SOLD
Sold on 06 Mar 2024 for $620,000

1001/161 New South Head Road
Edgecliff NSW 2027

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 33m2
Land area: 2767m2
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Property Details for 1001/161 New South Head Rd, Edgecliff

1001/161 New South Head Rd, Edgecliff is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 2767m2 and floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Edgecliff in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
33m2
Land Size
2767m2
Local Government
Woollahra
Lot/Plan
54/SP60684

Last Listing description (October 2023)

The lifestyle appeal within footsteps to Edgecliff Centre and Rushcutters Bay Park gives this smartly presented apartment excellent value. It offers a quality home or investment opportunity in a great location with easy CBD access

Ultra-convenient location, this 1 bedroom in situated in the contemporary boutique building 'Diseno', which was designed by Allen, Jack + Cottier.

This apartment offers the ultimate in low maintenance living with the clever use of space.

LEASED TO 13TH JULY 2024 at $550 PER WEEK

Double bedroom with built-ins
Stylish ensuite bathroom includes an internal laundry
Open plan living/dining
Modern gas-cooking kitchen featuring stone finishes and dishwasher
Secure carspace
Visitor parking within building
Secure and convenient address
Lift, video intercom
Strong yield investment

Stroll to Edgecliff Centre & Station & all its amenities, Moments' walk to Rushcutters Bay Park, 5-8 min train to CBD, minutes to Bondi Junction and Double Bay shopping and restaurant precinct.

Property History for 1001/161 New South Head Rd, Edgecliff, NSW 2027

A timeline of how this property has performed in the market
Last Sold
$620,000
06 Mar 2024
Listed for Rent
$550/w
06 Jul 2023
  • 06 Mar 2024
    Sold for $620,000
  • 27 Jun 2023
    Listed for Rent $550 / week
  • 06 May 2022
    Listed for Rent - Price not available
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About Edgecliff 2027

The size of Edgecliff is approximately 0.3 square kilometres. It has 4 parks covering nearly 3.2% of total area. The population of Edgecliff in 2011 was 1,980 people. By 2016 the population was 2,571 showing a population growth of 29.8% in the area during that time. The predominant age group in Edgecliff is 30-39 years. Households in Edgecliff are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Edgecliff work in a professional occupation. In 2011, 45% of the homes in Edgecliff were owner-occupied compared with 47% in 2016.

Edgecliff has 1,983 properties. Over the last 5 years, Houses in Edgecliff have seen a 78.79% increase in median value, while Units have seen a 18.83% increase. As at 31 October 2024:

  • The median value for Houses in Edgecliff is $4,594,542 while the median value for Units is $1,458,767.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Edgecliff on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Edgecliff.

Suburb Insights for Edgecliff 2027

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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.