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Unit 718,
187 KENT STREET Millers Point NSW 2000

This property is Off Market

All about Millers Point Homes for sale in Millers Point


  • Last sold 9/22/2023 for $865,000. 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 1.31 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Sydney - Haymarket - The Rocks

With an average age of 40, households expect an average monthly mortgage payment of $3,500 or a weekly rent payment of $600. The average family earns a weekly income of $3,388 with a typical household size of 1.6 and a 93.43% 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

General Points of Interest


Population

(Country of Birth not stated 5%)

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

  • School Catchments
    SSC Blackwattle Bay Inner Sydney HS Fort St PS
  • Nicholson Street Public School

    Balmain East, NSW, 2041 State K-6

  • Observatory Hill Environmental Education Centre

    The Rocks, NSW, 2000 State

  • Fort Street Public School

    Sydney, NSW, 2000 State K-6

  • Ultimo Public School

    Ultimo, NSW, 2007 State K-6

  • Conservatorium High School

    Sydney, NSW, 2000 State 7-12


Property Story

Unit 718, 187 Kent Street, Millers Point, Nsw, 2000 is a residential property . The estimated distance to the sea is only 1.31km and at least 3.01KM 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

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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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