Suite 711, OBSERVATORY TOWER 168-170 KENT STREET Millers Point NSW 2000
This property is Off Market
- Last sold 10/4/2023 for $1,760,000. The Average property price in this area is $31,921,062, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.24 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/14/2024 183 KENT ST $2,330,000
- 10/14/2024 24 HICKSON RD $1,402,000
- 10/8/2024 187 KENT ST $1,530,000
- 9/25/2024 38 HICKSON RD $945,000
- 9/23/2024 54 ARGYLE PL $4,500,000
About Sydney - Haymarket - The Rocks
With an average age of 50, households expect an average monthly mortgage payment of $3,317 or a weekly rent payment of $975. The average family earns a weekly income of $4,531 with a typical household size of 1.8 and a 89.93% employment rate.
Consistent high demand relative to supply is a key feature in Millers Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Millers Point due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Millers Point provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Millers Point requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Barangaroo, Wharf 1, Sida A
Barangaroo, Wharf 1, Side B
Barangaroo, Wharf 2, Side A
Barangaroo, Wharf 2, Side B
Circular Quay Wharf 5
Circular Quay Wharf 4
Circular Quay Wharf 3
Circular Quay Wharf 6
Circular Quay
Wynyard
General Points of Interest
Skyview Shopping Plaza
The Village - Balgowlah Stockland
Gunyama Park Aquatic and Recreation Centre
Pelican
Wombat
Fanny Durack Aquatic Centre
Camperdown Fitness
War Memorial
Woolstores Alexandria Monument
Crone Architects
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 1410 asthma sufferers and 719 people living with diabetes. In addition, 675 people have a heart/vascular condition and 1010 people live with three or more chronic diseases.A good place to invest in property?
Sydney - Haymarket - The Rocks a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
42 / 100
31 / 100
Industry
74 / 100
22 / 100
Population
46 / 100
19 / 100
House Prices
100 / 100
60 / 100
Jobs
34 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsFort St PS SSC Blackwattle Bay Inner Sydney HS
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Fort Street Public School
Sydney, NSW, 2000 State K-6 -
Observatory Hill Environmental Education Centre
The Rocks, NSW, 2000 State
Property Story
Suite 711, Observatory Tower, 168-170 Kent Street, Millers Point, Nsw, 2000 is a residential property . The estimated distance to the sea is only 1.24km and at least 2.97KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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