Back 218/1 Phillip Street
Off Market

218/1 Phillip Street

Petersham NSW 2049

1
1
34 m²
34 m²
Apartment
Last sold for $422,000
James BurkeJames Burke, last sold this property on 27 May 2025 after 83 days on market.

Overview

Stylish & Affordable One-Bedroom Apartment in a Prime Location

Nestled within a sought-after security complex, this modern one-bedroom apartment offers the perfect blend of style, comfort, and convenience in the heart of Petersham. Positioned on the second floor of the contemporary 1 Phillip Street development, this residence boasts a spacious layout, quality finishes, and an enviable lifestyle just moments from vibrant cafes, restaurants, and excellent transport links. Whether you're a first-time buyer, downsizer, or investor, this is a prime opportunity to secure a well-appointed city-fringe home with strong rental appeal. Key Features: • Air-conditioned apartment in a secure strata complex with lift access • Generous bedroom with ample wardrobe space and storage • Quietly positioned with double-glazed windows, ensuring peace and privacy • Stylish bathroom with a bath/shower combination & separate internal laundry • Walking distance to Norton Street's renowned dining, shopping, and entertainment options • Excellent public transport links-close to bus stops and an easy stroll to the train station • Strong rental potential: Estimated return of $480 - $530 per week Offering contemporary living in a prime Inner West location, this apartment is an excellent choice for those seeking affordability without compromise.

Features

1 bedroom
1 bathroom
34 m² floor area
34 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Petersham over the last 12 months, the estimated median property value of 218/1 Phillip Street is $842.5k.

Median value
$842.5k
Estimated value range
$422k - $1.15m
Median days on market
24
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Petersham. 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 218/1 Phillip Street

2025
Sold
$422,000
27 May 2025 by James Burke, of Ray White Annandale
2024
Sold
$417,500
Private Sale/Treaty on 30 Apr 2024 by James Burke, of Ray White Annandale

Happy sellers in Petersham

91%
91% of sellers in Petersham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 57 reviews in Petersham over the last 12 months.

Local market activity for 1 bedroom apartments in Petersham

In the last 12 months, 50 one-bedroom apartments similar to 218/1 Phillip Street, have been sold.

This represents a 56% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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