42A/569-581 George Street, Sydney, NSW 2000 | Property Value & History | OnTheHouse
 
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42A/569-581 George Street
Sydney NSW 2000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 2 Feb 2026
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Property Details for 42a/569-581 George St, Sydney

42a/569-581 George St, Sydney is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Sydney

Last Listing description (June 2022)

North facing DUAL KEY in the popular "The Summit" apartment building directly opposite World Square in Sydney. This One Bedroom plus One Spacious Studio apartment is highly sought after by investors. Located on Level 11 this is a great size dual key and includes One Car Space on the title. 114 sqm on title according to contract.

See the 3D Virtual Tour - https://my.matterport.com/show/?m=15TqUrMr5RL

See the Video Tour 42A (one bedroom) - https://www.youtube.com/watch?v=Q0G0atPZZ64
See the Video Tour 42B (studio) - https://www.youtube.com/watch?v=3CSipTAjCjA

Great potential rental income - 1 bedder with car space:- $590 and studio:- $460/pw.
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 comes with open plan living and kitchen area and a very large bathroom. 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

Approximate outgoings:
Strata levies: $2,330 pq (after 10% discount)
Council rates: $299/pq
Water rates: $155/pq

For more information or to arrange a private inspection contact robin@acpm.com.au or 0410 503 868

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Property History for 42a/569-581 George St, Sydney, NSW 2000

A timeline of how this property has performed in the market
  • 10 May 2022
    Listed for Sale $1.15 to $1.2 million
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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 -25.68% decrease in median value, while Units have seen a -0.11% decrease. As at 31 December 2025:

  • The median value for Houses in Sydney is $1,439,062 while the median value for Units is $1,077,930.
  • Houses have a median rent of $850 while Units have a median rent of $1,000.
There are currently 187 properties listed for sale, and 297 properties listed for rent in Sydney on OnTheHouse. According to Cotality's data, 672 properties were sold in the past 12 months in Sydney.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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