Back 31/16 Ward Avenue
Off Market

31/16 Ward Avenue

Potts Point NSW 2011

1
Studio
Last sold for $340,000
Michael MurrayMichael Murray, last sold this property on 26 January 2021 after 115 days on market.

Overview

Light Filled Gem in the Heart of Potts Point

Nestled in a classic art deco building in a highly trendy locale this top floor studio apartment offers a remarkable opportunity for investors or first home buyers in a high rental demand area. A mere 350 metre walk to Kings Cross Station and a short stroll to cafes, restaurants and Rushcutters Bay Park. Cosy layout with ample light and well-planned fittings Generous sized bathroom with separate shower space Building with security intercom and shared coin laundry Short stroll to cafes, restaurants and boutique stores Footsteps to Rushcutters Bay Park and other parklands Walking distance to Kings Cross Station for CBD commute Previously rented between $375.00 - $400.00 per week Furniture can be included in the sale for additional fee Water Rates: $153.56 per quarter Council Rates: $280.95 per quarter Strata Levies: $685.35 per quarter Size: 17sqm

Features

1 bathroom
Studio

Estimated Value

Based on this property and similar studios sold in Potts Point over the last 12 months, the estimated median property value of 31/16 Ward Avenue is $540k.

Median value
$540k
Estimated value range
$85k - $960k
Median days on market
35
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Potts Point. 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 31/16 Ward Avenue

2021
Sold
$340,000
Private Sale/Treaty on 26 Jan 2021 by Michael Murray, of Murray Property
2019
Rented
Undisclosed
Leased on 08 Nov 2019 by Murray Property
2019
Rented
Undisclosed
Leased on 10 Jun 2019 by Murray Property

Happy sellers in Potts Point

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

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

This is based on voluntary sentiment collected from 62 reviews in Potts Point over the last 12 months.

Local market activity for studios in Potts Point

In the last 12 months, 34 studios similar to 31/16 Ward Avenue, have been sold.

This represents a 11% increase in studios sales when compared to the previous 12 months.

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