18/5-7 Esplanade, Elizabeth Bay, NSW 2011 sold on 25 February 2025 | OnTheHouse
 
SOLD
Sold on 25 Feb 2025 for $650,000

18/5-7 Esplanade
Elizabeth Bay NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 33m2
Land area: 1978m2
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Richardson & Wrench Elizabeth Bay / Potts Point
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Property Details for 18/5-7 Esplanade, Elizabeth Bay

18/5-7 Esplanade, Elizabeth Bay is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1978m2 and floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 0 bedroom Unit sold in Elizabeth Bay in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
33m2
Land Size
1978m2
Local Government
Sydney
Lot/Plan
18/SP9079

Last Listing description (April 2025)

Nestled on the harbourfront shores of Elizabeth Bay, this beautifully renovated strata apartment is located within the well-maintained Karingal, a recently refurbished 70s-era building. Positioned directly opposite Beare Park and Elizabeth Bay Marina, this bright apartment offers a tranquil setting in a harbourside cul-de-sac, just a short walk from the vibrant cafes and restaurants of Potts Point.

Boasting a well-thought-out floor plan that maximizes space, the apartment features a separate sleeping alcove and has been freshly renovated throughout. With an abundance of natural light and a sunny balcony offering beautiful harbour views, this apartment presents the perfect opportunity for those seeking a blue-chip investment or a stylish, low-maintenance pied--terre. The property also includes level access to a common terrace and pool, adding to its appeal.


- Beautifully refurbished Karingal 70s-era building
- Secure building with intercom and new lift
- Freshly renovated throughout w/new floors & cabinetry
- Gas cooktop with stone bench top and splash back
- High-end finishes in an elegantly presented bathroom
- Communal terrace with BBQ, pool, and laundry
- Steps from Bare Park and the Elizabeth Bay Marina
- Pet friendly building - level access
- Spacious bed alcove with clever cabinets
- Ability to install internal laundry in kitchen or simply use communal laundry
- Parking permits available from council STCA
- can be sold furnished, ready to occupy / rent out
- Strong rental due to waterfront position, balcony and renovation
- Low levies - Building recently completed major works

Approx Outgoings:
Council: $293.10pq
Water: $179.90pq
Strata: $1,195.40pq

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Property History for 18/5-7 Esplanade, Elizabeth Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$650,000
25 Feb 2025
  • 25 Feb 2025
    Sold for $650,000
  • 22 Jan 2025
    Listed for Sale $650,000
  • 02 Dec 2019
    Sold for $422,500
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About Elizabeth Bay 2011

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 4,655 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a 41.73% increase in median value, while Units have seen a 3.29% increase. As at 31 January 2026:

  • The median value for Houses in Elizabeth Bay is $3,971,274 while the median value for Units is $1,052,555.
  • Houses have a median rent of $665 while Units have a median rent of $690.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Elizabeth bay on OnTheHouse. According to Cotality's data, 205 properties were sold in the past 12 months in Elizabeth bay.

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