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Back Level 8/197 Castlereagh St
Off Market

Level 8/197 Castlereagh St

Sydney NSW 2000

1
1
50 m²
64 m²
Apartment
Paul DingPaul Ding, last sold this property on 09 October 2025 after 42 days on market.

Overview

Parkside Studio with Car Space on Title

Perfectly positioned in the heart of mid-town Sydney, this sought-after 50sqm studio apartment offers a rare combination of a private courtyard and a secure car space on title. Just moments from Town Hall, Pitt Street Mall, the financial district, and Sydney's vibrant cultural precincts, it presents an outstanding opportunity for an astute investment or a stylish city retreat. Generous 50sqm open-plan layout North-facing aspect with abundant natural light Flexible space to accommodate living, dining and bedroom zones Well-appointed gas kitchen and large bathroom with integrated laundry Concierge service and 24-hour security Ducted air conditioning Consistent rental demand with strong returns Bonus: The car space is conveniently located on P1, close to street level-ideal for investors to use for own convenience and lease only the apartment. Strata levy: $1419 qtr approx. Council rate: $335 qtr approx. Water rate: $180 qtr approx.

Features

1 bathroom
1 carspace
50 m² floor area
64 m² lot size
Apartment

Estimated Value

Based on this property and similar apartments sold in Sydney over the last 12 months, the estimated median property value of Level 8/197 Castlereagh St is $585k.

Median value
$585k
Estimated value range
$435k - $1.35m
Median days on market
50
Estimated value trend
-21%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sydney. 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 Level 8/197 Castlereagh St

2025
Sold
Undisclosed
Private Sale/Treaty on 09 Oct 2025 by Paul Ding, of Sydney Residential Metro
2020
Rented
Undisclosed
Leased on 05 Aug 2020 by Sydney Residential Metro
2018
Rented
Undisclosed
Leased on 17 Jul 2018 by Sydney Residential Metro

Happy sellers in Sydney

88%
88% of sellers in Sydney reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 54 reviews in Sydney over the last 12 months.

Local market activity for apartments in Sydney

In the last 12 months, 6 apartments similar to Level 8/197 Castlereagh St, have been sold.

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John Tsironis

John Tsironis is a recommended agent for Sydney.  They have 6 local sales and collected 6 local reviews across the last 12 months.

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