48 Ocean St, Woollahra is a 3 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 180m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in June 2014.
Nestled amongst the boutiques and cafes of Woollahra's coveted shopping precinct, this unrenovated attached Victorian cottage presents a remarkable development opportunity. Its rich heritage and private outdoor areas present a home of exceptional future promise.
Semi attached cottage with touches of its convict heritage
Potential to add second storey, expand living areas (STCA)
Spacious casual living and dining space with brick fireplace
Large glass windows overlook deep entertaining timber deck
Stairs lead to private leafy courtyard and laundry
Two good sized double bedrooms with soaring ceilings
Kitchen and formal dining in need of creative transformation
Opportunity to develop as a professional place of business
Located in consular belt, short walk to schools and parks
Moments to excellent public transport services to the CBD
The size of Woollahra is approximately 1.3 square kilometres. It has 12 parks covering nearly 10.4% of total area. The population of Woollahra in 2016 was 7405 people. By 2021 the population was 7189 showing a population decline of 2.9% in the area during that time. The predominant age group in Woollahra is 30-39 years. Households in Woollahra are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Woollahra work in a professional occupation.In 2021, 59.80% of the homes in Woollahra were owner-occupied compared with 58.20% in 2016.
Woollahra has 4,572 properties. Over the last 5 years, Houses in Woollahra have seen a 45.47% increase in median value, while Units have seen a 23.60% increase. As at 31 January 2026:
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