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Elizabeth Bay, NSW 2011 Review

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$1.2k
Average price of 3 BR Unit Updated on: June 2021

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Elizabeth Bay
Introduction Elizabeth Bay is a harbourside suburb in eastern Sydney, in the state of NSW, Australia. The suburb is located 3km east of the Sydney CBD and is part of the local government area of the City of Sydney. Macleay Point separates Elizabeth Bay from Rushcutters Bay. This postcode has the best of both worlds – harbour access and foreshore parks on one side and a vibrant cultural centre on the other. Benefits Elizabeth Bay is a small suburb offering lots of facilities: • Very close to CBD • Safe suburb • Multicultural suburb • Location is good • Lots of cafes and restaurants • Good community spirit • Convenient for young generation, professionals and families Challenges • No local train station • No schools in the area • Parking • High cost of living • Shopping options are very less Location Elizabeth Bay is bordered on the west and north by Potts Point and Elizabeth Bay (body of water) and on the east and south by Rushcutters Bay. Connectivity • The John Street Square Light Rail station is the nearest one to Elizabeth Bay in Sydney. • Pyrmont Bay Wharf is the nearest ferry lines with stations closest to Elizabeth Bay • Kings Cross railway station is the nearest station to the suburb. It is an underground station at Potts Point, on the Eastern Suburbs railway line of the Sydney Trains network. • Regular bus services are available in the suburb to travel around the surrounding suburbs. Shopping destinations Suburb does not offer any major local shopping centre, but many shopping options are available in the neighboring suburbs: • Elizabeth Bay Cellars is an in store shopping in the suburb.The store is popular for a great selection of wines. • Axl Bazaar is a clothing store in the Elizabeth Bay offering incredible collection of vintage clothes sourced from all over the world. • Kings Cross Centre is a shopping centre in Kings Cross, a locality in the inner-city suburb of Potts Point. The mall has a good selection of small eateries, a gym, Coles downstairs, the mandatory Chinese shop where you can find everything • Multiple small supermarkets and groceries are also available in the suburb. Schools & Daycares Most of the schools are located in the neighboring suburbs: • Dante Alighieri Society Sydney, 17/17 Elizabeth Bay Rd, Elizabeth Bay • KU Rushcutters Bay Preschool, 7A Waratah St, Rushcutters Bay • Darlinghurst Public School, Womerah Ave, Potts Point Good daycares are available in surrounding suburbs: • Active Kids Edgecliff, 25 Walker Ave, Edgecliff • Darlo Play Centre, 130 Womerah Ave, Darlinghurst • Double Bay Early Childhood Centre 1 Cross St, Double Bay Internet Connectivity The NBN is now available in ELIZABETH BAY with a high internet speed of 1000 Mbps. Commute: CBD: 3.5 km / 10-15 minutes by car / 15-20 minutes by transit Chatswood: 13 km / 20-30 minutes by car / 40-45 minutes by transit Parramatta: 26 km / 35-65 minutes by car / 50 minutes by transit Price Median Sale Price- $4m Rent Median Rent Price- $1.2k pw Summary Elizabeth Bay sits between eclectic Potts Point and placid Rushcutters Bay. The suburb of Elizabeth Bay takes its name from the bay on Sydney Harbour. Elizabeth Bay attracts a variety of professionals and creatives who love living next door to one of Sydney’s most eccentric neighbourhoods, Kings Cross/Potts Point, and being within easy reach of the CBD.
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