OFF MARKET

38/19-23 Forbes Street
Woolloomooloo NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 21m2
Land area: 1837m2
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Property Details for 38/19-23 Forbes St, Woolloomooloo

38/19-23 Forbes St, Woolloomooloo is a 0 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 1837m2 and floor size of 21m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1965
Floor Size
21m2
Land Size
1837m2
Local Government
Sydney
Lot/Plan
38/SP50964

Last Listing description (July 2023)

(Entrance via Plunkett Street, off Bourke St.)
Quietly located in cul-de-sac bounded by a leafy park and ideally positioned just 250 metres from the Harbour foreshore and "Finger Wharf", situated to enjoy the sophisticated appeal of Woolloomooloo and city fringe convenience.
This affordable studio is located in a bright position on the first-floor garden level of the "Astor" building.

It benefits from a supremely accessible lifestyle, in a premier harbourside suburb, neighboured by the Domain, the Harbour foreshore, fine dining restaurants, cafes, Botanic Gardens, St Mary's Cathedral. Opera House, NSW Art Gallery and is less than 900 metres walk to Macquarie St and on to the City's CBD.

Estimated Outgoings:
Council Rates $245.70 Per Quarter
Water Rates $ 153.89 Per Quarter
Strata Levies $913 Per Quarter

Strata report is available upon request.

Additional Features:
- Large Built-in Robe
- On site manager & CCTV High-Security building.
- Garden courtyard & Pool.
- Well equipped common laundry room.
- Ideal starter with good potential to improve & potential for higher returns.

Property History for 38/19-23 Forbes St, Woolloomooloo, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$335,000
27 May 2022
Listed for Rent
$250/w
17 Mar 2021
  • 08 Jun 2023
    Listed for Sale Not Disclosed
  • 27 May 2022
    Sold for $335,000
  • 01 Mar 2022
    Listed for Sale $359,000
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About 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 4,088 properties. Over the last 5 years, Houses in Woolloomooloo have seen a 42.57% increase in median value, while Units have seen a 15.09% increase. As at 31 August 2024:

  • The median value for Houses in Woolloomooloo is $2,691,083 while the median value for Units is $1,224,121.
  • Houses have a median rent of $895 while Units have a median rent of $750.
There are currently 22 properties listed for sale, and 18 properties listed for rent in Woolloomooloo on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Woolloomooloo.

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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.