OFF MARKET

78/5-7 Esplanade
Elizabeth Bay NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 1977m2
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Property Details for 78/5-7 Esplanade, Elizabeth Bay

78/5-7 Esplanade, Elizabeth Bay is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1977m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1975
Floor Size
46m2
Land Size
1977m2
Local Government
Sydney
Lot/Plan
78/SP9079

Last Listing description (June 2023)

Harbourfront on the shores of Elizabeth Bay, this 33 sqm luxury strata studio is found within the perfectly kept Karingal 70's security building. Directly across from Beare Park, Elizabeth Bay Marina and Sydney Harbour, this 7th floor apartment is positioned in a peaceful harbourside cul-de-sac in walking distance to the vibrant cafes and restaurants of Potts Point. Featuring a well designed floor plan that maximises the use of space. The apartment comes with a separate sleeping alcove, built in wardrobe, marble finishes in the kitchen/bathroom & herringbone parquet floors. With abundant natural light, a sunny terrace with harbour views and undercover parking this apartment is an ideal choice for those looking for a blue-chip investment or a sophisticated pied-a-terre.

What we love
- Renovated, spacious studio

- Bedroom alcove, b/in wardrobe, ceiling fan
- Modern marble kitchen, bathroom parquet oak flooring
- Harbour & leafy views from the sunny balcony, storage
- Resort style living with outdoor pool, BBQ and entertaining areas
- Undercover parking on title, security building, lift
- Direct access to Elizabeth Bay Marina, Beare Park and harbour foreshore
- Prime location, with easy access to public transportation, cafes and restaurants.
- Currently tenanted $650 pw (furnished)

Outgoings
- Council: $287.40 approx. p/q
- Water: $158.45 approx. p/q
- Strata: $1,501.38 approx. p/q

Property History for 78/5-7 Esplanade, Elizabeth Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$725,000
19 Jun 2023
Listed for Rent
$625/w
19 Oct 2022
  • 19 Jun 2023
    Sold for $725,000
  • 23 May 2023
    Listed for Sale Auction
  • 18 Oct 2022
    Listed for Rent $625 / week
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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 4,661 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:

  • The median value for Houses in Elizabeth Bay is $3,200,797 while the median value for Units is $1,095,524.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 14 properties listed for sale, and 23 properties listed for rent in Elizabeth bay on OnTheHouse. According to CoreLogic's data, 230 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.