OFF MARKET

7/5-7 Esplanade
Elizabeth Bay NSW 2011

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 28m2
Land area: 1978m2
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Property Details for 7/5-7 Esplanade, Elizabeth Bay

7/5-7 Esplanade, Elizabeth Bay is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 1978m2 and floor size of 28m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
1975
Floor Size
28m2
Land Size
1978m2
Local Government
Sydney
Lot/Plan
7/SP9079

Last Listing description (August 2023)

Phone Enquiry ID: 224238

Bright and airy studio apartment in one of Sydney's most beautiful bayside settings. Tucked away at the end of an exclusive cul-de-sac fronting Beare Park and Elizabeth Bay marina, this neat and tidy studio is on the 4th level at the front of the sought-after Karingal building. North facing, bright, sunny, and well maintained studio. Karingal has just gone through an exterior renovation. Fabulous location and studio to live in or capitalise on its coveted location and address as a sound investment in this picturesque waterfront setting.

+ Sunny, airy, North facing unit with balcony

+ Set in a tranquil, bayside cul-de-sac
+ Sydney harbour at the doorstep
+ Well pro-portioned 26sqm + balcony
+ Level 4 with secure lift access (security building)
+ Original kitchen in great condition
+ Original neat bathroom
+ Outdoor pool and barbecue terrace
+ Common laundry (new washers and dryers)
+ Affordable market entry/investment
+ Scope to renovate further and add value
+ Directly opposite leafy Beare Park
+ Footsteps to Elizabeth Bay Marina and cafe
+ Short walk to cosmopolitan Macleay Street and train station
+ An ideal city pad, close to the CBD
INSPECTION BY APPOINTMENT

Admin fund: $544pq
Building fund: $1,057pq
Water Rates: $148pq
Council Rates: $283pq

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Property History for 7/5-7 Esplanade, Elizabeth Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$400,000
12 Oct 2015
Listed for Rent
19 Nov 2014
  • 20 Dec 2023
    Sold
  • 30 Aug 2023
    Listed for Sale $700,000 to $720,000
  • 11 Oct 2018
    Sold
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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 4,657 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 15 properties listed for sale, and 13 properties listed for rent in Elizabeth bay on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Elizabeth bay.

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