SOLD
Sold on 27 Sep 2024 for $625,000

47/27-51 Palmer Street
Woolloomooloo NSW 2011

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
Land area: 3013m2
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Property Details for 47/27-51 Palmer St, Woolloomooloo

47/27-51 Palmer St, Woolloomooloo is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 3013m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Woolloomooloo in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
45m2
Land Size
3013m2
Local Government
Sydney
Lot/Plan
47/SP65151

Last Listing description (October 2024)

Ideal for investors and first home buyers, this modern East facing apartment is positioned within the Galleria Building and is a short stroll to The Domain, Art Gallery of NSW, Woolloomooloo Wharf and the CBD. Features include:

- East facing aspect, bright and airy interiors,
- Gas kitchen, stone benchtops & breakfast bar,

- Elevated private leafy outlook, elevator access,
- Generous bedroom with built in wardrobe,
- Covered good size balcony, 2nd Juliette balcony,
- Modern bathroom with floor to ceiling tiling,
- Secure strata block, intercom, visitors parking,
- Convenient location, close proximity to the city.

Size - approx 54sqm
Strata - approx $1032pq

Contact Matthew Bognar for further details
on 0411 444 898 or by clicking 'email agent'

Property History for 47/27-51 Palmer St, Woolloomooloo, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$625,000
27 Sep 2024
Listed for Rent
11 Oct 2023
  • 03 Oct 2024
    Listed for Sale Sold by Matthew Bognar
  • 27 Sep 2024
    Sold for $625,000
  • 20 Sep 2023
    Listed for Rent - Price not available
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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 4,191 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.
There are currently 23 properties listed for sale, and 20 properties listed for rent in Woolloomooloo on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Woolloomooloo.

Suburb Insights for Woolloomooloo 2011

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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.