SOLD
RECENT ADVICE
Sold on 05 Mar 2024 for $2,600,000

12 Elaroo Avenue
Phillip Bay NSW 2036

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 12 Elaroo Ave, Phillip Bay

12 Elaroo Ave, Phillip Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Phillip Bay in the last 12 months.

Building Type
House

Last Listing description (March 2024)

Enjoy the serenity as the sun sets over Yarra Bay and enjoy the good life in this tightly held village enclave. Completely original and ripe for redevelopment, this freestanding cottage set on a 405sqm parcel of land with unobstructed water views is surrounded by acres of beautiful parklands, secluded beaches and tranquil bays that make Phillip Bay the East's serene paradise. This rare and unique property provides an exceptional opportunity to create your own waterfront oasis.

- Generous 405sqm parcel of land with 12.2m frontage
- Desirable North-East to rear aspect, level parcel of land

- Existing residence awaits redevelopment
- Perfect project for keen investors, developers or builders
- Rare offering to secure a tightly held dress-circle address
- Opportunity to live in the most serene suburb in the East
- Peaceful yet convenient lifestyle in a village-like setting
- Walk to Yarra Bay Beach, sailing club, Little Bay village
- Easily accessible to Sydney Airport and major arterial roads
- Buses to Westfield Eastgardens, the City and Bondi Junction

Property History for 12 Elaroo Ave, Phillip Bay, NSW 2036

A timeline of how this property has performed in the market
Last Sold
$2,600,000
05 Mar 2024
  • 05 Mar 2024
    Sold for $2,600,000
  • 10 May 2023
    Listed for Sale Price on Request
  • 01 Aug 2001
    Sold for $500,000

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About Phillip Bay 2036

The size of Phillip Bay is approximately 0.6 square kilometres. It has 5 parks covering nearly 29.1% of total area. The population of Phillip Bay in 2011 was 635 people. By 2016 the population was 693 showing a population growth of 9.1% in the area during that time. The predominant age group in Phillip Bay is 10-19 years. Households in Phillip Bay are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Phillip Bay work in a professional occupation. In 2011, 83.7% of the homes in Phillip Bay were owner-occupied compared with 80.4% in 2016.

Phillip Bay has 284 properties. Over the last 5 years, Houses in Phillip Bay have seen a 71.73% increase in median value, while Units have seen a 66.19% increase. As at 30 November 2024:

  • The median value for Houses in Phillip Bay is $2,685,227 while the median value for Units is $1,588,481.
  • Houses have a median rent of $763.
There are currently 1 property listed for sale, and 1 property listed for rent in Phillip bay on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Phillip bay.

Suburb Insights for Phillip Bay 2036

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Contact agent
Paul Spanoudakis
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Frank Adlard
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Raine & Horne Maroubra
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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.