502/111 Quarry Street, Ultimo, NSW 2007 | Property Value & History | OnTheHouse
OFF MARKET

502/111 Quarry Street
Ultimo NSW 2007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 54m2
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Property Details for 502/111 Quarry St, Ultimo

502/111 Quarry St, Ultimo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 54m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2004
Floor Size
45m2
Land Size
54m2
Local Government
Sydney
Lot/Plan
102/SP73318

Last Listing description (January 2025)

An incredibly rare find within an exclusive building of just four unique residences. Stepping inside, you're welcomed by a seamless blend of brand new floorboards, fresh paint, and modern lighting, along with new fixtures, including a luxurious rainforest shower, all breathing new life into each space. Every detail has been thoughtfully considered to create a harmonious atmosphere, allowing you to enjoy the best of urban living with a refined and intimate touch.

-Boutique building with only 4 units, with lift access
-Private and secure entry discreetly located on Quarry Street

-Secluded, cozy, and inviting sanctuary hidden within the city
-The bedroom features a large built-in wardrobe and a private ensuite
-Thoughtfully designed to maximize space and natural light throughout
-Contemporary bathroom with premium fixtures and finishes, including a rainforest shower
-Estimated rental yield is approximately $750 per week
-Building facilities include a gym, on-site building manager, and ample visitor parking
-Secure complex with intercom access, lift, and private storage cage in a secured room
-Reserved parking spot conveniently located near the lift and a separate secure 3qm storage cage
-Located right next to Ian Thorpe Pool and the Light Rail stop, and just a short walk to the city and across the road from Darling Quarter, Chinese Gardens, ICC leading to Darling Quarter and the new IMAX, W Hotel and Darling Harbour districts

Whether you're looking for a stylish home or a prized investment, this rare listing presents the perfect balance of comfort, privacy, and proximity to Sydney's best offerings, the convenience is unparalleled.

Outgoings:
Water Rate: $179 p/q approx.
Council Rate: $260 p/q approx.
Strata Levy: $1,223 p/q approx.

Property History for 502/111 Quarry St, Ultimo, NSW 2007

A timeline of how this property has performed in the market
Last Sold
$723,000
27 Nov 2024
  • 27 Nov 2024
    Sold for $723,000
  • 01 Nov 2024
    Listed for Sale $723,000
  • 29 May 2024
    Listed for Sale Buyers guide $700,000 - $750,000
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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 6,557 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.