OFF MARKET

55/27-51 Palmer Street
Woolloomooloo NSW 2011

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
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Property Details for 55/27-51 Palmer St, Woolloomooloo

55/27-51 Palmer St, Woolloomooloo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2001
Floor Size
72m2
Local Government
Sydney
Lot/Plan
55/SP65151

Last Listing description (March 2024)

A stylish renovation has transformed this penthouse residence into a private sanctuary on the city's fringe. Spread over two levels, enjoy 181sqm of indoor-outdoor living with spectacular views over the city skyline from the stunning 68sqm entertainment terrace. Fresh contemporary style, sunlit interiors and an open design evokes a house-like feel while a gourmet kitchen and designer bathrooms exudes luxury. Set on the top level of The Galleria, a modern security building, this private and airy apartment has level lift access to a lock up garage and ample visitor parking. A rare find just footsteps to the CBD, Botanic Gardens & Woolloomooloo Finger Wharf dining.

Features Include;

- Panoramic views to the city, harbour and Potts Point

- Stunning 68sqm alfresco entertainment terrace, travertine pavers
- Open plan living and dining areas flow to sunny balconies
- 2 home office areas with built-in desks and storage
- Caesarstone kitchen, gas cooktop, integrated appliances
- 2 double bedrooms with built ins and an ensuite
- 2 modern bathrooms; guest powder room
- Laundry with washtub; generous built-in storage
- R/c air-con, natural light, cross-flow ventilation
- Large lock-up garage, ample visitor parking, level lift access

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Property History for 55/27-51 Palmer St, Woolloomooloo, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$1,570,000
11 Feb 2021
Listed for Rent
$1.30k/w
04 Mar 2024
  • 04 Mar 2024
    Listed for Rent $1,300 / week
  • 24 May 2021
    Listed for Rent $1,050 / week
  • 11 Feb 2021
    Sold for $1,570,000
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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 4,085 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 16 properties listed for rent in Woolloomooloo on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Woolloomooloo.

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