OFF MARKET

5/530 New South Head Road
Double Bay NSW 2028

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 92m2
Land area: 105m2
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Last updated 11 Nov 2024
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Property Details for 5/530 New South Head Rd, Double Bay

5/530 New South Head Rd, Double Bay is a 2 bedroom, 1 bathroom Unit and was built in 1925. The property has a land size of 105m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1925
Floor Size
92m2
Land Size
105m2
Local Government
Woollahra
Lot/Plan
5/SP663

Last Listing description (October 2024)

Nestled peacefully to the rear of grand Art Deco building 'Petarli', this over-sized 2-bedroom apartment blends stylish contemporary interiors with an abundance of period charm, just steps to the vibrant village and harbourfront of Double Bay. Recently renovated with a fresh modern aesthetic, the home features classic no common walls, high ceilings and timber flooring, with serene leafy outlooks from every room.

The kitchen is a bright and generous space, well-appointed and streamlined with an adjacent dining room ideal for easy family life and entertaining, while a separate living room offers the perfect place to unwind. Two double bedrooms feature built-in robes, while the chic bathroom includes shower over bath and laundry facilities.

Steps to the lively cafe and shopping scene of Double Bay, this home is perfectly positioned at the heart of Sydney's East with stunning harbour beaches, Watsons Bay and Bondi all within easy reach. With wonderful schooling options for young families, easy city transport at your door and high rental demand, this is an excellent chance for owner-occupiers and investors alike.

PROPERTY FEATURES
Renovated 2-bed in Art Deco building 'Petarli'
Quietly set in well-maintained security building
Spacious living room, high ceilings, timber floors
Kitchen w/ adjacent dining, induction cooktop
Westinghouse Pyrolytic oven with Air Fry, DW
Chic and roomy bathroom with laundry facilities
2 peaceful double bedrooms with built-in robes
Convenient rear access via Sherbrooke Avenue
Steps to Double Bay shops, cafes, and boutiques
Close to the ferry, city buses at your doorstep
Stroll to famed Murray Rose (Redleaf) Pool

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Property History for 5/530 New South Head Rd, Double Bay, NSW 2028

A timeline of how this property has performed in the market
Last Sold
$1,120,000
05 May 2021
  • 27 Sep 2024
    Listed for Sale AUCTION
  • 05 May 2021
    Sold for $1,120,000
  • 30 Sep 2020
    Listed for Sale FOR SALE
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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.

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