OFF MARKET

8/1-7 Queens Avenue
Rushcutters Bay NSW 2011

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 2322m2
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Property Details for 8/1-7 Queens Ave, Rushcutters Bay

8/1-7 Queens Ave, Rushcutters Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 2322m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1984
Floor Size
100m2
Land Size
2322m2
Local Government
Sydney
Lot/Plan
8/SP20865

Last Listing description (February 2020)

Enjoying leafy park views moments from the water's edge, this recently updated strata apartment delivers an enviable harbourside lifestyle. Its first floor interiors are defined by a breezy indoor/outdoor ambience with an oversized living area embraced by a wraparound balcony ideal for entertaining. Accommodation is generous, storage is plentiful and there's also a secure undercover car space. Tucked away at the end of a tranquil cul-de-sac in the tightly-held 'Queensboro' building, this is a great opportunity for both owner/occupiers and investors. Wonderfully peaceful in the pocket beside Rushcutters Bay Park, it's barely 10 minutes from the CBD and a stroll from dynamic bars and eateries in Potts Point.

- Generous living & dining with timber floors

- Entertainers' balcony & northerly aspect
- Sleek stone kitchen with Euro appliances
- Bedrooms with built-ins, master with ensuite
- Full main bathroom with tub, separate laundry
- Well maintained security building, lift access
- Lifestyle location enjoying solid returns
- Easy access to transport plus shopping

Council rates: $261.74 pq
Water rates: $174.21pq
Strata levies - admin: $1279.86 pq
Strata levies - sinking: $360.86 pq

Property History for 8/1-7 Queens Ave, Rushcutters Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$2,062,000
21 Feb 2022
Listed for Rent
$850/w
08 Apr 2016
  • 21 Feb 2022
    Sold for $2,062,000
  • 08 Nov 2016
    Sold for $1,367,500
  • 17 Oct 2016
    Listed for Sale Auction 8 November 2016
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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 2,235 properties. Over the last 5 years, Houses in Rushcutters Bay have seen a -30.90% decrease in median value, while Units have seen a 22.58% increase. As at 31 July 2024:

  • The median value for Houses in Rushcutters Bay is $1,767,133 while the median value for Units is $1,059,134.
  • Houses have a median rent of $525 while Units have a median rent of $595.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Rushcutters bay on OnTheHouse. According to CoreLogic's data, 98 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.