Back 209/389 Bourke St
Off Market

209/389 Bourke St

Surry Hills NSW 2010

1
32 m²
Apartment
Serch Marketing ServiceSerch Marketing Service, last sold this property on 08 November 2024 after 56 days on market.

Overview

Charming studio with separate bedroom space

This is one of the larger styles of studio apartments around Surry Hills and it feels like a one bedroom. You will love the high ceilings, solid concrete walls and the industrial vibe of this iconic heritage building. Situated at the rainbow crossing in one of Surry Hills most convenient locations. The building offers 2 lifts for swift access. The bathroom has space for a small washing machine and you can also use the shared facilities. This apartment has excellent long term tenants currently paying $480pw. Here is a great opportunity to enter the market or add an investment property to the portfolio. FEATURES + Separate bedroom area + High ceilings + Rainbow crossing address + Solid concrete walls + Internal laundry facilities + Short walk to train station and beach bus + Easy stroll to City and Hyde Park + Excellent cafes, restaurants and shops + Separate kitchen + Potential to add value + Currently rented to excellent tenants at $480pw + 32m2 on title Strata $1,281 qtr Council $180.38 Water $255.30

Features

1 bathroom
32 m² floor area
Apartment

Estimated Value

Based on this property and similar apartments sold in Surry Hills over the last 12 months, the estimated median property value of 209/389 Bourke St is $951.33k.

Median value
$951.33k
Estimated value range
$305k - $6.3m
Median days on market
27
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Surry Hills. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 209/389 Bourke St

2024
Sold
Undisclosed
Private Sale/Treaty on 08 Nov 2024 by Serch Marketing Service, of Ozway
2024
Sold
$410,000
Private Sale/Treaty on 08 Jan 2024 by Adrian Meredith, of Ozway
2023
Rented
Undisclosed
Leased on 27 Apr 2023 by Ozway

Happy sellers in Surry Hills

83%
83% of sellers in Surry Hills reported that their sale price either exceeded or met their price expectations.

Surry Hills stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 65 reviews in Surry Hills over the last 12 months.

Local market activity for apartments in Surry Hills

In the last 12 months, 223 apartments similar to 209/389 Bourke St, have been sold.

This represents a 30% increase in apartments sales when compared to the previous 12 months.

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