SOLD
Sold on 05 Jun 2024 for $1,620,000

4/531 New South Head Road
Double Bay NSW 2028

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 132m2
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Property Details for 4/531 New South Head Rd, Double Bay

4/531 New South Head Rd, Double Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 132m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Double Bay in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
106m2
Land Size
132m2
Local Government
Woollahra
Lot/Plan
4/SP4104

Last Listing description (February 2012)

SPACIOUS ART DECO APARTMENT WITH CITY VIEWS
SUN-DRENCHED, PRIVATE AND SURPRISINGLY QUIET, THIS CHIC ART-DECO APARTMENT OOZES CHARACTER AND CHARM WITH THE ADDED BONUS OF CITY VIEWS, BOASTING 112SQM OF LIVING AREA. THIS SPACIOUS APARTMENT COMPRISES 2 BEDROOMS, A GENEROUS LIVING ROOM THAT OPENS ONTO THE BALCONY, SEPARATE DINING, GOOD SIZED KITCHEN WITH GAS COOKING AND A FULL BATHROOM WITH SEPARATE TOILET. OTHER FEATURES INCLUDE HIGH CEILINGS, WIDE HALLWAYS, AIR-CONDITIONING AND A LUG WITH EASY ACCESS FROM NEW SOUTH HEAD ROAD. A PERFECT INVESTMENT WITH CURRENT SECURE TENANTS ON A LEASE UNTIL 6 DECEMBER 2012 WITH A RENTAL OF $650 PER WEEK. THIS CHARISMATIC APARTMENT IS JUST A SHORT WALK TO WATERFRONT PARKS, DOUBLE BAY VILLAGE SHOPS AND TRANSPORT. STRATA LEVIES $1192.74 P.Q COUNCIL RATES $1003.10 P.A WATER RATES $159.20 P.Q

Property History for 4/531 New South Head Rd, Double Bay, NSW 2028

A timeline of how this property has performed in the market
Last Sold
$1,620,000
05 Jun 2024
Listed for Rent
$650/w
06 Dec 2011
  • 05 Jun 2024
    Sold for $1,620,000
  • 29 Feb 2012
    Listed for Sale $700,000
  • 24 Jan 2012
    Sold for $680,000
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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 3,676 properties. Over the last 5 years, Houses in Double Bay have seen a 57.06% increase in median value, while Units have seen a 28.81% increase. As at 30 September 2024:

  • The median value for Houses in Double Bay is $6,542,622 while the median value for Units is $1,723,089.
  • Houses have a median rent of $1,425 while Units have a median rent of $990.
There are currently 19 properties listed for sale, and 17 properties listed for rent in Double bay on OnTheHouse. According to CoreLogic's data, 149 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.