401/12 Ithaca Road, Elizabeth Bay, NSW 2011 sold on 17 April 2025 | OnTheHouse
SOLD
Sold on 17 Apr 2025 for $1,850,000

401/12 Ithaca Road
Elizabeth Bay NSW 2011

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 2047m2
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Property Details for 401/12 Ithaca Rd, Elizabeth Bay

401/12 Ithaca Rd, Elizabeth Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 2047m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Unit sold in Elizabeth Bay in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
80m2
Land Size
2047m2
Local Government
Sydney
Lot/Plan
13/SP5704

Last Listing description (July 2025)

This serene 2-bedroom apartment in the iconic Ithaca Gardens presents perfect living in a harborside setting. Set on the 4th level of this famed Harry Seilder-designed building, it showcases clean lines, high ceilings, and wide dimensions, highlighted by broad picture windows that frame a sunny outlook to capture glimpses of the waters of Elizabeth Bay, complete with balcony and private parking.

The spacious open-plan living and dining area extends to the balcony, perfect for a morning coffee in the sun, while a cross-building layout grants the modern kitchen a vibrant outlook onto Elizabeth Bay Rd. The tranquil master bedroom offers an ideal N-facing aspect, with the 2nd bedroom a quiet space offering scope for use as an office/study. The modernized bathroom meanwhile features full bath and internal laundry connections.

With easy level lift access to the undercover parking spot and just steps to Elizabeth Bay and Potts Point cafes, this is a lifestyle address to savor, a stroll to the harbor foreshore at Beare Park and with easy access to the amenities of Macleay St. Built c1960, Ithaca Gardens is regarded as an example of Australian modernist design and the building retains this p allure, with this apartment at-the-ready for the new owner to fall in love with.

Sunlit 2-bed home in iconic 'Ithaca Gardens' with parking
Set on level 4 of Harry Seidler-designed modernist building
Wide picture windows frame leafy outlook, water glimpses
Radiant living/dining flows to sun-soaked private balcony
Modern kitchen, elevated street outlook, great natural light
Main bed with north aspect, 2nd bed scope for use as study
Updated bathroom with full bath and laundry connections
Easy level lift access to private undercover parking space
Elegant modernist interiors, high ceilings, timeless design
Moments to Beare Park, cafes, dining, harbour foreshore
Rare chance in coveted building, ready to move straight in

Property History for 401/12 Ithaca Rd, Elizabeth Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$1,850,000
17 Apr 2025
Listed for Rent
$675/w
17 Jan 2013
  • 17 Apr 2025
    Sold for $1,850,000
  • 10 Apr 2025
    Listed for Sale Not Disclosed
  • 12 Jan 2013
    Listed for Rent $675 / week
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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 4,657 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a 43.17% increase in median value, while Units have seen a 5.42% increase. As at 30 November 2025:

  • The median value for Houses in Elizabeth Bay is $2,549,211 while the median value for Units is $1,072,889.
  • Houses have a median rent of $650 while Units have a median rent of $700.
There are currently 6 properties listed for sale, and 11 properties listed for rent in Elizabeth bay on OnTheHouse. According to Cotality's data, 212 properties were sold in the past 12 months in Elizabeth bay.

Suburb Insights for Elizabeth Bay 2011

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.