5 Inner East Sydney Properties Under $1 Million
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5 Inner East Sydney Properties Under $1 Million

The tightly held locale boasts is coveted and convenient.

By Terry Christodoulou
Mon, Feb 21, 2022Grey Clock 3 min

While apartments and unit prices haven’t kept pace with the ascendance of housing prices, Sydney’s tony inner east, that flanks the CBD, remains prime position for its easy access to the amenities of the city and proximity to the eastern beaches. Here, we’ve collated five stylish pads to call your own under $1 million.

1/196 Forbes Street, Darlinghurst, NSW 2010

A short walk to the CBD and Victoria Street cafes, this 78sqm 2-bedroom, 1-bathroom and 1-car parking apartment boasts a private street entrance with a small courtyard and secure parking with storage space. The residence is fitted with polished timber floors and sees an L shaped living area complemented by a separate kitchen, fitted with Smeg gas appliances and a dishwasher.

$995,000; raywhitetaylorandpartners.com.au

205/65 Cowper Wharf Road, Woolloomooloo, NSW 2011

Set within ‘The Anchorage’, in a world-class harbourside position opposite the famous Finger Wharf comes this generously proportioned 1-bedroom, 1-bathroom, 1-car parking apartment. Designed by award-winning architects, Eeles Trelease, it features a great open plan living/dining area complemented by parquetry flooring. With floor-to-ceiling glass leading onto a large covered balcony, it makes the perfect space for wining and dining courtesy of a sleek kitchen fitted with Miele appliances and stone benchtops.

$990,000; rwebay.com

5/46 Roslyn Gardens, Rushcutters Bay, NSW 2011

Offered here is a quintessential Art Deco character in generous scale within a boutique building ‘Lakemount’. The home is a dream inner-city pad with an oversized one-plus-study floorplan, leafy garden outlooks, ample built-in storage, renovated stone kitchen all within a walks distance to cafes, dining and public transport.

$900,000; bresicwhitney.com.au

 

805/23 Pelican Street, Surry Hills, NSW 2010

Contemporary and vibrant, this tidy abode features 1-bedroom and 1-bathroom in the enviable ‘Pelican’ security building. Within, the residence features a king-sized bedroom with built-ins, full sized galley kitchen with dishwasher and gas cooking, open-plan living and dining area with sliding glass doors to covered balcony. Further, the home is nearby to the bustling Crown Street, central station, buses and more.

Auction; wwre.com

 

7/50 Bayswater Road, Rushcutters Bay NSW, 2011

Soaring ceilings paired with oversized rooms typify this apartment found in a refurbished 1890s landmark building with interiors by Daniel Boddam. Here, the home sees period details elevated by the recent refurbishment such as herringbone flooring. custom cabinetry and Carrara marble benchtops all within close proximity to eateries with the city by foot, bus or train.

Auction; raineandhorne.com.au

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By Kanebridge News
Thu, Aug 11, 2022 < 1 min

New research from Knight Frank’s International Waterfront Index shows waterfront properties are costing more than double their inland counterparts in Sydney while in Melbourne waterside properties attract a 40% premium.

Australia’s coastline attracts some of the highest waterfront premiums in the world with Sydney topping the index — an average premium of 121% — compared to an equivalent home set away from the water.

Auckland ranked second on the list of 17 international locations — a premium of 76%. The list saw Gold Coast (71%), Perth (69%) and the Cap d’Antibes (59%) on the French Riviera round out the top 5.

Australia continued to feature prominently in the research with Brisbane’s waterfront premium coming in at 55%, with Melbourne also in the top 10 at 39%.

According to Knight Frank Australia’s head of residential research, Michelle Ciesielski, there has always been strong appetite for Sydney’s waterfront homes.

Australia’s luxury residential market has advanced, it lacks the depth of prestige markets in more established global cities said Cieselski.

“As a result, our Australian cities can achieve a significantly higher premium on the waterfront compared to a similar property inland without access to, or a view of, water,” she said.

“Also, Australia is known for its balmy outdoor lifestyle, so many buyers in this super-prime space are willing to pay a premium to secure the ideal position along the waterfront.”

The data also suggests that beachfront homes were most desirable, commanding a premium of 63% compared to harbour locations fetching 62% premium and coastal homes with a 40% premium.