508/62 Alice Street, Newtown, NSW 2042 | Property Value & History | OnTheHouse
OFF MARKET

508/62 Alice Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 76m2
Land area: 116m2
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Property Details for 508/62 Alice St, Newtown

508/62 Alice St, Newtown is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a land size of 116m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2016
Floor Size
76m2
Land Size
116m2
Local Government
Inner West
Lot/Plan
183/SP88894

Last Listing description (September 2026)

Welcome to this exceptional Level 5 penthouse in the renowned 'Industri' complex, a boutique development designed by award-winning architects SJB in the heart of vibrant Newtown. Offering a desirable dual-aspect layout, contemporary interiors and beautifully landscaped communal gardens, this sophisticated residence combines privacy and tranquillity with an enviable inner-city lifestyle.

A standout feature is the private lift access, with the elevator opening directly into the apartment, a rare level of privacy and convenience in apartment living. The open-plan living and dining area flows through floor-to-ceiling glass doors to a generous entertainer's balcony with sweeping district views, while both bedrooms share direct access to a second private balcony. It's all just moments from King Street's cafs, restaurants, bars and boutiques, with transport, schools and everyday conveniences close by.

Apartment Features:

Private lift access directly into the apartment for exceptional privacy and security
Dual-aspect layout with sweeping district views, excellent natural light and airflow
Open-plan living and dining flowing to a sun-drenched entertainer's balcony
Second private balcony with direct access from both bedrooms
Two spacious bedrooms with built-in wardrobes; master with deluxe ensuite
Designer kitchen with Caesarstone benchtops, integrated European appliances and generous pantry space
Two sleek modern bathrooms finished with contemporary finishes
Ducted air-conditioning, internal laundry with dryer, NBN available
Timber flooring to living and dining areas, carpet to bedrooms
Security building with intercom access, secure car space and bonus storage cage
Situated in the heart of Newtown, steps from renowned restaurants, cafs, bars, and boutique shopping

For any enquiries or to arrange an Inspection:
Cheney Zhang
0459 824 158
cheney.zhang@onespaceproperty.com.au

OneSpace Property has taken care to ensure the accuracy of property details, however, information should be used as a guide only. We encourage prospective tenants to conduct their own enquiries.

Property History for 508/62 Alice St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$970,000
06 Jan 2021
Listed for Rent
$750/w
27 Nov 2020
  • 24 Aug 2026
    Listed for Rent $1,150 / week
  • 05 Jan 2026
    Listed for Rent $1,060 / week
  • 06 Jan 2021
    Sold for $970,000
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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 -2.30% decrease in median value, while Units have seen a 1.64% increase. As at 31 August 2026:

  • The median value for Houses in Newtown is $1,804,620 while the median value for Units is $874,269.
  • Houses have a median rent of $990 while Units have a median rent of $680.
There are currently 25 properties listed for sale, and 74 properties listed for rent in Newtown on OnTheHouse. According to Cotality's data, 308 properties were sold in the past 12 months in Newtown.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
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.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.