1/7 Ithaca Rd, Elizabeth Bay is a 1 bedroom, 1 bathroom Unit and was built in 1935. While the property is not currently for sale or for rent, it was last sold in March 2016.
This ground floor apartment's premier location in a boutique strata title Spanish mission building of 12, promises certain success for investors, renovators or low maintenance lifestyle seekers. It captures water views over Elizabeth Bay and the headland beyond. This great property also enjoys a quiet position in a waterside cul-de-sac opposite Beare Park and within a stroll to buses, trains and Potts Point's vibrant cafe scene.Polished floors, high ceilings and picture railsDouble sized bedroom plus separate sunroom/studyCombined lounge room and dining areaKitchen with gas fittings and internal laundryGround floor position with easy level street accessLocated just footsteps from the waterfront, the property also represents a superb opportunity to enter this sought-after market and offers lots of future scope to enhance/renovate and add tremendous value.
The size of Elizabeth Bay is approximately 0.2 square kilometres. It has 5 parks covering nearly 10.8% of total area. The population of Elizabeth Bay in 2016 was 5215 people. By 2021 the population was 4878 showing a population decline of 6.5% in the area during that time. The predominant age group in Elizabeth Bay is 30-39 years. Households in Elizabeth Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elizabeth Bay work in a professional occupation.In 2021, 38.20% of the homes in Elizabeth Bay were owner-occupied compared with 36.10% in 2016.
Elizabeth Bay has 4,658 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a 46.80% increase in median value, while Units have seen a 0.57% increase. As at 28 February 2026:
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