1/68A Brocks Lane, NEWTOWN, 2042, New South Wales

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Subject: 1/68A Brocks Lane, NEWTOWN, 2042, New South Wales

Auctioned

Auctioned for $425,000 (Apr 14, 2018)

Studio Convenience, stroll to city trains

Property ID: 7260733

Whether you’re looking for a convenient lock-up-and-leave or a solid investment, this studio apartment offers a practical base in a quiet yet convenient setting.

Compact, no-nonsense and easy to maintain, its interiors have received several neat updates that make it comfortable and functional. A vertical bed saves on space and the separate kitchen has a breakfast bar. Further enhancements will add extra value to what is already a well located property.

Only eight steps to the front door in a small block of 12, the home is also suitable for a downsizer looking for easy access. Macdonaldtown Station is within a stroll, and it is a quick walk to the bustling cafes, dining spots and shops of King Street.

A leafy reserve is right opposite and the home has excellent proximity to RPA plus Sydney Uni, ensuring that it will always be tenanted.

Building / Floor Area27 sqm

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R&H Suburb Profile: Newtown

R&H Suburb SummaryHouses
Number of sales 172
Average Price $1,513,330
Median Price $1,460,000
Median Rental Price $765 p.w.
Change in Rental Rate (5yr) 20 %
R&H Suburb SummaryUnits
Number of sales 196
Average Price $722,931
Median Price $821,000
Median Rental Price $500 p.w.
Change in Rental Rate (5yr) 16 %
Newtown, NSW - Median Trend
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