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Unit 44,
1 MADDISON STREET Redfern NSW 2016

This property is Off Market

All about Redfern Homes for sale in Redfern

Last sold 10/2/2024 for $1,325,000. The Average property price in this area is $3,693,431, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 2.84 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

OneAgency UNIT C704, 6-8 CRESCENT ST, Contact Agent 1 Beds - 1 Baths - 1 Parking Within 0.1 km Ray White 38 MADDISON ST, 4000000 4 Beds - 2 Baths - 1 Parking Within 0.2 km Belle Property SUITE 3, 53 GREAT BUCKINGHAM ST, For Sale Contact Agent 5 Beds - 3 Baths - 2 Parking Within 1.0 km Ray White 36 PHILLIP ST, 1600000 2 Beds - 1 Baths - 0 Parking Within 1.1 km Ray White UNIT 2, 52-54 PITT ST, 1500000 2 Beds - 2 Baths - 1 Parking Within 1.2 km Ray White UNIT 66, 8 RENWICK ST, 480000 1 Beds - 1 Baths - 0 Parking Within 1.5 km Ray White UNIT 3, 137-141 REGENT ST, 800000 2 Beds - 2 Baths - 0 Parking Within 1.5 km R&W UNIT 1104, 157 REDFERN ST, Sold Beds - Baths - 1 Parking Within 1.5 km Ray White UNIT 1202, 157 REDFERN ST, 750000 1 Beds - 1 Baths - 0 Parking Within 1.5 km

Recently Sold Properties in this Area

10/24/2024 128 GEORGE ST $1,056,000
10/24/2024 39 GIBBONS ST $1,485,000
10/21/2024 20 GEORGE ST $1,026,000
10/18/2024 146 PITT ST $1,110,000
10/17/2024 6 CRESCENT ST $1,000,000

About Redfern - Chippendale

With an average age of 33, households expect an average monthly mortgage payment of $2,877 or a weekly rent payment of $700. The average family earns a weekly income of $3,403 with a typical household size of 2.6 and a 96.92% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Redfern are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Redfern classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Redfern necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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

Macdonaldtown train

Wentworth Park train

Exhibition Centre train

Paddy's Markets train

Capitol Square train

Central

Museum

Erskineville train

Green Square train

Town Hall

General Points of Interest

Skyview Shopping Plaza sport

Gunyama Park Aquatic and Recreation Centre

Pelican

Wombat

Fanny Durack Aquatic Centre sport

Camperdown Fitness monument

War Memorial

Woolstores Alexandria Monument prison

Long Bay Correctional Centre

Crone Architects

Population

(Country of Birth not stated 1%)

Are people healthy?

There are a recorded 1619 asthma sufferers and 724 people living with diabetes. In addition, 708 people have a heart/vascular condition and 1512 people live with three or more chronic diseases.

A good place to invest in property?

Redfern - Chippendale 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

52 / 100

31 / 100

Industry

72 / 100

22 / 100

Population

37 / 100

19 / 100

House Prices

77 / 100

60 / 100

Jobs

63 / 100

29 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Bourke St PS Alexandria Park CS
Our Lady of Mount Carmel Catholic Primary School
Waterloo, NSW, 2017 Independent K-6
Bourke Street Public School
Surry Hills, NSW, 2010 State K-6
Sydney Girls High School
Surry Hills, NSW, 2010 State 7-12
Sydney Distance Education Primary School
Surry Hills, NSW, 2010 State K-6
Redfern Jarjum College
Redfern, NSW, 2016 Independent 1-6
Oasis College Surry Hills
Surry Hills, NSW, 2010 Independent 11-12

Property Story

Unit 44, 1 Maddison Street, Redfern, Nsw, 2016 is a residential property . The estimated distance to the sea is 2.84km and at least 1.68KM 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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