OFF MARKET

706/40 Macleay Street
Elizabeth Bay NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 19m2
Land area: 19m2
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Property Details for 706/40 Macleay St, Elizabeth Bay

706/40 Macleay St, Elizabeth Bay is a 0 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 19m2 and floor size of 19m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1950
Floor Size
19m2
Land Size
19m2
Local Government
Sydney
Lot/Plan
48/SP55068

Last Listing description (May 2023)

Found in the heart of cosmopolitan Macleay Street, this light and bright studio is ready to be refreshed to your personal taste. An ideal first home or investment, this is a great opportunity in one of the inner-city's most prized locations with great potential returns and assured capital growth.

Original condition & waiting to be updated
South-west corner position on level seven

Original bathroom, galley-style kitchenette
Exercise your design flair & reap the rewards
Elevated leafy outlook with great natural light
Well maintained security building circa 1961
Upgraded lift with secure access to each floor
Directly across from Woolies & gourmet delis
Stroll to Beare Park, Woolloomooloo foreshore
One block to Saturday's Kings Cross Markets
Easy CBD access via Kings Cross trains, buses
Strata $1,045pq; Council $1,150pa; Water $627pa

Property History for 706/40 Macleay St, Elizabeth Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$342,000
04 May 2023
Listed for Rent
09 Dec 2021
  • 04 May 2023
    Sold for $342,000
  • 13 Apr 2023
    Listed for Sale Contact Agent
  • 25 Jan 2022
    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 4,713 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a -18.12% decrease in median value, while Units have seen a 21.02% increase. As at 30 November 2024:

  • The median value for Houses in Elizabeth Bay is $3,452,539 while the median value for Units is $1,145,713.
  • Houses have a median rent of $670 while Units have a median rent of $690.
There are currently 7 properties listed for sale, and 17 properties listed for rent in Elizabeth bay on OnTheHouse. According to CoreLogic's data, 240 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.