OFF MARKET

2/481 New South Head Road
Double Bay NSW 2028

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 47m2
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Property Details for 2/481 New South Head Rd, Double Bay

2/481 New South Head Rd, Double Bay is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 47m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1925
Floor Size
47m2
Land Size
47m2
Local Government
Woollahra
Lot/Plan
2/SP15632

Last Listing description (February 2021)

This very neat and tidy North facing 1 bedroom apartment is in a boutique block of only 6, located within a minutes' walk to everything Double Bay has to offer.

Complete with new carpet and freshly painted throughout both the generous size lounge and bedroom have high ornate ceilings, timber shutters, air-conditioning and plenty of natural light. The bedroom also has built-ins and ample storage.

The kitchen and bathroom are equipped with everything you need.

Features include;

* High ornate ceilings, generous size living
* New carpet, security intercom
* Freshly painted throughout
* Air-conditioning, laundry room

Just a short stroll to the ferry wharf, parks, beach and main shopping centre.

Outgoings (Approx pq)

Strata Levies $918.00
Water rates $184.00
Council rates $337.00

Weekly rent would be approx $420.00 per week so we estimate a return of approx 4%. This is a great investment!!!

For further information please do not hesitate in calling Scott O'Connor ph. 0405 579 601.

Property History for 2/481 New South Head Rd, Double Bay, NSW 2028

A timeline of how this property has performed in the market
Last Sold
$520,000
18 Feb 2021
Listed for Rent
$365/w
10 Feb 2012
  • 18 Feb 2021
    Sold for $520,000
  • 16 Sep 2020
    Listed for Sale For Sale
  • 24 Jan 2012
    Listed for Rent - Price not available
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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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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.