2/29 Mountain Street, Ultimo, NSW 2007 | Property Value & History | OnTheHouse
OFF MARKET

2/29 Mountain Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 360m2
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Property Details for 2/29 Mountain St, Ultimo

2/29 Mountain St, Ultimo is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 360m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2000
Floor Size
69m2
Land Size
360m2
Local Government
Sydney
Lot/Plan
2/SP61741

Last Listing description (June 2016)

Secure a spacious retreat in a fantastic inner city setting. Part of a boutique building, 'The Kennedy' apartment features expansive open plan living interiors which stretch out to a large terrace entertaining area. Ultra-convenient, the property takes its place just one block from Broadway Shopping Centre and is surrounded by a sensational selection of cafes, bars and restaurants. The desirable property is also just a brief stroll from Sydney University, UTS, Victoria Park, Wentworth Park and Central Station.
* Two double bedrooms with built-in wardrobes, 2nd with built-in desk
* Casual dining area, oversized living room extending to covered terrace

* Fully tiled bathroom with bath/shower, internal laundry with clothes dryer
* Generous open plan kitchen with granite bench tops and breakfast bar
* Approx 14 sqm terrace capturing afternoon sun and a pleasant street outlook
* High ceilings, freshly painted, lift access, security intercom
* Secure under cover parking accessed from Mountain Lane
* Outstanding investment opportunity in highly sought-after rental location
* Unit size 85 sqm + 14 sqm secure parking

Property History for 2/29 Mountain St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$805,000
06 Apr 2016
  • 06 Apr 2016
    Sold for $805,000
  • 09 Mar 2016
    Listed for Sale Not Disclosed
  • 04 Jan 2002
    Sold for $367,500
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About Ultimo 2007

The size of Ultimo is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.1% of total area. The population of Ultimo in 2016 was 8845 people. By 2021 the population was 7410 showing a population decline of 16.2% in the area during that time. The predominant age group in Ultimo is 20-29 years. Households in Ultimo are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ultimo work in a professional occupation.In 2021, 24.60% of the homes in Ultimo were owner-occupied compared with 25.00% in 2016.

Ultimo has 6,557 properties. Over the last 5 years, Houses in Ultimo have seen a 10.70% increase in median value, while Units have seen a -5.81% decrease. As at 30 November 2025:

  • The median value for Houses in Ultimo is $1,668,761 while the median value for Units is $706,429.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 47 properties listed for sale, and 68 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 214 properties were sold in the past 12 months in Ultimo.

Suburb Insights for Ultimo 2007

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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.