502/56-58 Bay StreetUltimo NSW 2007
Property Details for 502/56-58 Bay St, Ultimo
502/56-58 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 1269m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2014.
Last Listing description (April 2018)
Embracing the light of a northern aspect and occupying a private top floor setting in a low maintenance security building, this superb apartment defines convenient inner city living just a stroll to regular transport, universities and village amenities.
- Bright and presented for a carefree contemporary lifestyle
- With a spacious sun filled open plan lounge and dining area
- Massive private deck is perfect for alfresco entertaining
- Double bedrooms, master claims a walk-in robe and ensuite
- Deluxe kitchen, CaesarStone benches, Smeg gas appliances
- Security intercom, lift, undercover parking, pool and gym
- Polished floors, air conditioning, storage, internal laundry
- Just ideal for the first time owner or discerning investor
- No more than a short walk to Central Station, Chinatown
- Moments to King Street shops and Glebe Point Road cafes
Strata levies $1,847pq
Property History for 502/56-58 Bay St, Ultimo, NSW 2007
- 13 Apr 2014Listed for Sale SOLD - $840,000
- 22 Feb 2014Sold for $840,000
- 23 Jul 2001Sold for $540,000
Recent sales nearby
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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 6,539 properties. Over the last 5 years, Houses in Ultimo have seen a 23.81% increase in median value, while Units have seen a -4.66% decrease. As at 28 February 2026:
- The median value for Houses in Ultimo is $1,663,827 while the median value for Units is $701,193.
- Houses have a median rent of $898 while Units have a median rent of $750.
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