359 Cleveland Street, Redfern, NSW 2016 | Property Value & History | OnTheHouse
 
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359 Cleveland Street
Redfern NSW 2016

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 132m2
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Property Details for 359 Cleveland St, Redfern

Building Type
Commercial
Land Size
132m2
Local Government
Sydney
Lot/Plan
B/DP438148

Last Listing description (May 2007)

Prominent shopfront in excellent position
This prominent property includes an approx 75sqm ground floor retail space plus a large unrenovated first floor with excellent potential. The expansive light-filled retail space includes a basement storage area, eat-in kitchen, external WC and storage area. The first floor comprises three rooms plus one bathroom, a kitchen and balcony. Possible conversion to sizeable apartment or office space with separate access. The property is ideal for those looking to occupy or investors seeking strong ongoing returns and capital growth.
* Land size approximately 120sqm (approx).

* Rear lane access, secure off-street parking and storage area.
* Prominent shopfront in excellent position with 2 street frontages.
* Existing tenant, potential to secure five year lease and achieve excellent returns.
* Flexible configuration, potential to further develop or to extend

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Property History for 359 Cleveland St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$3,250,000
01 Mar 2016
  • 01 Mar 2016
    Sold for $3,250,000
  • 13 Jun 2008
    Sold for $1,400,000
  • 27 Aug 2006
    Listed for Sale $795000
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About Redfern 2016

The size of Redfern is approximately 1.2 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Redfern in 2016 was 13213 people. By 2021 the population was 13072 showing a population decline of 1.1% in the area during that time. The predominant age group in Redfern is 30-39 years. Households in Redfern are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Redfern work in a professional occupation.In 2021, 35.10% of the homes in Redfern were owner-occupied compared with 33.50% in 2016.

Redfern has 7,998 properties. Over the last 5 years, Houses in Redfern have seen a 43.59% increase in median value, while Units have seen a 33.36% increase. As at 31 December 2025:

  • The median value for Houses in Redfern is $2,203,849 while the median value for Units is $1,217,903.
  • Houses have a median rent of $950 while Units have a median rent of $825.
There are currently 20 properties listed for sale, and 36 properties listed for rent in Redfern on OnTheHouse. According to Cotality's data, 271 properties were sold in the past 12 months in Redfern.

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