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31/5-7 The Esplanade, Elizabeth Bay$610,000
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Soldstudio

31/5-7 The Esplanade

Elizabeth Bay, NSW 2011, Australia
$610,000
1 bath30 m²

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About this property

Positioned within tightly held waterfront building Karingal opposite Beare Park, this beautifully presented studio delivers an effortless Elizabeth Bay lifestyle with exceptional investment versatility. Framed by leafy harbour outlooks from a north-facing balcony, the apartment combines light-filled interiors, refined modern updates and a peaceful cul-de-sac setting moments from Potts Point and the city fringe. With a history as a successful short-term rental and Airbnb with strong performance, it presents as both a stylish retreat and compelling investment opportunity. Footsteps to the area's popular off-leash dog park and picnic/sunbathing spot, it's set in a building with swimming pool, barbecue area, and modern shared laundry facilities. Highlights * In a tightly held waterfront building * North-facing balcony & green views * Directly overlooking idyllic Beare Park * Light-filled interiors, open-plan layout * Neat updated kitchen with gas cooking * Built-in wardrobe and ample storage * Secure building with lift access & pool * Barbecue area, shared laundry facilities * Quiet harbourfront cul-de-sac setting * Strong Airbnb & short-stay performance * Wide home/lifestyle/investment appeal * Marina, cafe, harbour on your doorstep * Quiet respite 10-min walk to Kings X trains * The best of Inner Sydney on your doorstep

Property Details

Property Type
studio
Listing Type
Sold
Bathrooms
1
Land Area
30 m²
Listed
1 month ago

Repayment calculator

$2,957/month
$1,479 /fortnight
Loan $488,000 at 6.10% over 30 years

Upfront costs

Deposit$122,000
Stamp duty$18,262
Conveyancing (est.)$2,000
Total upfront$142,262
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Elizabeth Bay

This studio in Elizabeth Bay, NSW 2011 sits within reach of public transport, local shops local amenities. It is listed 49% below the $1.20m median of 56 comparable studioswithin 5 km.

What's nearby

  • Elizabeth Bay Rd at Ithaca Rd (bus)137 m away
  • Nicol Motors34 m away
  • Beare Park77 m away
  • Macleay Reserve121 m away
  • John Armstrong Reserve181 m away

Elizabeth Bay at a glance

Full suburb profile
Population
4,878
Median age
43
Household income
$2,116/wk
Median rent
$500/wk
Median mortgage
$2,582/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Elizabeth Bay price trend

Median sold · Unit 1 bed

Compound growth +1.2% / yr over 4 yrs

$898kcurrent median

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