SOLD
RECENT ADVICE
Sold on 31 Oct 2024 for $2,000,000

503/1 Mclachlan Avenue
Rushcutters Bay NSW 2011

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 712m2
Sold By
Bresic Whitney Darlinghurst
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Property Details for 503/1 Mclachlan Ave, Rushcutters Bay

503/1 Mclachlan Ave, Rushcutters Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 712m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Rushcutters Bay in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
92m2
Land Size
712m2
Local Government
Sydney
Lot/Plan
23/SP101406

Last Listing description (November 2024)

Auction Location: On site

A recently completed residence of high-quality finishes and understated luxury, constructed by multi-awarded Christon with interiors by BKH, this is one of the premium 2-bedroom offerings in 'The Lachlan'. A sophisticated space of long district views and private outlooks, with glimpses into nearby Rushcutters Bay Park, it offers the ultimate in convenience and lifestyle, steps to the waterfront and so close to all the attractions of both the Eastern Suburbs and the CBD.

Highlights

* Master Builders Assoc. award-winning build
* Utmost sophistication & quality throughout
* Open living, travertine floors indoors & out
* Full-width terrace to living & both bedrooms
* Miele kitchen, integrated fridge/dishwasher
* 'Hush' glass doors, ducted AC, video entry
* Marble bathrooms & entry, designer fixtures
* Lift + common rooftop w/ views of Harbour
* Buses outside, walk to harbour, train, CBD
* Secure basement parking with large storage

Property History for 503/1 Mclachlan Ave, Rushcutters Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$2,000,000
31 Oct 2024
  • 31 Oct 2024
    Sold for $2,000,000
  • 25 Sep 2024
    Listed for Sale Guide $1,700,000

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About Rushcutters Bay 2011

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 2,338 properties. Over the last 5 years, Houses in Rushcutters Bay have seen a -32.13% decrease in median value, while Units have seen a 11.48% increase. As at 30 November 2024:

  • The median value for Houses in Rushcutters Bay is $2,153,012 while the median value for Units is $1,019,035.
  • Houses have a median rent of $505 while Units have a median rent of $600.
There are currently 6 properties listed for sale, and 11 properties listed for rent in Rushcutters bay on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Rushcutters bay.

Suburb Insights for Rushcutters Bay 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.