23/27-51 Palmer StreetWoolloomooloo NSW 2011
Property Details for 23/27-51 Palmer St, Woolloomooloo
23/27-51 Palmer St, Woolloomooloo is a 2 bedroom, 2 bathroom Unit and was built in 2001. The property has a land size of 3013m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (July 2023)
Auction Location: In room
A wide indoor/outdoor residence with striking CBD backdrops, this apartment feels uniquely connected to the city and Woolloomooloo's village surrounds. With house-like scale and 156 sqm on title, it's an oversized offering in the popular 'Galleria' building, with a large, covered pergola and motorised blinds creating a spectacular indoor/outdoor home. A short walk to Sydney's heart, the Botanic Gardens and the renowned dining of Woolloomooloo foreshore. Free Strata Report at bw.com.au.
Highlights
* Striking backdrops of Sydney CBD skyline
* House-like proportions, 156 sqm on title
* Huge outdoor terrace & wide/bright design
* In/outdoor flow, covered entertaining area
* Modern stone kitchen, bedroom ceiling fans
* Separate bedroom wings, built in wardrobes
* Main bathroom + ensuite + internal laundry
* D/washer, a/c throughout, building w/ lift
* Valuable parking space & storage shed
Property History for 23/27-51 Palmer St, Woolloomooloo, NSW 2011
- 06 Jun 2023Sold for $1,600,000
- 19 May 2023Listed for Sale Buyers guide $1,475,000
- 10 Jun 2014Listed for Sale SOLD - $855,000
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0About Woolloomooloo 2011
The size of Woolloomooloo is approximately 0.4 square kilometres. It has 9 parks covering nearly 4.6% of total area. The population of Woolloomooloo in 2011 was 3,715 people. By 2016 the population was 4,042 showing a population growth of 8.8% in the area during that time. The predominant age group in Woolloomooloo is 20-29 years. Households in Woolloomooloo are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Woolloomooloo work in a professional occupation. In 2011, 25% of the homes in Woolloomooloo were owner-occupied compared with 25.9% in 2016.
Woolloomooloo has 4,184 properties. Over the last 5 years, Houses in Woolloomooloo have seen a 7.10% increase in median value, while Units have seen a 14.93% increase. As at 31 October 2024:
- The median value for Houses in Woolloomooloo is $2,364,067 while the median value for Units is $1,250,259.
- Houses have a median rent of $895 while Units have a median rent of $765.
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