OFF MARKET

1/524 New South Head Road
Double Bay NSW 2028

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 794m2
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Last updated 11 Nov 2024
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Property Details for 1/524 New South Head Rd, Double Bay

1/524 New South Head Rd, Double Bay is a 2 bedroom, 1 bathroom Unit. The property has a land size of 794m2.

Building Type
Unit
Land Size
794m2
Local Government
Woollahra
Lot/Plan
5/DP15059

Last Listing description (September 2022)

Situated on the lower floor of a well-maintained security building on the upper side of Double Bay.
Its close proximity to Double Bay shopping village, public transport, boutique restaurants and bars makes it easy to move around, without mentioning the fact you are in walking distance to famous Redleaf reserve.

The apartment has ample amount of storage as well as communal storage areas for recreational equipment. It has a well-sized living room and spacious eat-in kitchen with stainless steel appliances and stone benchtops, with newly laid carpet in both bedrooms.

If you are wanting to apply please enter this into your browser: http://www.gordonrobinson.com.au/tenancy_app.aspx

Please contact Jaidyn Gold to book an inspection - 0403 435 428

Property History for 1/524 New South Head Rd, Double Bay, NSW 2028

A timeline of how this property has performed in the market
Listed for Rent
$550/w
17 Sep 2022
  • 03 Aug 2022
    Listed for Rent $550 / week
  • 08 Jun 2021
    Listed for Rent $525 / week
  • 15 Jan 1994
    Listed for Sale Not Disclosed
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About Double Bay 2028

The size of Double Bay is approximately 0.8 square kilometres. It has 6 parks covering nearly 10% of total area. The population of Double Bay in 2011 was 4,686 people. By 2016 the population was 4,647 showing a population decline of 0.8% in the area during that time. The predominant age group in Double Bay is 30-39 years. Households in Double Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Double Bay work in a professional occupation. In 2011, 55.2% of the homes in Double Bay were owner-occupied compared with 54.9% in 2016.

Double Bay has 3,674 properties. Over the last 5 years, Houses in Double Bay have seen a 58.78% increase in median value, while Units have seen a 27.37% increase. As at 31 October 2024:

  • The median value for Houses in Double Bay is $6,626,767 while the median value for Units is $1,749,133.
  • Houses have a median rent of $1,250 while Units have a median rent of $990.
There are currently 14 properties listed for sale, and 16 properties listed for rent in Double bay on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Double bay.

Suburb Insights for Double Bay 2028

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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.