2/5 Bay Rd, Russell Lea is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 3074m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
This three-bedroom apartment in a convenient parkside location offers plenty of space for young families and downsizers alike. With an elevated position on the first floor, the home enjoys an abundance of sunlight and delightful views across the boat filled waters of Five Dock Bay. Two large bedrooms include built-in robes, while the third has potential as a guest room or home office. A deep and private balcony overlooks the water and offers a relaxing space to unwind at the end of the day. Neat and tidy throughout, the flexible layout also delivers opportunity for a creative refresh or upgrade. Ideally located for local amenities and CBD transport, only 150m to bayside parks, 350m to local eateries and 300m to Lyons Rd buses.
Three-bedroom apartment in a leafy Russell Lea setting
Generous master bedroom includes built-in robe, ensuite and district outlook
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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 2,182 properties. Over the last 5 years, Houses in Russell Lea have seen a 26.85% increase in median value, while Units have seen a 18.54% increase. As at 31 May 2026:
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