SOLD
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Sold on 28 Sep 2024 for $700,000

7/558 Jones Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
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Property Details for 7/558 Jones St, Ultimo

7/558 Jones St, Ultimo is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Apartment sold in Ultimo in the last 12 months.

Building Type
Apartment
Floor Size
63m2
Local Government
Sydney
Lot/Plan
7/SP50164

Last Listing description (September 2024)

Parkside living and urban convenience come together in this modern security apartment to make a superb city pad or investment between Darling Harbour and the university precinct. Overlooking Mary Ann Street Park at the cul-de-sac end of the street, the neat and tidy one-bedroom apartment offers a tranquil retreat from the fast pace of city living with level lift access to secure parking. Set in The Charlotte, a well-maintained security block, the well-proportioned apartment features secure level access to the building's gym and lift access to a common rooftop terrace. Convenient and connected, it's a short walk across the park to UTS and Central Park mall and 650m to Broadway's retail hub assuring ultimate convenience as well as strong rental demand.

- Well-maintained security building with level lift access
- Clean lines, great layout and unobstructed park views

- Large bedroom with built-ins and a tranquil leafy outlook
- Open plan living with a balcony overlooking the park
- Wide open views to UTS and the landmark Central Park
- Granite gas kitchen with a dishwasher, internal laundry
- White-tiled bathroom with a bath, undercover parking
- Residents gym on the same floor and a common rooftop
- Easy access to the CBD, 650m walk to Darling Square
- Walk to Victoria Park's open-air pool and Sydney University
- Rates: Water $179pq, Council $399pq, Strata $973pq (All approx.)

Contact Moira Verheijen 0414 343 995

Our recommended loan broker: Tommy Nguyen (www.loanmarket.com.au/tommy-nguyen)

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Property History for 7/558 Jones St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$700,000
28 Sep 2024
Listed for Rent
09 Jan 2024
  • 28 Sep 2024
    Sold for $700,000
  • 21 Aug 2024
    Listed for Sale SOLD - $700,000
  • 01 Dec 2023
    Listed for Rent - Price not available
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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 6,495 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 34 properties listed for sale, and 54 properties listed for rent in Ultimo on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Ultimo.

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Moira Verheijen
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Ray White Erskineville, Alexandria and Surry Hills
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