153 Forbes StreetWoolloomooloo NSW 2011
Property Details for 153 Forbes St, Woolloomooloo
153 Forbes St, Woolloomooloo is a 1 bedroom, 6 bathroom House. The property has a land size of 181m2. While the property is not currently for sale or for rent, it was last sold in December 2013.
Last Listing description (September 2013)
Two imposing terraces on two titles both enjoying enormous approx 7.5m frontages and located on a highly exposed prime corner position at the top end of Forbes Street, 50m just off William Street.
Currently the properties are interconnecting with massive proportions and offers 19 rooms over 4 levels, operating as a very popular well-known and established G'Day backpackers.
Currently for 100 beds the property enjoys high occupancy and located close to all popular amenities including cafes, restaurants, train station, bus transport and city.
Formerly the property has been operated as a boutique accommodation/restaurant and the well renowned Forbes Club Icon.
The property offers mixed use zoning and is ideally suited to run as either budget/boutique accommodation or office/residential conversion (STCA) and could easily be divided back to two separate grand residences.
Offered with existing tenancy and leased at $252,193 per annum net, and will show an investor strong returns, alternatively it would suit an owner occupier at the end of the lease.
Council Rates: $3,350.31 per quarter
Water Rates: $438.21 per quarter
Land Tax: $29,449.42 per annum
Insurance $9,780 per annum
**Please note, only the property is being offered for sale**
Property History for 153 Forbes St, Woolloomooloo, NSW 2011
- 30 Dec 2015Listed for Rent - Price not available
- 10 Dec 2013Sold for $3,350,000
- 23 May 2013Listed for Sale FOR SALE
Recent sales nearby
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0About Woolloomooloo 2011
The size of Woolloomooloo is approximately 0.4 square kilometres. It has 9 parks covering nearly 4.6% of total area. The population of Woolloomooloo in 2016 was 4011 people. By 2021 the population was 3792 showing a population decline of 5.5% in the area during that time. The predominant age group in Woolloomooloo is 30-39 years. Households in Woolloomooloo are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Woolloomooloo work in a professional occupation.In 2021, 27.00% of the homes in Woolloomooloo were owner-occupied compared with 25.90% in 2016.
Woolloomooloo has 4,188 properties. Over the last 5 years, Houses in Woolloomooloo have seen a 49.94% increase in median value, while Units have seen a 0.85% increase. As at 31 December 2025:
- The median value for Houses in Woolloomooloo is $2,886,955 while the median value for Units is $1,187,837.
- Houses have a median rent of $920 while Units have a median rent of $800.
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