professional couple or the discerning investor that seeks to capitalise on the best aspects of an inner city lifestyle.

- With a generous open plan lounge and dining area
- Split level living, cross ventilation, stunning city vistas

- Offering the potential of a substantial rental return
- Deluxe ceaser stone kitchen, stainless steel gas appliances
- Double master complete with built-ins and an ensuite
- Intercom security, protected balcony, internal laundry
- No more than moments to UTS, TAFE, Sydney University
- Secure underground parking with direct lift access
- Enjoy nearby Victoria Park & Glebe's waterfront walkways

Opening to expansive city skyline views and located simply a short walk to cafes, Haymarket restaurants, Spice Alley, museums, Broadway Shopping Centre, Chinatown and Pyrmont's Fish Markets, this inviting apartment is the perfect offering for those that seek a vibrant city lifestyle.

Outgoings:
Water Rates: $249 p/q approx.
Council Rates: $303 p/q approx.
Strata Levies: $1,715 p/q approx.

Property History for 624/16-20 Smail St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$975,000
20 Feb 2023
Listed for Rent
$550/w
11 Nov 2021
  • 20 Feb 2023
    Sold for $975,000
  • 31 Jan 2023
    Listed for Sale Auction
  • 08 Nov 2021
    Listed for Rent $550 / 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 6,540 properties. Over the last 5 years, Houses in Ultimo have seen a 31.67% increase in median value, while Units have seen a 2.22% increase. As at 31 August 2024:

  • The median value for Houses in Ultimo is $1,780,422 while the median value for Units is $711,218.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 48 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Ultimo.

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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.