56 Edward StreetNorth Sydney NSW 2060
Property Details for 56 Edward St, North Sydney
Last Listing description (April 2025)
RWC Eastern Suburbs and Ray White Double Bay are pleased to present to market, 56 Edward St, North Sydney being sold via Public Auction.
Remarkable opportunity to acquire an entire block of 4 strata units in one line in the heart of North Sydney,
The property offers an incredible opportunity to add value to the building and offers future development potential given the property falls within the LMR zone under the proposed NSW Government planning controls.
Situated approximately 600m from Victoria Cross Metro Station, 200m to Australian Catholic University, less than 1km to Mater Private Hospital, 700m to Waverton Train Station, 550m to North Sydney Station and moments to Woolworths, popular cafes and restaurants.
Ideal for investors and developers alike to capitalise on the current housing market shortage and immigration boom.
Additional Highlights of the Property:
- Entire block of 4 strata titled apartments
- Substantial 696m2 (approx.) block of land
- 18m frontage with scope to develop and add value (STCA)
- Favorable LMR zoning allowing for increased density and height
- Consisting of 4 x 2 bedroom + study / sunrooms with onsite parking
- Currently returning $152,412pa with scope to increase
Inspection Times:
Saturday & Thursday | 9:30 - 10:00am (commencing Saturday 15th March)
Auction Details:
Date: Tuesday 8th April, 2025 at 5pm
Location: Homely Auction House
Address: Level 1, 29-33 Bay St, Double Bay NSW 2028
For further information, please contact the exclusive selling agents.
Zorick Toltsan
RWC Eastern Suburbs
0411 227 784
Melanie Lahoud
Ray White Double Bay
0400 554 544
Breanna Skewes
Ray White Double Bay
0400 487 040
Property History for 56 Edward St, North Sydney, NSW 2060
- 13 Mar 2025Listed for Sale Auction
- 20 Feb 2020Listed for Rent $690 / week
- 18 Dec 2005Listed for Rent - Price not available
Recent sales nearby
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0About North Sydney 2060
The size of North Sydney is approximately 1.5 square kilometres. There are 21 parks, covering nearly 7.7% of the total area. The population of North Sydney in 2016 was 7705 people. By 2021 the population was 8964 showing a population growth of 16.3% in the area during that time. The predominant age group in North Sydney is 30-39 years. Households in North Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Sydney work in a professional occupation.In 2021, 36.30% of the homes in North Sydney were owner-occupied compared with 37.80% in 2016.
North Sydney has 8,173 properties. Over the last 5 years, Houses in North Sydney have seen a -7.39% decrease in median value, while Units have seen a -4.36% decrease. As at 31 July 2026:
- The median value for Houses in North Sydney is $2,934,308 while the median value for Units is $1,194,423.
- Houses have a median rent of $1,275 while Units have a median rent of $820.
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