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40/27 Palmer St, Woolloomooloo NSW 2011

Last sold $1,420,000 18 Aug 2023
Technical details
Title reference40/SP65151
Site area (whole strata scheme)3,039 m²
ZoningMU1 Mixed Use
Nature of propertyResidence
Primary purposeResidence
Valuation district708
Property ID2139277

How this sale compares

Sold for $1,420,000 in Aug 2023, up $270,000 (23%) on the $1,150,000 paid in Aug 2017. That is about 3.6% a year over 6 years.

Over the same period the median unit price in Woolloomooloo rose 7%, from $950,000 in 2017 to $1,013,000 in 2023.

The 2023 sale was 40% above the Woolloomooloo median unit price for that year ($1,013,000 across 74 sales).

Since then the median unit price in Woolloomooloo has fallen 11%, from $1,013,000 in 2023 to $900,000 over the last 12 months (67 sales).

Woolloomooloo medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Woolloomooloo sold prices by year.

Rent and yield

Units in postcode 2011 rented for a median $750 a week, from 2,413 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $1,420,000 on 18 Aug 2023, that rent is a gross yield of 2.7% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Woolloomooloo.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
18 Aug 2023 29 Sep 2023 $1,420,000 - - - 40/SP65151
3 Aug 2017 1 Sep 2017 $1,150,000 - - - 40/SP65151
$1,420,000 Sold 18 Aug 2023
Settled29 Sep 2023
Beds-
Baths-
Cars-

Title reference: 40/SP65151

$1,150,000 Sold 3 Aug 2017
Settled1 Sep 2017
Beds-
Baths-
Cars-

Title reference: 40/SP65151

Other sales at 27 Palmer St

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
51 1 Oct 2026 29 Oct 2026 $665,000 - - - 51/SP65151
56 10 Feb 2026 7 Apr 2026 $1,800,000

Property features as at 7 March 2026. If the property has been renovated or altered, features may be different for sales before or after this date.

2 2 1 56/SP65151
48 20 Jan 2026 3 Mar 2026 $800,000 - - - 48/SP65151
21 17 Sep 2025 11 Nov 2025 $2,008,888 - - - 21/SP65151
34 15 Jul 2025 26 Aug 2025 $1,385,000 - - - 34/SP65151
47 27 Sep 2024 28 Oct 2024 $625,000 - - - 47/SP65151
39 20 May 2024 31 May 2024 $700,000 - - - 39/SP65151
21 23 Jun 2023 15 Sep 2023 $1,550,000 - - - 21/SP65151
23 6 Jun 2023 25 Jul 2023 $1,600,000 - - - 23/SP65151
1 10 Mar 2023 2 Jun 2023 $1,650,000 - - - 1/SP65151
$665,000 Sold 1 Oct 2026
Unit51
Settled29 Oct 2026
Beds-
Baths-
Cars-

Title reference: 51/SP65151

$1,800,000 Sold 10 Feb 2026
Unit56
Settled7 Apr 2026
Beds2
Baths2
Cars1

Property features as at 7 March 2026. If the property has been renovated or altered, features may be different for sales before or after this date.

Title reference: 56/SP65151

$800,000 Sold 20 Jan 2026
Unit48
Settled3 Mar 2026
Beds-
Baths-
Cars-

Title reference: 48/SP65151

$2,008,888 Sold 17 Sep 2025
Unit21
Settled11 Nov 2025
Beds-
Baths-
Cars-

Title reference: 21/SP65151

$1,385,000 Sold 15 Jul 2025
Unit34
Settled26 Aug 2025
Beds-
Baths-
Cars-

Title reference: 34/SP65151

$625,000 Sold 27 Sep 2024
Unit47
Settled28 Oct 2024
Beds-
Baths-
Cars-

Title reference: 47/SP65151

$700,000 Sold 20 May 2024
Unit39
Settled31 May 2024
Beds-
Baths-
Cars-

Title reference: 39/SP65151

$1,550,000 Sold 23 Jun 2023
Unit21
Settled15 Sep 2023
Beds-
Baths-
Cars-

Title reference: 21/SP65151

$1,600,000 Sold 6 Jun 2023
Unit23
Settled25 Jul 2023
Beds-
Baths-
Cars-

Title reference: 23/SP65151

$1,650,000 Sold 10 Mar 2023
Unit1
Settled2 Jun 2023
Beds-
Baths-
Cars-

Title reference: 1/SP65151

Recent sales on Palmer St

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Woolloomooloo

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