5/70-70a Bayswater Rd, Rushcutters Bay is a 1 bedroom, 1 bathroom Studio. The property has a land size of 28m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Studio sold in Rushcutters Bay in the last 12 months.
This charming and light-filled first-floor studio combines modern convenience with a character-filled atmosphere. The spacious living area, featuring high ceilings and timber floors, creates a sense of warmth, while built-in storage and a security intercom add practicality. The separate kitchen is well-equipped with gas cooking, space for a fridge and microwave, and ample storage. The hallway includes built-in robes and a linen cupboard, providing additional functionality. The updated bathroom, complete with a bathtub, enhances the appeal. Freshly painted throughout, it is ready to move straight in or rent out.
Offering a strong rental yield of approximately 5%, this low-maintenance property is perfectly positioned within walking distance to trains, shops, parks, and the harbour foreshore. With its blend of character and convenience, this studio is an ideal investment or first home, further complemented by low strata fees.
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The size of Rushcutters Bay is approximately 0.2 square kilometres. It has 1 park covering nearly 21.3% of total area. The population of Rushcutters Bay in 2011 was 2,371 people. By 2016 the population was 2,550 showing a population growth of 7.5% in the area during that time. The predominant age group in Rushcutters Bay is 30-39 years. Households in Rushcutters Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rushcutters Bay work in a professional occupation. In 2011, 36.6% of the homes in Rushcutters Bay were owner-occupied compared with 32.5% in 2016..
Rushcutters Bay has 2,331 properties. Over the last 5 years, Houses in Rushcutters Bay have seen a -30.58% decrease in median value, while Units have seen a 11.66% increase. As at 31 October 2024:
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