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 land size of 75m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in February 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
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.
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:
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