OFF MARKET

16/524 New South Head Road
Double Bay NSW 2028

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 75m2
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Property Details for 16/524 New South Head Rd, Double Bay

16/524 New South Head Rd, Double Bay is a 2 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 75m2 and floor size of 70m2.

Building Type
Unit
Year Built
1930
Floor Size
70m2
Land Size
75m2
Local Government
Woollahra
Lot/Plan
5/DP15059

Last Listing description (November 2023)

A prized top floor setting, elegant proportions and exclusive harbour village setting combine in this spacious two-bedroom apartment to deliver a perfect lifestyle address. Set on the northern side of The Mayfair, the light-filled apartment has been tastefully renovated in keeping with its c1935 heritage with only one common wall and double-glazed windows delivering a sense of peace and privacy. One of 15 in the beautifully maintained block, the boutique apartment features convenient rear access via Sherbrooke Avenue leading directly down to the beachfront and across the foreshore to the city ferry. Stroll up to idyllic Redleaf Pool and Blackburn Gardens and enjoy breathtaking views over the harbour or wander down to Sydney's most cosmopolitan harbour village.

- Grand Art Deco block built c1935
- Deep setback with flagstone entry

- Top floor setting with a NW aspect
- 2 large bedrooms with built-ins
- King-sized main bed, picture rails
- High ornate ceilings, chandeliers
- Sun-filled contemporary kitchen
- Integrated stainless steel appliances
- Bright bathroom with a bathtub
- Internal laundry and new carpeting
- One common wall, secure storeroom
- Rear access via Sherbrooke Avenue
- Low-maintenance harbourside living
- 200m stroll to Redleaf Pool and cafe
- 600m to Kiaora Lane's dining scene
- Pleasant ferry commute into the city

Property History for 16/524 New South Head Rd, Double Bay, NSW 2028

A timeline of how this property has performed in the market
  • 25 Aug 2023
    Listed for Sale For Sale $1,000,000

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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.