248 Glebe Point Road, Glebe, NSW 2037 | Property Value & History | OnTheHouse
 
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248 Glebe Point Road
Glebe NSW 2037

Bedrooms: 8
Bathrooms: 8
Car spaces: 3
Land area: 357m2
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Last updated 15 Dec 2025
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Property Details for 248 Glebe Point Rd, Glebe

248 Glebe Point Rd, Glebe is a 8 bedroom, 8 bathroom House with 3 parking spaces. The property has a land size of 357m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Land Size
357m2
Local Government
Sydney
Lot/Plan
1/DP935647

Last Listing description (April 2022)

Set on a generous block of approx. 360sqm within the prestigious Toxteth Estate, this large semi-detached tri-level terrace is on one title and has been with the same family for many decades. Ideally situated on Glebe's "High Street" and currently configured as 6 self-contained apartments, this unique property offers the astute purchaser such opportunities as:

- Upgrading the existing apartments to improve their rent return
- Adapting the current floorplan to create a mix of luxurious strata apartments (STCA)

- Unwrapping its exterior and renovating the interior to reveal the substantial Victorian Federation family residence hidden within (STCA).

Original features retained include marble fireplace, rich timber floors and lofty ceilings with ornate cornices and picture rails. The property has a northerly-east aspect and enjoys sunshine throughout the day. The rear of the dwelling offers uninterrupted leafy views towards Annandale.

The site has valuable rear access to Allen Lane affording 2 off street parking spots plus a lock up garage.

When fully occupied the gross return in the current market would total approximately $2,440 per week.

Minutes' walk to the Light Rail Station, St Scholastica College, Jubilee AFL/Cricket Oval and the iconic culinary/retail centre known as The Tramsheds.a true favourite with the locals. Opposite is a city bus stop and the award-winning Glebe Point Diner whilst literally at the end of the street is the foreshore walk/cycleway which takes you along beautiful Blackwattle Bay to the site of the new Sydney Fish Markets.

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Property History for 248 Glebe Point Rd, Glebe, NSW 2037

A timeline of how this property has performed in the market
Last Sold
$3,510,000
15 Feb 2022
Listed for Rent
$350/w
24 Jun 2011
  • 15 Feb 2022
    Sold for $3,510,000
  • 27 Oct 2021
    Listed for Sale For Sale $3,590,000
  • 01 Sep 2020
    Listed for Rent $420 / week
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About Glebe 2037

The size of Glebe is approximately 1.7 square kilometres. It has 14 parks covering nearly 17.1% of total area. The population of Glebe in 2016 was 11532 people. By 2021 the population was 11680 showing a population growth of 1.3% in the area during that time. The predominant age group in Glebe is 20-29 years. Households in Glebe are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glebe work in a professional occupation.In 2021, 35.10% of the homes in Glebe were owner-occupied compared with 34.80% in 2016.

Glebe has 8,009 properties. Over the last 5 years, Houses in Glebe have seen a 49.11% increase in median value, while Units have seen a 26.72% increase. As at 30 November 2025:

  • The median value for Houses in Glebe is $2,627,540 while the median value for Units is $1,248,948.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 20 properties listed for sale, and 32 properties listed for rent in Glebe on OnTheHouse. According to Cotality's data, 235 properties were sold in the past 12 months in Glebe.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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