OFF MARKET

5/24 Balfour Road
Rose Bay NSW 2029

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 693m2
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Property Details for 5/24 Balfour Rd, Rose Bay

5/24 Balfour Rd, Rose Bay is a 2 bedroom, 1 bathroom Unit and was built in 1935. The property has a land size of 693m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1935
Floor Size
66m2
Land Size
693m2
Local Government
Woollahra
Lot/Plan
5/SP12036

Last Listing description (July 2022)

Classic Art Deco character, smart modern design and pleasant leafy outlooks are combined in this light-filled apartment, that is one of 12. Set in a tree-lined street, it is freshly presented and enjoys a top lifestyle position that's within strolling distance to the harbour's edge and Plummer Road village shops and cafes.

Fresh and bright interiors have been tastefully renovated throughout and offer a modern living space with the proportions of an older style apartment. There are high ceilings and neutral dcor, as well as large windows that lets in good natural light. The kitchen has been renovated and comes with quality appliances and a Euro-style laundry, plus there are two bedrooms with ceiling fans, and a modern bathroom with full bathtub.

This property is the perfect first home or low-care high return investment in a premium harbourside address. It sits in a great position that's close to parkland and within walking distance to Rose Bay's ferry wharf, shops and village caf scene.

High Points

- Art Deco details combined with smart modern finishes
- Well-proportioned layout with a bright breezy living space
- Renovated eat-in kitchen with Miele fittings and Euro laundry
- Modern full bathroom plus plenty of built-in storage
- Two double bedrooms with ceiling fans, main has a built-in
- Set within an immaculate Art Deco block of 12 apartments
- Within a few footsteps to Plumer Road's village caf scene
- Walking distance to the harbourfront, ferry wharf and shops

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 5/24 Balfour Rd, Rose Bay, NSW 2029

A timeline of how this property has performed in the market
Last Sold
$1,004,990
13 May 2022
Listed for Rent
$550/w
14 Oct 2021
  • 13 May 2022
    Sold for $1,004,990
  • 28 Apr 2022
    Listed for Sale Price guide $900,000
  • 10 Aug 2021
    Listed for Rent - Price not available
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About Rose Bay 2029

The size of Rose Bay is approximately 2.5 square kilometres. It has 15 parks covering nearly 35.5% of total area. The population of Rose Bay in 2011 was 9,401 people. By 2016 the population was 10,027 showing a population growth of 6.7% in the area during that time. The predominant age group in Rose Bay is 30-39 years. Households in Rose Bay are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Rose Bay work in a professional occupation. In 2011, 54.9% of the homes in Rose Bay were owner-occupied compared with 52.8% in 2016.

Rose Bay has 5,992 properties. Over the last 5 years, Houses in Rose Bay have seen a 59.95% increase in median value, while Units have seen a 35.66% increase. As at 31 October 2024:

  • The median value for Houses in Rose Bay is $6,375,457 while the median value for Units is $1,628,446.
  • Houses have a median rent of $1,500 while Units have a median rent of $900.
There are currently 36 properties listed for sale, and 13 properties listed for rent in Rose bay on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Rose bay.

Suburb Insights for Rose Bay 2029

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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.