OFF MARKET

550-550A New South Head Road
Point Piper NSW 2027

Bedrooms: 7
Bathrooms: 5
Car spaces: -
Land area: 6859m2
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Property Details for 550-550a New South Head Rd, Point Piper

550-550a New South Head Rd, Point Piper is a 7 bedroom, 5 bathroom House. The property has a land size of 6859m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
House
Land Size
6859m2
Local Government
Woollahra
Lot/Plan
1/DP1038131

Last Listing description (May 2015)

For more information email ken@kenjacobs.com.au
or visit www.elainesydney.com
6,986sqm (1.72 acres) Waterfront in Point Piper, on 6 titles

Owned by the one family for 4 generations, 122 years
Elaine, is the most significant residential estate to ever be sold in Australia
Likely to be the last of the great old harbour front estates that will be offered into private hands
7 bedrooms, 5 bathrooms, across 3 levels, a ballroom, a tennis court, stables and rolling lawns down to seven shillings beach
Acclaimed as Australia's finest property, the Elaine estate is one of the most significant offerings ever to come to market in Australia. Situated about 5kms from the city centre on 6,986sqm (1.72 acres) with approximately 43.5m frontage on Seven Shillings Beach, no comparable estate has ever been offered for purchase. Erected in 1863 in the grand Victorian mansion style, Elaine's ballroom, numerous balconies boasting stunning Sydney Harbour views, and rolling gardens have played host to a bevy of important guests across four generations of ownership by one of Australia's greatest media families.
Spanning six separate titles, the estate offers the flexibility of a magnificent family compound to potential luxury apartment development. Elaine is the priceless jewel of Sydney and the estate's attributes and deep-seated history are impossible to replicate, making this a truly unique opportunity to own a piece of Australian history - and to invest in its exciting future.
Visit the link below to listen to an interview with Ken Jacobs on 2GB
https:/?/?www.youtube.com/?watch?v=pXC-RqiP7J8
Inspection by appointment
For sale via Expressions of Interest

Property History for 550-550a New South Head Rd, Point Piper, NSW 2027

A timeline of how this property has performed in the market
Last Sold
$71,000,000
28 Apr 2017
  • 28 Apr 2017
    Sold for $71,000,000
  • 24 Feb 2014
    Listed for Sale Not Disclosed
  • 04 Jul 1994
    Sold

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About Point Piper 2027

The size of Point Piper is approximately 0.4 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Point Piper in 2011 was 1,403 people. By 2016 the population was 1,412 showing a population growth of 0.6% in the area during that time. The predominant age group in Point Piper is 60-69 years. Households in Point Piper are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Point Piper work in a professional occupation. In 2011, 66.6% of the homes in Point Piper were owner-occupied compared with 66.1% in 2016.

Point Piper has 950 properties. Over the last 5 years, Houses in Point Piper have seen a 73.57% increase in median value, while Units have seen a 34.22% increase. As at 31 October 2024:

  • The median value for Houses in Point Piper is $15,018,298 while the median value for Units is $2,993,599.
  • Houses have a median rent of $2,700 while Units have a median rent of $1,350.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Point piper on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Point piper.

Suburb Insights for Point Piper 2027

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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.