2/503-511 King Street, Newtown, NSW 2042 | Property Value & History | OnTheHouse
 
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2/503-511 King Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 17 Aug 2026
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Property Details for 2/503-511 King St, Newtown

2/503-511 King St, Newtown is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1997
Local Government
Inner West
Lot/Plan
2/SP56115

Last Listing description (December 2023)

SECURE SPLIT-LEVEL APARTMENT IN NEWTOWN'S HEART

Centrally located yet impressively quiet, this well maintained lifestyle apartment enjoys direct access to buses, cafes, restaurants, shops and all that Newtown has to offer. The residence offers a split-level layout with good proportions and three balconies. It's set in a secure complex with a central garden court; an easy stroll to both St Peters Station and Newtown Station.
Interiors capture plenty of morning sunlight and the main bedroom enjoys far reaching views reaching over the treetops to the cityscape, including Centrepoint. There are Brand New Built-in Wardrobe in both bedrooms and new stove as well. The large open living and dining space flows through sliding glass doors to a covered entertaining terrace and both of the sizeable upper level bedrooms open to their own balconies.

The full main bathroom provides a separate bath and shower, while a separate dedicated internal laundry adjoins the well-kept, user-friendly kitchen. Complete with a secure undercover car space.

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Property History for 2/503-511 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$790,000
13 May 2022
  • 06 Dec 2023
    Listed for Rent $770 per week
  • 20 Sep 2022
    Listed for Rent $700
  • 04 May 2021
    Listed for Rent $580
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About 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 9,352 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.
There are currently 28 properties listed for sale, and 68 properties listed for rent in Newtown on OnTheHouse. According to Cotality's data, 332 properties were sold in the past 12 months in Newtown.

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© Copyright 2026. 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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The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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