550-550A New South Head Road, Point Piper, NSW 2027 | Property Value & History | OnTheHouse
OFF MARKET

550-550A New South Head Road
Point Piper NSW 2027

Bedrooms: 7
Bathrooms: 5
Car spaces: -
Land area: 6897m2
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Property Details for 550-550a New South Head Rd, Point Piper

550-550a New South Head Rd, Point Piper is a 7 bedroom, 5 bathroom House. The property has a land size of 6897m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
House
Land Size
6897m2
Local Government
Woollahra
Lot/Plan
2/DP1038131

Last Listing description (May 2015)

For more information email ken@kenjacobs.com.au
or visit www.elainesydney.com
6,986sqm (1.72 acres) Waterfront in Point Piper, on 6 titles

Owned by the one family for 4 generations, 122 years
Elaine, is the most significant residential estate to ever be sold in Australia
Likely to be the last of the great old harbour front estates that will be offered into private hands
7 bedrooms, 5 bathrooms, across 3 levels, a ballroom, a tennis court, stables and rolling lawns down to seven shillings beach
Acclaimed as Australia's finest property, the Elaine estate is one of the most significant offerings ever to come to market in Australia. Situated about 5kms from the city centre on 6,986sqm (1.72 acres) with approximately 43.5m frontage on Seven Shillings Beach, no comparable estate has ever been offered for purchase. Erected in 1863 in the grand Victorian mansion style, Elaine's ballroom, numerous balconies boasting stunning Sydney Harbour views, and rolling gardens have played host to a bevy of important guests across four generations of ownership by one of Australia's greatest media families.
Spanning six separate titles, the estate offers the flexibility of a magnificent family compound to potential luxury apartment development. Elaine is the priceless jewel of Sydney and the estate's attributes and deep-seated history are impossible to replicate, making this a truly unique opportunity to own a piece of Australian history - and to invest in its exciting future.
Visit the link below to listen to an interview with Ken Jacobs on 2GB
https:/?/?www.youtube.com/?watch?v=pXC-RqiP7J8
Inspection by appointment
For sale via Expressions of Interest

Property History for 550-550a New South Head Rd, Point Piper, NSW 2027

A timeline of how this property has performed in the market
Last Sold
$130,000,000
27 Sep 2024
  • 27 Sep 2024
    Sold for $130,000,000
  • 28 Apr 2017
    Sold for $71,000,000
  • 24 Feb 2014
    Listed for Sale Not Disclosed
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About Point Piper 2027

The size of Point Piper is approximately 0.4 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Point Piper in 2016 was 1424 people. By 2021 the population was 1334 showing a population decline of 6.3% in the area during that time. The predominant age group in Point Piper is 60-69 years. Households in Point Piper are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Point Piper work in a professional occupation.In 2021, 69.40% of the homes in Point Piper were owner-occupied compared with 66.10% in 2016.

Point Piper has 963 properties. Over the last 5 years, Houses in Point Piper have seen a 75.57% increase in median value, while Units have seen a 45.80% increase. As at 30 November 2025:

  • The median value for Houses in Point Piper is $17,313,502 while the median value for Units is $3,134,530.
  • Houses have a median rent of $1,425 while Units have a median rent of $1,325.
There are currently 8 properties listed for sale, and no properties listed for rent in Point piper on OnTheHouse. According to Cotality's data, 26 properties were sold in the past 12 months in Point piper.

Suburb Insights for Point Piper 2027

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Cotality Copyright and Legal Disclaimers about Property Data
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.