672 Bourke StreetRedfern NSW 2016
Property Details for 672 Bourke St, Redfern
672 Bourke St, Redfern is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (August 2024)
Holding extraordinary appeal for investors and owner-occupiers alike in a buzzing Bourke Street pocket, this zoned mixed use (MU1) property presents boundless potential and possibilities for numerous business, commercial and residential endeavours. Occupying a substantial 120sqm block with rear lane access to secure parking, it currently comprises a successful business with its own entrance at the street level attracting excellent foot traffic. Also boasting a great investment with a healthy business currently leasing a 32sqm retail space at the front of the property and based off the $775pw rental income, this allows for roughly $400k extra borrowing power. To the rear is a tri-level three-bedroom residence offering tastefully renovated interiors, quality finishes and an abundance of natural light. Explore the potential to reside in the main property and receive extra passive income from the lower-level business or recreate/renovate one outstanding urban residence (STCA). It is exceptionally located within footsteps of village shops, boutiques and cafes, buses, Crown Street, the upcoming TOGA Development and Moore Park.
- Tri-level designer terrace bathed in natural light
- Open living/dining enjoys seamless outdoor flow
- Sleek stone kitchen, Smeg gas cooktop, dishwasher
- Well-proportioned bedrooms with built-in wardrobes
- Stylish bathroom, powder room, concealed laundry
- Front/rear beds enjoy access to breezy balconies
- Extensive custom storage, upper-level loft bedroom
- Polished concrete floors on lower level, skylights
- Convenient rear lane access to off-street parking
- Successful business with kitchenette and bathroom
- Outstanding investment with strong rental return
- Reside in main property/receive passive income
- Recreate one outstanding urban sanctuary (STCA)
Property History for 672 Bourke St, Redfern, NSW 2016
- 21 Jun 2024Sold for $2,730,000
- 08 May 2024Listed for Sale Sold by Charles Touma
- 13 Jan 2021Sold
Recent sales nearby
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0About 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 8,009 properties. Over the last 5 years, Houses in Redfern have seen a 33.90% increase in median value, while Units have seen a 29.26% increase. As at 31 March 2026:
- The median value for Houses in Redfern is $2,264,961 while the median value for Units is $1,215,854.
- Houses have a median rent of $1,075 while Units have a median rent of $850.
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