12/589 Old South Head Rd, Rose Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 840m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 1995.
Bathed in natural light, this well-presented top-floor apartment is a superb first home buy or investment opportunity. With premiere views of the city skyline and beyond, this feel-good unit is located within a small security building of just 12 lots - set back from the street with a lovely and quiet position / entrance on Princess Street. Just a short stroll to Rose Bay village shops and cafes, with CBD buses at your doorstep. A must see for the savvy investor or those seeking a great lifestyle pad with rapid access to the harbour foreshore and surrounding beaches.
Two spacious bedrooms with built-in wardrobes
Generous light-filled living and dining space
The size of Rose Bay is approximately 2.5 square kilometres. It has 15 parks covering nearly 35.5% of total area. The population of Rose Bay in 2011 was 9,401 people. By 2016 the population was 10,027 showing a population growth of 6.7% in the area during that time. The predominant age group in Rose Bay is 30-39 years. Households in Rose Bay are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Rose Bay work in a professional occupation. In 2011, 54.9% of the homes in Rose Bay were owner-occupied compared with 52.8% in 2016.
Rose Bay has 6,040 properties. Over the last 5 years, Houses in Rose Bay have seen a 81.71% increase in median value, while Units have seen a 41.70% increase. As at 31 August 2024:
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