91/19-23 Forbes StreetWoolloomooloo NSW 2011
Property Details for 91/19-23 Forbes St, Woolloomooloo
91/19-23 Forbes St, Woolloomooloo is a 0 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1837m2 and floor size of 17m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
Last Listing description (April 2018)
This affordable Studio is neat and presentable while offering potential to improve and add value. It's situated in a quiet position with a Northern exposure in a popular well maintained security strata building.
Located only minutes walk to the City's CBD, The Domain, Harbour foreshore, fine dining restaurants, cafs, The Botanic Gardens, Sydney Opera House and The NSW Art Gallery.
This is an ideally located and very affordable City pad, perfect to use as a Sydney base, a top investment and a great fit for most Super Funds.
Market Rent: $265.00 Per Week
Gross Yield of 8.10% or 4.66% Net
- Affordable entry to the city east with potential to improve capital gain.
- Affordable rental within minutes walk to the CBD
- Easy rental location
- hot water & plumbing (included in the levies)
- On site manager & CCTV Security building.
- Garden courtyards, Pool & Well equipped common laundry.
- High income and growth location
- Quiet street with convenient access to shops and transport & facilities.
Property History for 91/19-23 Forbes St, Woolloomooloo, NSW 2011
- 25 Aug 2017Sold for $325,000
- 14 Sep 2016Listed for Rent $330 / week
- 07 Aug 2015Listed for Rent $310 / 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 4,188 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.
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