SOLD
Sold on 22 Feb 2024 for $985,000

8/5 Lugar Street
Bronte NSW 2024

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
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Property Details for 8/5 Lugar St, Bronte

8/5 Lugar St, Bronte is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Bronte in the last 12 months.

Building Type
Unit
Year Built
1964
Floor Size
54m2
Local Government
Waverley
Lot/Plan
8/SP70506

Last Listing description (October 2021)

Freshly painted light and airy apartment close to Bronte Beach

This renovated north facing one bedroom with a abundance of natural light features:

- Large bedroom opening onto a balcony with spacious built-in robe

- Modern kitchen with fridge and dishwasher
- Contemporary bathroom
- Open plan living and dining room
- Internal laundry with built in washing machine
- Secure building
- Car space
- Brand new carpet and freshly painted
- Within walking distance to all amenities, 1 km to Bronte Beach

No pets allowed, sorry!

Property History for 8/5 Lugar St, Bronte, NSW 2024

A timeline of how this property has performed in the market
Last Sold
$985,000
22 Feb 2024
Listed for Rent
$650/w
09 Oct 2021
  • 22 Feb 2024
    Sold for $985,000
  • 08 Sep 2021
    Listed for Rent $650 / week
  • 15 Sep 2020
    Listed for Rent $550 / 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 3,593 properties. Over the last 5 years, Houses in Bronte have seen a 56.37% increase in median value, while Units have seen a 37.36% increase. As at 30 September 2024:

  • The median value for Houses in Bronte is $5,382,462 while the median value for Units is $1,616,354.
  • Houses have a median rent of $1,800 while Units have a median rent of $900.
There are currently 23 properties listed for sale, and 15 properties listed for rent in Bronte on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Bronte.

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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.