Elizabeth Bay Off Market Property
Located just 3 kilometres from sydney CBD, Elizabeth Bay is one of the regions most affluent harbourside addresses.
Elizabeth Bay was originally known by the Aboriginal name of ‘Yarrandabby’, but changed in honour of Governor Lachlan Macquarie’s wife, Elizabeth. Back in 1828, the colonial secretary of New South Wales, Alexander Macleay, was granted 54 acres, in which Elizabeth Bay House was built in 1837, with stunning views right across Sydney Harbour.
Aside from Elizabeth Bay House, there are a number of other historical homes that grace this beautiful area of Sydney, such as Ashton, located at the end of Elizabeth Bay Road, built in 1875 as part of a group of villas, as well as Boomerang, which is described as a ‘Hollywood Spanish Mansion’, which has been used as a backdrop in a number of blockbuster movies including Mission Impossible 2, and was sold to trucking magnate Lindsay Fox in 2005 for $20.7 million.
Population
There are approximately 5250 residents in Elizabeth Bay, with 51% of those born in Australia. The major property dwellings of Elizabeth Bay are 98% apartments, with only 12 seperate homes now, making it very exclusive for those looking for a house in this area.
