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Sold on 27 Jun 2024 for $1,550,000

5/1 Margaret Street
Fairlight NSW 2094

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 82m2
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Property Details for 5/1 Margaret St, Fairlight

5/1 Margaret St, Fairlight is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 82m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Apartment sold in Fairlight in the last 12 months.

Building Type
Apartment
Floor Size
82m2
Land Size
82m2
Local Government
Northern Beaches
Lot/Plan
5/SP29

Last Listing description (June 2024)

Positioned on the first floor of a well-maintained complex of twelve, this apartment offers breathtaking views of Sydney Harbour and through to the Heads. Wake up to stunning vistas from your bedroom and enjoy the magnificent outlook from the kitchen, lounge, or dining area. Start your day with a 2 minute walk to Fairlight beach and rockpool or take a 5 minute stroll into Manly for coffee and breakfast. Freshly painted, this private and sunny apartment features floorboards throughout, windows on three sides and abundant natural light, making it a perfect residence or investment.

* Two bedrooms, large main with built-in wardrobe and views

* Sunny, modern kitchen with glass splashback, stone benchtop and dishwasher
* Renovated bathroom with face-level storage, internal laundry facilities
* Lock-up garage with internal access from the entry stairwell
* Premium position near Fairlight and Delwood beaches
* Easy access to vibrant Manly restaurants, cafes, and bars
* Supermarkets and city transport links within walking distance

Strata: $1,101pq approx
Council: $1,616pa approx
Water: $686pa approx

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Property History for 5/1 Margaret St, Fairlight, NSW 2094

A timeline of how this property has performed in the market
Last Sold
$1,550,000
27 Jun 2024
Listed for Rent
$700/w
08 Apr 2015
  • 27 Jun 2024
    Sold for $1,550,000
  • 19 Jun 2024
    Listed for Sale Auction
  • 25 May 2022
    Sold for $1,250,000
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About Fairlight 2094

The size of Fairlight is approximately 1.2 square kilometres. It has 6 parks covering nearly 24.3% of total area. The population of Fairlight in 2011 was 5,489 people. By 2016 the population was 5,821 showing a population growth of 6.0% in the area during that time. The predominant age group in Fairlight is 30-39 years. Households in Fairlight are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fairlight work in a professional occupation. In 2011, 62.4% of the homes in Fairlight were owner-occupied compared with 64.2% in 2016.

Fairlight has 3,140 properties. Over the last 5 years, Houses in Fairlight have seen a 56.79% increase in median value, while Units have seen a 32.78% increase. As at 30 September 2024:

  • The median value for Houses in Fairlight is $3,668,789 while the median value for Units is $1,775,381.
  • Houses have a median rent of $1,398 while Units have a median rent of $925.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Fairlight on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Fairlight.

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