1/516 King StreetNewtown NSW 2042
Property Details for 1/516 King St, Newtown
1/516 King St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a floor size of 71m2.
Last Listing description (October 2022)
= HOLDING DEPOSIT RECEIVED = Perfectly nestled, this north-east facing apartment is ideally located in the heart of King Street, Newtown. Double brick building boasting fresh renovations and a short stroll to Newtown train station, this outstanding apartment is the perfect infusion of stylish design, location and affordability.
THE PROPERTY
= Two great sized bedrooms
THE FEATURES
= Large timber electric kitchen with plenty of storage
= Large combined living and dining leading to a spacious timber decking, perfect for our summer BBQs balcony
= As new paint and timber flooring throughout
= Internal laundry and intercom from street
THE AREA
= Located just moments to CBD transportation, local cafes and beautiful parks.
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Property History for 1/516 King St, Newtown, NSW 2042
- 04 Oct 2022Listed for Rent $550 / week
- 23 Apr 2020Listed for Rent $550 / week
- 21 Oct 2019Listed for Rent $600 / week
Recent sales nearby
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0About Newtown 2042
The size of Newtown is approximately 1.6 square kilometres. There are 18 parks, covering nearly 3.7% of the total area. The population of Newtown in 2016 was 15029 people. By 2021 the population was 14690 showing a population decline of 2.3% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newtown work in a professional occupation.In 2021, 40.70% of the homes in Newtown were owner-occupied compared with 38.50% in 2016.
Newtown has 9,351 properties. Over the last 5 years, Houses in Newtown have seen a 2.75% increase in median value, while Units have seen a 6.78% increase. As at 31 July 2026:
- The median value for Houses in Newtown is $1,852,184 while the median value for Units is $888,538.
- Houses have a median rent of $990 while Units have a median rent of $675.
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