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1/53B Ocean Avenue
Double Bay NSW 2028

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 1/53b Ocean Ave, Double Bay

1/53b Ocean Ave, Double Bay is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Apartment sold in Double Bay in the last 12 months.

Building Type
Apartment
Local Government
Woollahra
Lot/Plan
2/DP392267

Last Listing description (June 2024)

Nestled quietly into a rear ground-floor position in the well-maintained 'Greenoaks' boutique block of just eight, this charming two-bedroom apartment boasts enviable proximity to every amenity, with bustling village shops, cafes and transport, the popular Steyne Park, Double Bay Ferry Wharf and Double Bay Public School all within a 500-metre radius.

The well-presented residence has a practical and eminently comfortable layout, with a good-sized living room that opens out onto a wide sunny balcony, a tidy dine-in kitchen and retro-chic bathroom, two tranquil bedrooms, the main with its own balcony, plus an oversized and highly prized lock-up garage.

Ideal as an investment or a savvy first step into the prestigious Eastern Suburbs market, the property has been recently refreshed with newly laid carpets and paintwork throughout and is ready to enjoy as is or rent out immediately, with inspiring potential for those wishing to add value or make it their own with imaginative updates.

• Generously proportioned living room opens out onto a wide balcony
• Cosy dining space connects seamlessly to tidy gas kitchen with ample storage and update potential
• Large main bedroom with spacious built-in wardrobe opens to private balcony framed with greenery
• Good-sized second bedroom with built-in and a leafy outlook, potential to convert to spacious study
• Highly desirable lock-up garage & car space, with plenty of additional space for storage, secure entry
• Air-conditioning units, newly laid quality carpets, freshly painted throughout, quality appliances
• Well-maintained double brick block with tidy common garden areas situated on a quiet, leafy street
• Double Bay Public School just 350 metres away, Ascham and St Marks Preschool within just 600 metres
• A level 550 metres to popular Steyne Park and the Double Bay Ferry Wharf, ideal for city commuters
• Approximately 500 metres to the bustling cafes, gourmet grocers and boutiques of Double Bay Village

Ray White Double Bay - The Team of Professionals You Deserve
Our recommended loan broker www.loanmarket.com.au/daniel-pym

Property History for 1/53b Ocean Ave, Double Bay, NSW 2028

A timeline of how this property has performed in the market
Last Sold
04 Jun 2024
Listed for Rent
$650/w
28 Feb 2019
  • 29 Aug 2024
    Listed for Rent $950 / week
  • 12 Jul 2024
    Listed for Rent $950 / week
  • 04 Jun 2024
    Sold
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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 13 properties listed for sale, and 16 properties listed for rent in Double bay on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Double bay.

Suburb Insights for Double Bay 2028

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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.