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Unit 11,
8 ST MERVYNS AVENUE Point Piper NSW 2027

This property is Off Market

All about Point Piper Homes for sale in Point Piper


  • Last sold 5/30/2022 for $10,000,000. The Average property price in this area is $5,803,966, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 0.13 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Double Bay - Bellevue Hill

With an average age of 50, households expect an average monthly mortgage payment of $4,000 or a weekly rent payment of $995. The average family earns a weekly income of $4,976 with a typical household size of 2.3 and a 95.87% employment rate.

Consistent high demand relative to supply is a key feature in Point Piper driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Point Piper ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Point Piper classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Point Piper necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 2053 asthma sufferers and 1045 people living with diabetes. In addition, 1097 people have a heart/vascular condition and 1454 people live with three or more chronic diseases.

A good place to invest in property?

Double Bay - Bellevue Hill a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

84 / 100

31 / 100

Industry

76 / 100

22 / 100

Population

32 / 100

19 / 100

House Prices

97 / 100

60 / 100

Jobs

77 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Double Bay PS Rose Bay SC
  • Double Bay Public School

    Double Bay, NSW, 2028 State K-6

  • Ascham School

    Edgecliff, NSW, 2027 Independent K-12

  • The Scots College

    Bellevue Hill, NSW, 2023 Independent K-12

  • Woollahra Public School

    Woollahra, NSW, 2025 State K-6

  • McAuley Catholic Primary School

    Rose Bay, NSW, 2029 Independent K-6

  • Bellevue Hill Public School

    Bellevue Hill, NSW, 2023 State K-6


Property Story

Unit 11, 8 St Mervyns Avenue, Point Piper, Nsw, 2027 is a residential property . The estimated distance to the sea is only 0.13km and at least 1.63KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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