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Sold on 13 Mar 2024 for $399,000

48/19-23 Forbes Street
Woolloomooloo NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: 1
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Property Details for 48/19-23 Forbes St, Woolloomooloo

48/19-23 Forbes St, Woolloomooloo is a bedroom, 1 bathroom Studio with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other bedroom Studio sold in Woolloomooloo in the last 12 months.

Building Type
Studio
Local Government
Sydney
Lot/Plan
48/SP50964

Last Listing description (March 2024)

This studio unit with undercover car space in the ‘ASTOR’ is located quietly in a cul-de-sac, bounded by a leafy park. Ideally positioned just 250 metres from the Harbour foreshore and "Finger Wharf”, to enjoy the sophisticated appeal of Woolloomooloo and city fringe convenience. This affordable studio is in a bright position on the 1st floor of the "Astor" building with a secure undercover car space. 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, and 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. The studio unit is currently leased for $300 per week & the car space is separately leased for $60 per week.

-Highly secure building with CCTV & On-site building manager
-Secure undercover car space

-Large built-in robe
-Garden courtyard & Outdoor pool.
-Well-equipped common laundry.
-Ideal starter with good potential to improve & potential for higher returns.

*Water Rate - $178.42 pq approx.
*Council Rate - $255.10 pq approx.
*Strata Levy - $1,262.00 pq approx. Strata report available upon request.

Property History for 48/19-23 Forbes St, Woolloomooloo, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$399,000
13 Mar 2024
Listed for Rent
$250/w
09 Nov 2020
  • 13 Mar 2024
    Sold for $399,000
  • 22 Jan 2024
    Listed for Sale Not Disclosed
  • 26 Aug 2020
    Listed for Rent $250 / week
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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 4,192 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 25 properties listed for sale, and 20 properties listed for rent in Woolloomooloo on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Woolloomooloo.

Suburb Insights for Woolloomooloo 2011

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Luke Veron
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Luke S Veron
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Charles & Stuart Real Estate
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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.