705/40 Macleay St, Elizabeth Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 41m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Unit sold in Elizabeth Bay in the last 12 months.
A perfect north aspect, a secure car space and a sunny balcony with easterly harbour view over boat-filled Elizabeth Bay to Darling Point and Rose Bay are winning hallmarks of this one-bedroom
apartment in the heart of Macleay Street at the border of cosmopolitan Potts Point and harbourside Elizabeth Bay. With the added advantage of a lock-up storage cage, the approx. 41sqm apartment is an ideal pied-a-terre or investment on Level 7 of the upgraded c1960 building known as 40 Macleay. A cosy retreat ready to move into and add your own style to light-filled interiors including double bedroom (with b/in wardrobe & ensuite), open-plan kitchen and living/dining area leading to the balcony. Ticking all the boxes with r/c air-con and level lift access, the apartment presents an enviable village lifestyle just footsteps to cafes/dining/shopping/buses, 500m to Kings Cross train station, and 600m to harbourside Beare Park and Rushcutters Bay Park.
Features
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 4,656 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:
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