588 New South Head Rd, Point Piper is a 8 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 652m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
First time offered in approximately 53 years, this original family home is perfectly positioned close to Cranbrook and Scots schools.
Within close walking distance to the harbour foreshore, Double Bay and Rose Bay shops, excellent restaurants, ferries, buses and Lyne Park Tennis Courts. Both Woollahra and Royal Sydney Golf Courses are nearby, as are Rose Bay Marina, the Royal Motor Yacht Club and Rose Bay Park Beach.
Offering six bedrooms plus study. In original condition, the home represents a wonderful opportunity to refurbish and add value.
Approximately 664sqm of North East facing land with a wide frontage Featuring elevated views over manicured lawns.
Two separate extra large garages, to accommodate three large cars or SUVs, plus storage.
A dream home opportunity awaiting an astute purchaser.
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:
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