Back 38/5 Esplanade
Off Market

38/5 Esplanade

Elizabeth Bay NSW 2011

1
33 m²
Studio
Last sold for $650,000
Renee CrossRenee Cross, last sold this property on 19 June 2025 after 8 days on market.

Overview

Harbourside Studio With Balcony In Quiet Pocket On Beare Park

In a quiet leafy cul-de-sac with boat-filled Elizabeth Bay, The Lookout marina café and Beare Park at the doorstep you will find this idyllic studio on Level 3 of Karingal, a popular security building with lift, pool and poolside entertaining/barbecue area. Fusing streamlined style with original design elements including parquet flooring and floor-to-ceiling glass bringing in loads of natural light, the studio has a well-designed 33sqm layout with sleeping alcove, modern renovated bathroom, updated kitchen and living/dining area flowing to a sunlit balcony capturing leafy north outlook toward the park. An ideal first home or investment in a blue ribbon locale delivering the perfect blend of harbourside living and cosmopolitan lifestyle appeal just 200m walk to buses, cafes, local shops and 400m stroll to cosmopolitan Potts Point village with its weekend food market and acclaimed dining scene. Features: • Security building adjacent to harbour park • Sun-splashed balcony with leafy north outlook • Living & dining area with floor-to-ceiling glass • Renovated white-tiled bathroom with shower • Updated open-plan kitchen with electric stove • Built-in wardrobe, storage cupboard and shelving • Level 3 in well maintained strata building with pool • Poolside area with outdoor furniture and barbecues • Residents' laundry with coin-operated machines • Footsteps to Beare Park and harbour marina café • 200m to local shops, cafes, gourmet deli and buses • 400m to Potts Point shops, cafes and dining scene

Features

1 bathroom
33 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 38/5 Esplanade is $505k.

Median value
$505k
Estimated value range
$406k - $700k
Median days on market
32
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 38/5 Esplanade

2025
Sold
$650,000
Sold Before Auction on 19 Jun 2025 by Renee Cross, of BresicWhitney East
2025
Rented
Undisclosed
Leased on 23 Feb 2025 by Ray White Touma Taylor | Elizabeth Bay
2018
Rented
Undisclosed
Leased on 12 Mar 2018 by Laming Property

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 62 reviews in Elizabeth Bay over the last 12 months.

Local market activity for studios in Elizabeth Bay

In the last 12 months, 26 studios similar to 38/5 Esplanade, have been sold.

This represents a 16% increase in studios sales when compared to the previous 12 months.

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