OFF MARKET

3/5 Ocean Avenue
Double Bay NSW 2028

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 709m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 3/5 Ocean Ave, Double Bay

3/5 Ocean Ave, Double Bay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 709m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1950
Floor Size
102m2
Land Size
709m2
Local Government
Woollahra
Lot/Plan
3/SP742

Last Listing description (November 2021)

One of only four in a tightly held block, this top floor apartment's house-like proportions and spacious three-bedroom layout make it an ideal investment. Located at the top of Ocean Avenue, the bright and airy apartment is a stroll to the Double Bay foreshore and village. With over 100sqm of living space, the apartment is presented in good condition lending itself to contemporary transformation capitalising on its blue-ribbon address and excellent floorplan.

- Top floor setting in a block of 4
- Solid build and a house-like layout

- Fresh interiors, oversized windows
- 3 large bedrooms
- French doors to a 7m wide balcony
- Open plan living and sitting
- Neat and tidy gas kitchen
- Original bathroom, separate powder room
- Light filled, windows on 3 sides
- 109sqm of living plus a lock-up garage
- 200m to Edgecliff Station, 800m to Double Bay ferry wharf
- Currently leased at $3,910 pcm

Property History for 3/5 Ocean Ave, Double Bay, NSW 2028

A timeline of how this property has performed in the market
Last Sold
$1,925,000
23 Nov 2021
Listed for Rent
$875/w
22 May 2020
  • 23 Nov 2021
    Sold for $1,925,000
  • 01 Nov 2021
    Listed for Sale Auction Guide: $1.9m
  • 09 Apr 2020
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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

Market Insights
Double Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Double Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.