OFF MARKET

5/17 Palmerston Avenue
Bronte NSW 2024

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 86m2
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Property Details for 5/17 Palmerston Ave, Bronte

5/17 Palmerston Ave, Bronte is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 86m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1950
Floor Size
86m2
Land Size
86m2
Local Government
Waverley
Lot/Plan
5/SP92386

Last Listing description (August 2022)

Enjoy an elevated leafy outlook from this tranquil and spacious apartment, in a well-maintained, boutique block of 8.

Ideally positioned in a quiet green pocket of Bronte, it's a beautiful stroll down to Bronte Beach via the Bronte gully. Thanks to its corner location and windows on 3 sides, the apartment is awash with natural light. A generous 86sqm of internal living, high ceilings, common bbq area and a cute community garden on the rear lane, make this an ideal home or investment opportunity.

86sqm internal living

Extra-large master bedroom with built-ins
Natural light and private green outlook
Secure boutique block
Potential to add value by creating an open-plan living area
Shared outdoor bbq area, cabana and community garden
Walk to Bronte Beach, cafes, Charing Cross shops, parks
Bronte Public School catchment area

Potential Rent: $800pw

Quarterly Rates
Strata: $1,020
Council: $321
Water: $150

Property History for 5/17 Palmerston Ave, Bronte, NSW 2024

A timeline of how this property has performed in the market
Last Sold
$1,300,000
09 Jun 2022
Listed for Rent
$750/w
29 Apr 2022
  • 09 Jun 2022
    Sold for $1,300,000
  • 13 May 2022
    Listed for Sale Buyers Guide $1,300,000
  • 22 Mar 2022
    Listed for Rent $750 / week
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About Bronte 2024

The size of Bronte is approximately 1.3 square kilometres. It has 13 parks covering nearly 11.7% of total area. The population of Bronte in 2011 was 6,826 people. By 2016 the population was 6,721 showing a population decline of 1.5% in the area during that time. The predominant age group in Bronte is 30-39 years. Households in Bronte are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bronte work in a professional occupation. In 2011, 59.5% of the homes in Bronte were owner-occupied compared with 60% in 2016.

Bronte has 3,596 properties. Over the last 5 years, Houses in Bronte have seen a 53.33% increase in median value, while Units have seen a 28.96% increase. As at 31 October 2024:

  • The median value for Houses in Bronte is $5,242,916 while the median value for Units is $1,550,939.
  • Houses have a median rent of $1,850 while Units have a median rent of $925.
There are currently 24 properties listed for sale, and 14 properties listed for rent in Bronte on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Bronte.

Suburb Insights for Bronte 2024

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.