OFF MARKET

7/19-23 Forbes Street
Woolloomooloo NSW 2011

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 69m2
Land area: 1837m2
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Property Details for 7/19-23 Forbes St, Woolloomooloo

7/19-23 Forbes St, Woolloomooloo is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 1837m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
1960
Floor Size
69m2
Land Size
1837m2
Local Government
Sydney
Lot/Plan
7/SP50964

Last Listing description (April 2018)

This neat two bedroom apartment offers exceptional value.

A rare find with 2 car spaces and an opportunity further add value.

It's situated by the pool with a northern exposure in a well maintained high security strata building.

Quietly located only minutes walk to the City's CBD, The Domain, Sydney's Harbour foreshore, restaurants, cafes, The Botanic Gardens, Sydney Opera House and The NSW Art Gallery.

- Affordable entry to the city North East with potential to improve capital gain.
- Easy rental location with good tenants in occupation.
- On site manager & CCTV High Security building.
- Garden courtyard, Pool & Well equipped common laundry.
- High income and growth location with major gentrification well underway.
- Quiet cul-de-sac with Local Park at one end.
- Convenient access to shops, transport & wide choice of local eateries.

Estimated outgoings:
Strata: $2302.80 pq
Water: $185.83 pq
Council:$175.00 pq

Property History for 7/19-23 Forbes St, Woolloomooloo, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$686,000
13 Nov 2015
Listed for Rent
$500/w
18 Jan 2015
  • 09 Sep 2024
    Sold
  • 13 Nov 2015
    Sold for $686,000
  • 20 Oct 2015
    Listed for Sale Most Affordable 2 Bedroom
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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 4,188 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 17 properties listed for rent in Woolloomooloo on OnTheHouse. According to CoreLogic's data, 132 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.