OFF MARKET

5/31 Ocean Avenue
Double Bay NSW 2028

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 121m2
Land area: 180m2
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Property Details for 5/31 Ocean Ave, Double Bay

5/31 Ocean Ave, Double Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1981. The property has a land size of 180m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1981
Floor Size
121m2
Land Size
180m2
Local Government
Woollahra
Lot/Plan
5/SP16566

Last Listing description (October 2021)

Occupying the prized NE corner on level 2 in this tightly held building, this superbly redesigned apartment with top quality finishes and meticulously maintained is perfect for downsizers and families seeking space, style, and tranquilly. This stylish house-size apartment with light-filled contemporary interiors flows to a huge covered terrace with beautiful manicured garden vistas, designed by landscape architect Humberto Urriola.

Fusing inspired design with top quality finishes throughout and meticulously maintained every detail has been considered in this bright and airy luxury residence.

This home is absolutely immaculate and would suit the most fastidious purchaser. A rare find in the perfect lifestyle location, so close to Double Bay village, Edgecliff Station, Double Bay Ferry Wharf, harbour side Steyne Park, schools, shops, cafes and restaurants and approx. 3 km to the CBD.

- Private, sunny, northeast aspect, garden views
- King-size main bedroom with built-ins, ensuite
- Formal dining with option as a study or 4th bedroom
- 2 internal security parking spaces on title
- Covered terrace with overhead heating elements, skylights
- External fully-retractable louvered shutter system for maximum light
- Spacious open plan kitchen, living/dining area flow to entertaining terrace
- State-of-the-art kitchen, Miele appliances
- Pyrolytic and steam ovens, ceramic cooktop with induction
- Caesarstone Statutario Maximus bench tops and splashback
- Designer bathroom, floor to ceiling tiles, frameless glass shower screens
- Laundry with integrated polyurethane finish joinery, washtub, storage
- Urbanature stone wash European engineered oak flooring
- Sound insolation of floors with Acoustica Underlay
- Tiger Grey Sisal carpet using cushion pad wool-blend underlay
- Daikin air conditioning reverse-cycle system throughout
- Luxaflex Pirouette shadings, LED lighting
- Internal and external gas heating fitting bayonets
- External CCTV surveillance cameras., hands-free video intercom
- Data and communications cabling system
- Fire detection system
- Lock up storeroom (common property)
- Dual access from Ocean and Greenoak Avenues
- Visitor parking available

Please note when attending open for inspections we kindly ask that you adhere to the current COVID safety guidelines: Social distance, sanitise hands and wear a mask.

Property History for 5/31 Ocean Ave, Double Bay, NSW 2028

A timeline of how this property has performed in the market
Last Sold
$3,010,000
07 Oct 2021
Listed for Rent
$880/w
29 Jun 2011
  • 07 Oct 2021
    Sold for $3,010,000
  • 13 Oct 2020
    Listed for Sale Contact Agent
  • 10 Dec 2019
    Sold for $2,665,000
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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 3,673 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.