Back 31/5-7 The Esplanade
Off Market

31/5-7 The Esplanade

Elizabeth Bay NSW 2011

1
30.39 m²
Studio
Last sold for $610,000
Brigitte BlackmanBrigitte Blackman, last sold this property on 11 June 2026 after 24 days on market.

Overview

Harbourfront lifestyle or investment in blue chip setting

Auction Location: On site 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

Features

1 bathroom
30.39 m² floor area
Studio

Estimated Value

Based on this property and similar studios sold in Elizabeth Bay over the last 12 months, the estimated median property value of 31/5-7 The Esplanade is $510k.

Median value
$510k
Estimated value range
$406k - $657.5k
Median days on market
35
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Elizabeth Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31/5-7 The Esplanade

2026
Sold
$610,000
11 Jun 2026 by Brigitte Blackman, of BresicWhitney East
2012
Rented
Undisclosed
Leased on 03 Jun 2012 by Mcgrath Potts Point

Happy sellers in Elizabeth Bay

82%
82% of sellers in Elizabeth Bay reported that their sale price either exceeded or met their price expectations.

Elizabeth Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 59 reviews in Elizabeth Bay over the last 12 months.

Local market activity for studios in Elizabeth Bay

In the last 12 months, 30 studios similar to 31/5-7 The Esplanade, have been sold.

This represents a 35% increase in studios sales when compared to the previous 12 months.

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