91/19-23 Forbes St, Woolloomooloo is a 1 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1837m2 and floor size of 17m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
This affordable Studio is neat and presentable while offering potential to improve and add value. It's situated in a quiet position with a Northern exposure in a popular well maintained security strata building.
Located only minutes walk to the City's CBD, The Domain, Harbour foreshore, fine dining restaurants, cafs, The Botanic Gardens, Sydney Opera House and The NSW Art Gallery.
This is an ideally located and very affordable City pad, perfect to use as a Sydney base, a top investment and a great fit for most Super Funds.
Market Rent: $265.00 Per Week
Gross Yield of 8.10% or 4.66% Net
- Affordable entry to the city east with potential to improve capital gain.
- Affordable rental within minutes walk to the CBD
- Easy rental location
- hot water & plumbing (included in the levies)
- On site manager & CCTV Security building.
- Garden courtyards, Pool & Well equipped common laundry.
- High income and growth location
- Quiet street with convenient access to shops and transport & facilities.
The size of Woolloomooloo is approximately 0.4 square kilometres. There are 9 parks, covering nearly 4.6% of the 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 4,212 properties. Over the last 5 years, Houses in Woolloomooloo have seen a 14.16% increase in median value, while Units have seen a 4.61% increase. As at 31 May 2026:
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