317/569-581 George Street, Sydney, NSW 2000 | Property Value & History | OnTheHouse
OFF MARKET

317/569-581 George Street
Sydney NSW 2000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 2595m2
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Property Details for 317/569-581 George St, Sydney

317/569-581 George St, Sydney is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 2595m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2001
Floor Size
90m2
Land Size
2595m2
Local Government
Sydney
Lot/Plan
317/SP65785

Last Listing description (January 2021)

North facing DUAL KEY in the popular Summit apartment right opposite World Square in Sydney. This one bedroom and spacious studio apartment is highly sought after by investors. Located on Level 24 this is the largest dual key and includes 1 car space on the title. 116 sqm on title according to contract.

The one bedroom has plenty of natural light and it features built in wardrobes, full bathroom with separate bathtub and shower. Open plan living and dining area, open kitchen featuring Gas cooktop and a spacious balcony for outdoor entertainment. Balcony overlooks city views.


The studio apartment is a spacious studio, with an open plan living whilst well separated with the bedroom near entry and separate living area next to the balcony. The studio also features a separate study alcove or dining area, open plan living and kitchen area. The studio apartment has carpets in the bedroom and tiles in living areas.

"The Summit" apartment building is located on George Street opposite World Square, convenient to restaurants, public transport, Coles, World Square and Chinatown.

Other features include:
- 1 secure car space
- Air conditioning
- 24 hour concierge
- Security building
- Intercom
- Indoor swimming pool, spa, games room, BBQ area and gymnasium

Great potential rental yield with the the combined apartments.

Approximate outgoings:
Strata levies: $2,471.18/pq (after 10% discount)
Council rates: $296.30/pq
Water rates: $178.45/pq

For more information or to arrange a private inspection contact robin@acpm.com.au

Virtual Tour: One Bedroom apartment - https://my.matterport.com/show/?m=ebRrEofhAqq

Virtual Tour: Studio apartment - https://my.matterport.com/show/?m=VmkyV2xtqB8

ACPM Real Estate Property Video: https://youtu.be/5i3KGM_ZJYg

Property History for 317/569-581 George St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$1,065,000
22 Oct 2020
  • 22 Oct 2020
    Sold for $1,065,000
  • 28 Sep 2020
    Listed for Sale UNDER CONTRACT
  • 17 Jun 2013
    Sold for $840,000
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About Sydney 2000

The size of Sydney is approximately 3.0 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2016 was 17252 people. By 2021 the population was 16667 showing a population decline of 3.4% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sydney work in a professional occupation.In 2021, 24.20% of the homes in Sydney were owner-occupied compared with 29.10% in 2016.

Sydney has 24,342 properties. Over the last 5 years, Houses in Sydney have seen a -8.89% decrease in median value, while Units have seen a 0.92% increase. As at 31 January 2026:

  • The median value for Houses in Sydney is $2,443,487 while the median value for Units is $1,077,152.
  • Houses have a median rent of $880 while Units have a median rent of $1,000.
There are currently 189 properties listed for sale, and 294 properties listed for rent in Sydney on OnTheHouse. According to Cotality's data, 667 properties were sold in the past 12 months in Sydney.

Suburb Insights for Sydney 2000

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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.