302/56-58 Bay Street, Ultimo, NSW 2007 | Property Value & History | OnTheHouse
OFF MARKET

302/56-58 Bay Street
Ultimo NSW 2007

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Land area: 95m2
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Property Details for 302/56-58 Bay St, Ultimo

302/56-58 Bay St, Ultimo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 95m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2001
Floor Size
68m2
Land Size
95m2
Local Government
Sydney
Lot/Plan
18/SP64040

Last Listing description (July 2024)

Urban convenience meets resort-style living in this custom renovated apartments in a secure warehouse conversion opposite Broadway's retail and entertainment hub in the heart of downtown Glebe. Set on the north-west corner of Q Apartments, the bright and airy third floor apartment has been tastefully renovated with a designer island kitchen at its heart and a north-facing entertainer's terrace for dining alfresco. Featuring lift access to secure parking, the two-bedroom apartment comes with access to a newly renovated gym and sunny outdoor pool offering a quiet retreat from the fast pace of city living. Superbly located between Victoria Park and Wentworth Park with Sydney Grammar School around the corner, this connected city fringe lifestyle hub offers walk everywhere convenience within easy reach of UTS, Notre Dame University and the University of Sydney.

- A superb location offering city living with a village feel
- Level 3 with secure lift access, sunny NW corner position

- Sustainable walnut bamboo floors, generous proportions
- 2 double bedrooms with built-ins, double-glazed windows
- Large main bedroom with balcony access, reverse cycle air
- Caesarstone kitchen, breakfast island with a waterfall edge
- Sunlit living and dining opens to a north-facing terrace
- Stylish updated bathroom with a bath, stone-topped vanity
- Separate custom-fitted laundry with storage, shoe cupboard
- Secure undercover parking with Space Commander storage
- Newly upgraded gym, sunny pool and entertainer's terrace
- Footsteps to Broadway's shopping and entertainment hub
- Walk to Glebe village and down to Blackwattle Bay foreshore
- Easy access to the CBD and Darling Harbour attractions
- Rates: Water $185pq, Council $295pq, Strata $2030pq (All approx.)

Contact Matthew Carvalho 0404 006 744
George Pavlidis 0406 167 738

Our recommended loan broker: Tommy Nguyen (www.loanmarket.com.au/tommy-nguyen)

Property History for 302/56-58 Bay St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$1,250,000
30 May 2024
  • 03 Mar 2025
    Sold
  • 30 May 2024
    Sold for $1,250,000
  • 18 May 2024
    Listed for Sale SOLD
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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 6,538 properties. Over the last 5 years, Houses in Ultimo have seen a 10.64% increase in median value, while Units have seen a 6.73% increase. As at 31 March 2026:

  • The median value for Houses in Ultimo is $1,575,706 while the median value for Units is $779,214.
  • Houses have a median rent of $1,098 while Units have a median rent of $750.
There are currently 42 properties listed for sale, and 38 properties listed for rent in Ultimo on OnTheHouse. According to Cotality's data, 230 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.