228/71 Jones Street, Ultimo, NSW 2007 | Property Value & History | OnTheHouse
 
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228/71 Jones Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 48m2
Land area: 9082m2
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Property Details for 228/71 Jones St, Ultimo

228/71 Jones St, Ultimo is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 9082m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
2009
Floor Size
48m2
Land Size
9082m2
Local Government
Sydney
Lot/Plan
228/SP80571

Last Listing description (March 2025)

Experience the epitome of city living in this stylishly designed studio apartment nestled in the vibrant neighborhood of Ultimo. Perfect for the modern professional or a savvy investor, this apartment offers a seamless blend of comfort and convenience.

- Open-plan living that maximizes space, with a cozy sleeping alcove and ample room for both relaxation and dining
- A contemporary kitchen equipped with high-end appliances and a chic bathroom featuring modern fixtures

- Facilities are a state-of-the-art gym and a tranquil indoor pool with an attached spa area
- Apartment comes with a study space and a 3 sqm storage cage in the basement area
- An intimate terrace space, providing a peaceful outdoor retreat amidst the city buzz
- Situated within walking distance to top universities, local cafes, shops, CBD and public transportation

Outgoings:

Strata Levy: $1,217per quarter
Council Rate: $308 per quarter
Water Rate: $178 per quarter

This Ultimo studio is a gem that offers a low-maintenance living space with all the amenities needed for a comfortable and active urban life. Whether you're starting your homeownership journey or looking to add to your investment.

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Property History for 228/71 Jones St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$550,000
06 Sep 2024
Listed for Rent
$460/w
18 Jul 2022
  • 06 Sep 2024
    Sold for $550,000
  • 06 Mar 2024
    Listed for Sale $550,000
  • 29 Jun 2022
    Listed for Rent - Price not available
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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 6,559 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 53 properties listed for sale, and 67 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 210 properties were sold in the past 12 months in Ultimo.

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© Copyright 2025. 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.

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.

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