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Back 506/38 Alice Street
Off Market

506/38 Alice Street

Newtown NSW 2042

1
1
1
81 m²
Apartment
Last sold for $850,000
John (Junjie) ZhuJohn (Junjie) Zhu, last sold this property on 21 May 2026 after 43 days on market.

Overview

Under Offer!!! More Properties Wanted!!!

Centrally positioned in the vibrant heart of Newtown, this private Level 5, light-filled north-east facing one-bedroom apartment is set within the renowned "Industri" complex, architecturally designed by award-winning SJB and finished to exceptional standards throughout. Surrounded by an array of acclaimed restaurants, bars, theatres, cafés and shopping precincts, along with hospitals and quality schools, this contemporary residence offers the perfect balance of inner-city vibrancy, privacy and sophisticated design. Thoughtfully crafted interiors and a highly functional layout create a refined living environment suited to the most discerning buyers. Ideal for both owner-occupiers and investors, it presents a superb opportunity to secure a stylish lifestyle residence or a quality addition to any portfolio. With Newtown and St Peters Stations, bus transport and Marrickville Metro all within easy walking distance, this apartment delivers outstanding convenience in one of Sydney's most dynamic locations. Apartment Features: • Modern open living & dining area flows seamlessly to a sun-drenched entertainer alfresco balcony. • Gourmet kitchen with Caesarstone benchtops, integrated European appliances, and ample pantry space. • One bright & spacious bedroom with built-in wardrobe. • Generous sized study area which is perfect for home office. • Fully tiled modern bathroom finished with stone vanities. • Ducted air-conditioning, Internal laundry with dryer, NBN available. • Timber floor throughout living & dining while bedroom comes with carpet. • One secured car space with bonus lockup storage cage. • Total Size: 81 SQM, Living area: 65 SQM, Parking: 14 SQM, Storage: 2 SQM • Current Rent: $770 weekly month by month Outgoings: • Water: $180.00 Quarterly approx. • Strata: $1,154.40 (Admin $1,043.25 + Sink $111.15) Quarterly approx. • Council: $390.00 Quarterly approx. Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Photographs and images that are used for this advertisement are for illustration purposes and should be used as a guide only. Images may depict fixtures, finishes and features that may be not included. Prospective purchasers should make their own inquiries to verify the information contained herein.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
81 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Newtown over the last 12 months, the estimated median property value of 506/38 Alice Street is $750k.

Median value
$750k
Estimated value range
$66k - $1.34m
Median days on market
24
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Newtown. 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 506/38 Alice Street

2026
Sold
$850,000
Private Sale/Treaty on 21 May 2026 by John (Junjie) Zhu, of OneSpace Property

Happy sellers in Newtown

86%
86% of sellers in Newtown reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 74 reviews in Newtown over the last 12 months.

Local market activity for 1 bedroom apartments in Newtown

In the last 12 months, 46 one-bedroom apartments similar to 506/38 Alice Street, have been sold.

This represents a 32% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Newtown

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Michael Harris

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Adam Freitas

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John (Junjie) Zhu

Sellers who recommend John (Junjie) Zhu have praised them for being local expert, clear communication, responsive, reliable, dedicated, supportive and honest

  •   5   (397 reviews)
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  •  6 Sales in Newtown
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Michael White

Sellers who recommend Michael White have praised them for being clear communication

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