5/489 Old South Head RoadRose Bay NSW 2029
Property Details for 5/489 Old South Head Rd, Rose Bay
5/489 Old South Head Rd, Rose Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 517m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (December 2020)
Just footsteps from shops cafes and transport this oversized light filled apartment offers the ultimate convenience of Rose Bay living.
Unrenovated and brimming with potential it benefits from one of the most dynamic locations in the east with future growth sure to outpace the market.
- 66sqm + parking, generous proportions
- Large lounge opening to balcony with a leafy outlook and city cameos
- Extremely generous separate kitchen and internal laundry
- Double bedroom at the rear of the apartment has a second balcony
- Parking space on title - entry through Liverpool Street
- Metres to the new Harris Farm, Bake Bar, Bunnings and the proposed Woolworths
- Minutes to the harbour foreshore and Bondi Beach
- An ideal first home or investment with exciting growth potential
Water rates: $153.56pq
Council rates: $312.35pq
Strata levies: $779.16pq (Admin $467.91 Capital $311.25)
Property History for 5/489 Old South Head Rd, Rose Bay, NSW 2029
- 15 Dec 2020Sold for $685,000
- 19 Nov 2020Listed for Sale Auction by Alex Hart
- 02 Nov 2015Listed 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 5,989 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.
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