5/46-54 South StreetEdgecliff NSW 2027
Property Details for 5/46-54 South St, Edgecliff
5/46-54 South St, Edgecliff is a 1 bedroom, 1 bathroom Unit and was built in 1978. The property has a land size of 50m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
With its tranquil leafy setting and convenient address, this neat and tidy studio presents a fantastic entry opportunity to the sought-after Edgecliff market. The floorplan lends itself to being easily converted to a one bedroom (STCA) and features an enormous wraparound balcony that offers a lovely leafy, private vista over the common gardens. Perfect for the first homebuyer or an investment prospect, the affordable apartment offers enormous scope to add your stamp of style with a cosmetic revamp. With Edgecliff station, a mere 600 metres away, the apartment is also a stroll to cafes and restaurants in Double Bay and Paddington.
- Quiet, private, leafy setting
- Open plan living/kitchen with separate bedroom space
- Original bathroom, scope to renovate
- Affordable first home or investment
- Strong rental demand, good returns
- 600m to Edgecliff Centre/Station, close to Trumper Park and Rushcutters Bay
- Stroll to cafes, transport and restaurants
- A total of 50sqm on title (including balcony)
Property History for 5/46-54 South St, Edgecliff, NSW 2027
- 05 Mar 2021Sold for $530,000
- 09 Feb 2021Listed for Sale Buyers Guide $500,000
- 25 Sep 2014Sold for $365,000
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0About 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 1,982 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.
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