1/697 New South Head Road, Rose Bay, NSW 2029 sold on 25 March 2025 | OnTheHouse
SOLD
Sold on 25 Mar 2025 for $11,050,000

1/697 New South Head Road
Rose Bay NSW 2029

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
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Property Details for 1/697 New South Head Rd, Rose Bay

1/697 New South Head Rd, Rose Bay is a 6 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 6 bedroom BlockOfUnits sold in Rose Bay in the last 12 months.

Building Type
BlockOfUnits

Last Listing description (March 2025)

North-facing terraces, light and airy interiors and house-like layouts make the apartments ideal to move straight in or rent out, but it's the potential here that's the standout feature with the NSW Government's new planning reforms permitting up to six-storey residential developments within 400m of town centres (FSR 2.2:1) STCA. Unique to the market and fronting Rose Bay's celebrated harbourfront with its award-winning restaurants and sailing clubs, this north-facing duplex comprises two luxurious whole-floor residences offered for sale in one line. Unobstructed views over one of the world's most beautiful yachting playgrounds set the scene for an exceptional waterfront lifestyle opposite picturesque Lyne Park and the Merivale-acquired Club Rose Bay and Boothby Beach. With a frontage of over 20m to the vista and a level 350m to the buzzing village hub, this is the ultimate property for the multi-generational family with each three-bedroom residence featuring over 145sqm approx of living space plus oversized lock-up garages and storerooms.

- A remarkable harbourfront landholding
- World-class sailing and dining destination

- Panoramic due north park and bay views
- Over 20m frontage, level 562sqm approx
- Double-brick duplex, self-managed strata
- 2 renovated apartments for sale in one line
- Family friendly proportions, great layouts
- Both with 3 bed, 2 bath, lock-up garage
- Deep wraparound north-facing terraces
- Spacious living and accommodation wings
- Contemporary kitchens, quality finishes
- Renovated bathrooms, reverse cycle air
- Each with a 20sqm garage and storeroom
- New reforms in place, massive future upside
- Potential for a six-storey new build (STCA)
- Live in or rent out during the DA process
- Combined rental potential $3,800/week
- Opposite the playground and tennis courts
- 350m to Rose Bay Wharf and the city ferry
- Level 350m to Woolworths, 450m to Catalina
- Boating clubs and tennis courts at the doorstep

Property History for 1/697 New South Head Rd, Rose Bay, NSW 2029

A timeline of how this property has performed in the market
Last Sold
$11,050,000
25 Mar 2025
Listed for Rent
$530/w
06 Feb 1999
  • 25 Mar 2025
    Sold for $5,525,000
  • 29 Sep 2016
    Sold for $2,005,000
  • 27 Sep 2016
    Listed for Sale Not Disclosed
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About Rose Bay 2029

The size of Rose Bay is approximately 2.5 square kilometres. It has 15 parks covering nearly 35.5% of total area. The population of Rose Bay in 2016 was 10053 people. By 2021 the population was 9911 showing a population decline of 1.4% in the area during that time. The predominant age group in Rose Bay is 30-39 years. Households in Rose Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Rose Bay work in a professional occupation.In 2021, 53.80% of the homes in Rose Bay were owner-occupied compared with 52.80% in 2016.

Rose Bay has 6,113 properties. Over the last 5 years, Houses in Rose Bay have seen a 46.06% increase in median value, while Units have seen a 34.06% increase. As at 30 November 2025:

  • The median value for Houses in Rose Bay is $6,625,223 while the median value for Units is $1,754,571.
  • Houses have a median rent of $998 while Units have a median rent of $950.
There are currently 40 properties listed for sale, and 17 properties listed for rent in Rose bay on OnTheHouse. According to Cotality's data, 269 properties were sold in the past 12 months in Rose bay.

Suburb Insights for Rose Bay 2029

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Sean Poche
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Alexander Phillips
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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.