408/62 Mountain StreetUltimo NSW 2007
Property Details for 408/62 Mountain St, Ultimo
408/62 Mountain St, Ultimo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 861m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in June 2011.
Last Listing description (July 2011)
AFFORDABLE INVESTMENT OPPORTUNITY IN THE QUADRANT
THIS WELL PRESENTED AND FUNCTIONAL 47SQM STUDIO APARTMENT IS SITUATED IN THE QUADRANT, CONVENIENTLY LOCATED ON THE CORNER OF MOUNTAIN STREET AND BROADWAY. THE APARTMENT HAS AN EAST FACING BALCONY, INTERNAL LAUNDRY, MODERN KITCHEN WITH STAINLESS STEEL APPLIANCES AND IS IN NEAR NEW CONDITION. THE QUADRANT FEATURES THE FOLLOWING; - ROOF-TOP POOL, SUN DECK AND GYM - 24 HOUR SECURITY ACCESS - GREAT LOCATION NEAR UTS, ULTIMO TAFE AND THE SOON TO BE CONSTRUCTED CENTRAL PARK - WELL PRESENTED AND MAINTAINED COMMON AREAS CURRENTLY LEASED AT $410 PER WEEK AND WITH EXCEPTIONALLY LOW LEVIES, THIS APARTMENT WOULD MAKE A GREAT ADDITION TO YOUR INVESTMENT PORTFOLIO, OR A PERFECT CITY PAD. PLEASE CONTACT CENTURY 21 CITY APARTMENTS FOR FURTHER DETAILS.
Property History for 408/62 Mountain St, Ultimo, NSW 2007
- 28 Jul 2011Listed for Sale $349,000
- 10 Jun 2011Listed for Sale $349,000
- 10 Jun 2011Sold for $340,000
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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 6,563 properties. Over the last 5 years, Houses in Ultimo have seen a 16.45% increase in median value, while Units have seen a -8.62% decrease. As at 31 December 2025:
- The median value for Houses in Ultimo is $1,673,395 while the median value for Units is $685,972.
- Houses have a median rent of $900 while Units have a median rent of $750.
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