SOLD
Sold on 20 Oct 2023 for $446,000

54/27 Ithaca Road
Elizabeth Bay NSW 2011

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 26m2
Land area: 585m2
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Property Details for 54/27 Ithaca Rd, Elizabeth Bay

54/27 Ithaca Rd, Elizabeth Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 585m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Elizabeth Bay in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
26m2
Land Size
585m2
Local Government
Sydney
Lot/Plan
18/SP7645

Last Listing description (October 2023)

This wonderfully presented apartment located on the 5th floor in a security building in the heart of Elizabeth Bays most desired location. With only minutes walk to Rushcutters Bay Park and the Royal Cruising Yacht Club, it is conveniently positioned to cafes, shops and transport, the Marana building features a simplistic & convenient modern approach to studio living.

- Bright & airy floorplan with large windows

- Full-height brand new custom-built wardrobes with extra storage
- Tidy kitchen with new stove/oven and open shelving
- Neat bathroom with window for good air ventilation
- Brand new carpet with freshly painted throughout
- Coin operated laundry and elevator facilities are available in building
- Security building with registered car space
- Just metres to the Harbour & beautiful Beare Park, Elizabeth Bay shops, cafes & transport

Strata: $1,245 p/q (approx.)
Council: $287 p/q (approx.)
Water: $173 p/q (approx.)

Property History for 54/27 Ithaca Rd, Elizabeth Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$446,000
20 Oct 2023
Listed for Rent
$360/w
30 Apr 2022
  • 20 Oct 2023
    Sold for $446,000
  • 10 Aug 2023
    Listed for Sale For Sale I $460,000
  • 25 Mar 2022
    Listed for Rent - Price not available
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About Elizabeth Bay 2011

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 4,714 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a 23.41% increase in median value, while Units have seen a 20.94% increase. As at 30 September 2024:

  • The median value for Houses in Elizabeth Bay is $4,032,353 while the median value for Units is $1,137,561.
  • Houses have a median rent of $675 while Units have a median rent of $680.
There are currently 14 properties listed for sale, and 14 properties listed for rent in Elizabeth bay on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Elizabeth bay.

Suburb Insights for Elizabeth Bay 2011

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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.