17/31 Bay Rd, Russell Lea is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1978. The property has a land size of 2842m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Beautifully renovated, this stylish two-bedroom apartment delivers spacious, easy-care living within a boutique and well-maintained Russell Lea complex. Generous open-plan living and dining flows seamlessly to 2 balconies (east and west flow), while the contemporary kitchen showcases quality appliances, excellent storage and sleek finishes. Both bedrooms are well-proportioned with built-in wardrobes, complemented by a modern bathroom and internal laundry, creating a move-in ready home with nothing further to spend.
A standout feature is the large double garage, a rare and highly sought-after inclusion offering secure parking plus valuable storage or workspace flexibility.
Nestled just one street back from the glistening Bay and moments from waterfront parklands, village shops, schools and city transport, this is an exceptional lifestyle opportunity in a tightly held Inner West location.
Turnkey, low-maintenance, perfectly located, this is a rare Inner West opportunity for lifestyle or investment.
Outgoings Per Quarter (approx) - Strata: $1045.95, Council: $380.00, Water: $199.68
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The size of Russell Lea is approximately 1.0 square kilometres. There are 6 parks, covering nearly 1.0% of the total area. The population of Russell Lea in 2016 was 5001 people. By 2021 the population was 4920 showing a population decline of 1.6% in the area during that time. The predominant age group in Russell Lea is 40-49 years. Households in Russell Lea are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Russell Lea work in a professional occupation.In 2021, 72.60% of the homes in Russell Lea were owner-occupied compared with 72.20% in 2016.
Russell Lea has 2,186 properties. Over the last 5 years, Houses in Russell Lea have seen a 10.69% increase in median value, while Units have seen a -8.99% decrease. As at 31 July 2026:
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