SOLD
Sold on 11 Apr 2024 for $8,600,000

5 Mcdonald Street
Potts Point NSW 2011

Bedrooms: 5
Bathrooms: 4
Car spaces: 3
Floor area: 320m2
Land area: 273m2
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Property Details for 5 Mcdonald St, Potts Point

5 Mcdonald St, Potts Point is a 5 bedroom, 4 bathroom House with 3 parking spaces and was built in 1890. The property has a land size of 273m2 and floor size of 320m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom House sold in Potts Point in the last 12 months.

Building Type
House
Year Built
1890
Floor Size
320m2
Land Size
273m2
Local Government
Sydney
Lot/Plan
A/DP433722

Last Listing description (November 2023)

A rare and exciting opportunity exists to acquire your piece of Potts Point's history, `Jersey' is one of the last remaining original Victorian terraces offering boundless potential and possibilities. Grandly proportioned and exuding timeless elegance, this exquisite residence is the standout home in a row of three c1880's terraces, spanning four incredible levels and enjoying rear lane access to three off-street parking spaces. It is exceptionally positioned in peaceful McDonald Street, while within a stroll of cosmopolitan Macleay Street's shops, deli's, hip bars and popular eateries, Woolloomooloo's celebrated harbourside dining and boasting rapid access to the CBD.

High Points

- One of the last remaining original mansions

- Boundless potential and possibilities (STCA)
- Scope to restore to its former glory (STCA)
- Grand proportions, exquisite period fixtures
- Oversized bedrooms, master with ensuite
- Side and rear lane access to three secure parking
- Stroll to Macleay Street's shop, bars and cafs
Walk to the station and Woolloomooloo dining

For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au

Property History for 5 Mcdonald St, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$8,600,000
11 Apr 2024
Listed for Rent
$320/w
13 Feb 2011
  • 11 Apr 2024
    Sold for $8,600,000
  • 14 Nov 2023
    Listed for Sale Auction, unless sold prior
  • 13 Feb 2011
    Listed for Rent $320 / week
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About Potts Point 2011

The size of Potts Point is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.5% of total area. The population of Potts Point in 2011 was 6,861 people. By 2016 the population was 9,425 showing a population growth of 37.4% in the area during that time. The predominant age group in Potts Point is 20-29 years. Households in Potts Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Potts Point work in a professional occupation. In 2011, 35.1% of the homes in Potts Point were owner-occupied compared with 31.3% in 2016.

Potts Point has 7,197 properties. Over the last 5 years, Houses in Potts Point have seen a -4.46% decrease in median value, while Units have seen a 15.38% increase. As at 31 October 2024:

  • The median value for Houses in Potts Point is $2,751,358 while the median value for Units is $1,051,909.
  • Houses have a median rent of $675 while Units have a median rent of $650.
There are currently 18 properties listed for sale, and 56 properties listed for rent in Potts point on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Potts point.

Suburb Insights for Potts Point 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.