Unit 25, 20-22 SPRINGFIELD AVENUE Potts Point NSW 2011
This property is Off Market
- Last sold 11/3/2017 for $555,000. The Average property price in this area is $2,285,771, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 0.51 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
- 10/23/2024 60 BROUGHAM ST $2,410,000
- 10/23/2024 81 MACLEAY ST $1,720,000
- 10/18/2024 8 WYLDE ST $450,000
- 10/17/2024 226 VICTORIA ST $2,980,000
- 10/11/2024 1 HUGHES ST $800,000
About Potts Point - Woolloomooloo
With an average age of 38, households expect an average monthly mortgage payment of $2,284 or a weekly rent payment of $505. The average family earns a weekly income of $3,416 with a typical household size of 1.4 and a 91.49% employment rate.
Consistent high demand relative to supply is a key feature in Potts Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Potts Point ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Potts Point 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. High density population in Potts 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
Fort Denison
Martin Place
Circular Quay Wharf 4
Circular Quay Wharf 3
Circular Quay Wharf 2
Kings Cross
Circular Quay
St James
Darling Point
Garden Island
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 12%)
Are people healthy?
There are a recorded 1478 asthma sufferers and 786 people living with diabetes. In addition, 697 people have a heart/vascular condition and 1446 people live with three or more chronic diseases.A good place to invest in property?
Potts Point - Woolloomooloo 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
59 / 100
31 / 100
Industry
77 / 100
22 / 100
Population
50 / 100
19 / 100
House Prices
82 / 100
60 / 100
Jobs
74 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsInner Sydney HS SSC Blackwattle Bay Plunkett St PS
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Sydney Distance Education High School
Woolloomooloo, NSW, 2011 State 7-12 -
SCEGGS Darlinghurst
Darlinghurst, NSW, 2010 Independent K-12 -
St Mary's Cathedral College
Sydney, NSW, 2000 Independent 3-12 -
Crown Street Public School
Surry Hills, NSW, 2010 State K-6 -
St Vincent's College
Potts Point, NSW, 2011 Independent 7-12 -
Plunkett Street Public School
Woolloomooloo, NSW, 2011 State P-6
Property Story
Unit 25, 20-22 Springfield Avenue, Potts Point, Nsw, 2011 is a residential property with 1 bedrooms, 1 bathrooms and 0 Parking spaces. The estimated value of this home is $660,000 while properties of this type typically sell for between $495,000 and $1,370,000 in this suburb. The estimated distance to the sea is only 0.51km and at least 2.7KM 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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