575 King Street, Newtown, NSW 2042 | Property Value & History | OnTheHouse
OFF MARKET

575 King Street
Newtown NSW 2042

Bedrooms: -
Bathrooms: -
Car spaces: 3
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Property Details for 575 King St, Newtown

Building Type
Commercial
Local Government
Inner West
Lot/Plan
3/DP204608

Last Listing description (March 2026)

WIDE KING STREET PRESENCE | RETAIL, SHOWROOM OR CREATIVE HQ

THE OPPORTUNITY
X Commercial is proud to exclusively present 575 King Street, Newtown - a blank canvas in the heart of one of Sydney's most iconic and tightly held retail strips. With soaring ceilings, a wide open-plan layout, and rear lane access to three secure car spaces, this 320sqm freehold offers endless potential for retail, showroom, medical, creative or commercial use (STCA). Zoned E1: Local Centre and surrounded by some of Newtown's most recognised operators, this is a chance to plant your brand in a high-traffic, high-exposure location with the footfall to match.

X MARKS THE SPOT

Positioned in the thick of the King Street action, and right next door to Newtown Central, this is a rare opportunity for operators looking for size, flexibility and serious street presence.

X-FACTORS
320sqm* of internal area inclusive of car spaces
E1: Local Centre zoning - flexible retail/commercial use
Wide frontage with excellent exposure to King Street
Rear lane access + 3 secure car spaces
High ceilings and open-plan layout
Short or long-term leasing options
(*Approx.)

Opportunities of this size, in this location, don't come up often - Enquire now to inspect.

Property History for 575 King St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$1,100,000
22 Feb 2001
  • 29 Oct 2025
    Listed for Rent - Price not available
  • 19 Oct 2022
    Listed for Rent $7500 Per Week Negotiable
  • 19 Jan 2022
    Listed for Rent $750 Per sqm
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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 9,349 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 27 properties listed for sale, and 79 properties listed for rent in Newtown on OnTheHouse. According to Cotality's data, 323 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 2042

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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.