OFF MARKET

91/19-23 Forbes Street
Woolloomooloo NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 17m2
Land area: 1837m2
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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.

Building Type
Unit
Year Built
1950
Floor Size
17m2
Land Size
1837m2
Local Government
Sydney
Lot/Plan
91/SP50964

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

A timeline of how this property has performed in the market
Last Sold
$325,000
25 Aug 2017
Listed for Rent
$330/w
21 Sep 2016
  • 25 Aug 2017
    Sold for $325,000
  • 14 Sep 2016
    Listed for Rent $330 / week
  • 07 Aug 2015
    Listed 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 4,085 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.

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.