501/40 Macleay St, Elizabeth Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
This bright and airy north east facing 1 bedroom is situated on the 5th floor at the rear of a well maintained security building. The apartment is approximately 36sqm and has excellent views over the Harbour and Elizabeth Bay from the balcony and lounge room.
Ideally located in the heart of vibrant Potts Point with entertainment, boutique shops and Woolworths at your doorstep. This apartment would be perfect for the astute investor, home owner or an ideal pied-a-terre. With room to renovate in order to improve the rental return or create you perfect home.
The size of Elizabeth Bay is approximately 0.2 square kilometres. It has 5 parks covering nearly 10.8% of total area. The population of Elizabeth Bay in 2011 was 5,093 people. By 2016 the population was 5,222 showing a population growth of 2.5% in the area during that time. The predominant age group in Elizabeth Bay is 30-39 years. Households in Elizabeth Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elizabeth Bay work in a professional occupation. In 2011, 38.5% of the homes in Elizabeth Bay were owner-occupied compared with 36.1% in 2016..
Elizabeth Bay has 4,659 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a -24.09% decrease in median value, while Units have seen a 16.56% increase. As at 31 October 2024:
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