2802/98 Gloucester Street, The Rocks, NSW 2000 | Property Value & History | OnTheHouse
OFF MARKET

2802/98 Gloucester Street
The Rocks NSW 2000

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 199m2
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Last updated 12 Jan 2026
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Property Details for 2802/98 Gloucester St, The Rocks

2802/98 Gloucester St, The Rocks is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 199m2.

Building Type
Unit
Land Size
199m2
Local Government
Sydney

Last Listing description (November 2025)

An extraordinary opportunity to acquire a 167 square metre, three bedroom home positioned on level twenty-eight in one of the city's most iconic developments; Quay West, developed by Australian Developer Mirvac.
The unique location of Quay West offers uninterrupted, 180-degree views towards the Sydney Harbour Bridge, the Sydney Opera House and across Sydney Harbour.

Having worked in premium Sydney CBD residential sales since 2007, this is the first time a fully renovated, north facing home has come up for sale. This should alert astute city buyers as anyone with experience of renovation will fully understand the time and cost involved.

This apartment has no equal. The current owners gave the architects and designers one simple brief; to create something beautiful to match its surroundings.

The results are exceptional, this home is presented in immaculate order with functionality being a core principle. The removal of internal walls has been transformative creating interactive and flexible living spaces, increasing natural light and highlighting the expansive views at every turn. The materials, craftsmanship and attention to detail is there to see which can only be appreciated by walking through it. There are two side by side underground parking spaces on separate title that measure 32 square metres bringing the total to 199 square metres on title.

Situated exclusively in the residential component of Quay West residents have access to a wide array of facilities including a concierge service. There is a private residents swimming pool, sauna and viewing deck plus a shared gymnasium. The owners also have access to other hotel services such as housekeeping, access to the restaurant and room service.

Quay West combines a great geographical location in the coveted historic quarter "The Rocks." Quay West is embedded within the city rather than being on the periphery making the city easily accessible on foot. It offers an exceptional lifestyle balancing the benefits of living above a prominent hotel and at the same retaining the privacy of living within a tightly held development. The residential suites at Quay West are a boutique offering with just fifty-four apartments crowning the top sixteen floors a number which continues to fall as more owners choose to amalgamate.

Property History for 2802/98 Gloucester St, The Rocks, NSW 2000

A timeline of how this property has performed in the market
  • 19 May 2025
    Listed for Sale Price on Application
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About The Rocks 2000

The size of The Rocks is approximately 0.2 square kilometres. It has 7 parks covering nearly 14.0% of total area. The population of The Rocks in 2016 was 774 people. By 2021 the population was 629 showing a population decline of 18.7% in the area during that time. The predominant age group in The Rocks is 30-39 years. Households in The Rocks are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in The Rocks work in a professional occupation.In 2021, 37.40% of the homes in The Rocks were owner-occupied compared with 43.60% in 2016.

The Rocks has 1,401 properties. Over the last 5 years, Houses in The Rocks have seen a 523.53% increase in median value, while Units have seen a 22.99% increase. As at 31 December 2025:

  • The median value for Houses in The Rocks is $3,711,992 while the median value for Units is $1,739,463.
  • Units have a median rent of $1,500.
There are currently 5 properties listed for sale, and 4 properties listed for rent in The rocks on OnTheHouse. According to Cotality's data, 38 properties were sold in the past 12 months in The rocks.

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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.