OFF MARKET

40/27-51 Palmer Street
Woolloomooloo NSW 2011

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
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Property Details for 40/27-51 Palmer St, Woolloomooloo

40/27-51 Palmer St, Woolloomooloo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2000
Floor Size
90m2
Local Government
Sydney
Lot/Plan
40/SP65151

Last Listing description (October 2024)

A two-level home of house-like proportions with iconic Sydney views, this residence is part of the well regarded 'Galleria Apartments', tucked away behind the Domain on the edge of the CBD. With some of the city's best-known landmarks lighting up the outlooks from all rooms, it's a home of scale and convenience with plenty of wow factor.

Highlights
* Modern house-style 2-level apartment

* Whole floor living w/ timber floorboards
* Modern gas kitchen & internal laundry
* 2 bedrooms w/ built-in robes + A/C
* Main bathroom w/ tub + master ensuite
* Concertina doors to the private balcony
* Lift access, parking w/ large storage area
* Easy walk through Hyde Park to the city
* Sydney's best dining on your doorstep
* A lifestyle address adj. CBD & harbour

Property History for 40/27-51 Palmer St, Woolloomooloo, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$1,420,000
18 Aug 2023
Listed for Rent
$1.05k/w
06 Oct 2023
  • 01 Oct 2024
    Listed for Rent $1,150 / week
  • 03 Oct 2023
    Listed for Rent $1,050 / week
  • 18 Aug 2023
    Sold for $1,420,000
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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.

Suburb Insights for Woolloomooloo 2011

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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.