1908/98 Gloucester Street, The Rocks, NSW 2000 | Property Value & History | OnTheHouse
OFF MARKET

1908/98 Gloucester Street
The Rocks NSW 2000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 1908/98 Gloucester St, The Rocks

1908/98 Gloucester St, The Rocks is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Sydney

Last Listing description (September 2024)

Phone Enquiry ID: 227090

Offered directly from the owner without an agent. A prize Mid-Rise apartment in the Quay West building above The Rocks and Circular Quay.

This so-comfortable one-bedroom apartment has an extensive living room and bedroom/office, quality granite kitchen, marble bathroom, separate internal laundry room, useful hallway and, best of all, sweeping views of the western harbour from the living room and bedroom, and the bustling George Street district. It's high above the city, on the quiet 19th level, and is unexpectedly big, at 64 sq m.

You or your guest can live in your own Quay West apartment in style, with all the convenience and opportunities of the Sydney CBD, Australia's equivalent of tbe Wall Street district. Or rent it out for about $900-$1000 a week long-term, or $1300 short-term. Recommended for the resident, investor, businessperson or anyone else seeking a city base.

Walk to the big stores and supermarkets, Opera House, Botanic Garden and Art Gallery, Barangaroo, libraries and theatres, and the many bars, clubs, restaurants or food courts. Or just take the tram, train, bus or ferry.

This is a tightly held stratum with less than 2 per cent of apartments sold each year in a prestige building of proven quality. This one comes furnished or not.

You have access to view the whole harbour outside on a common terrace, where these is a pool, gym, spa, and sauna.

There is an in-house restaurant and bar which provides room service, and a concierge and a reception desk. Cleaning and maintenance is available.

Quay West Mid-Rise is in the hands of a top building manager, Accor, and strata manager, McCormacks, and is led by a pro-active Owners Corporation focused on enhancing apartment values. Prices are rising.

Property History for 1908/98 Gloucester St, The Rocks, NSW 2000

A timeline of how this property has performed in the market
  • 10 Sep 2024
    Listed for Sale Not Disclosed
  • 05 Apr 2024
    Listed for Sale $1,250,000 $1,350,000
  • 07 Mar 2024
    Listed for Sale $1,200,000
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About The Rocks 2000

The size of The Rocks is approximately 0.2 square kilometres. It has 7 parks covering nearly 14.0% of total area. The population of The Rocks in 2016 was 774 people. By 2021 the population was 629 showing a population decline of 18.7% in the area during that time. The predominant age group in The Rocks is 30-39 years. Households in The Rocks are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in The Rocks work in a professional occupation.In 2021, 37.40% of the homes in The Rocks were owner-occupied compared with 43.60% in 2016.

The Rocks has 1,400 properties. Over the last 5 years, Houses in The Rocks have seen a 523.53% increase in median value, while Units have seen a 22.99% increase. As at 31 December 2025:

  • The median value for Houses in The Rocks is $3,711,992 while the median value for Units is $1,739,463.
  • Units have a median rent of $1,500.
There are currently 5 properties listed for sale, and 3 properties listed for rent in The rocks on OnTheHouse. According to Cotality's data, 38 properties were sold in the past 12 months in The rocks.

Suburb Insights for The Rocks 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.