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40 Forbes Street

Newtown, NSW 2042, Australia

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About this property

A rare opportunity to secure a perfectly level ready-to-build land parcel in one of North Newtown's most exclusive pockets. Surrounded by high calibre homes and heritage terraces, this is an ultra-scarce blank canvas with the scale and configuration to build a luxury bespoke residence or explore a dual-terrace concept (STCA). With rear lane access and ideal proportions for flexible design outcomes, this is one of the last undeveloped sites in this tightly held blue-chip location - footsteps to King Street dining, cafés, Sydney University, elite schools, transport links and green open spaces. Key Features, -Proposed prized level block -Rare rear lane access providing design + parking flexibility -Premium quiet street within a tightly held village environment -Surrounded by architect-designed homes + character terraces -Endless scope - prestige home or dual luxury terrace scheme (STCA) -Zoning: R1 General Residential -Easement free -Favourable term available -Agent declares interest This is a once-in-a-life time North Newtown opportunity - combining position, amenity, and pure potential in one of Sydney's most demand-driven inner-city neighbourhoods.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
257 m²
Listed
3 months ago

Repayment calculator

$7,272/month
$3,636 /fortnight
Loan $1,200,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$300,000
Stamp duty$62,724
Conveyancing (est.)$2,000
Total upfront$364,724
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Newtown

This land in Newtown, NSW 2042 sits within reach of public transport, local shops and nearby schools.

Schools near Newtown

  • The Athena Schoolcombined · K-10 · CoEd
  • Australia Street Infants Schoolprimary · P-2 · CoEd
  • Camdenville Public Schoolprimary · P-6 · CoEd
  • Newtown North Public Schoolprimary · K-6 · CoEd
  • Newtown Public Schoolprimary · K-6 · CoEd
  • Newtown High School of Performing Artssecondary · 7-12 · CoEd

What's nearby

  • King St at Hordern St (bus)662 m away
  • Plant Daddy1.0 km away
  • M.J Hayes Playground588 m away
  • Unnamed638 m away
  • Ernest Wright Playground677 m away

Newtown at a glance

Full suburb profile
Population
14,690
Median age
34
Household income
$2,330/wk
Median rent
$550/wk
Median mortgage
$3,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Newtown price trend

Median sold · House 3 bed

Compound growth +4.4% / yr over 4 yrs

$2.20mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Newtown market

Within 5km

Nearby Properties

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