1/42 Bayswater Road, Rushcutters Bay NSW 2011

Studio apartment | garden complex | cross-breeze layout | gated privacy This property offers a rare combination of private garden positioning and functional open-plan design within a sought-after eastern suburbs pocket. The dual-aspect windows and bed alcove create a layout that feels more spacious than typical studios, while the gated complex and character finishes give it a competitive edge for buyers seeking quiet inner-city living. It suits first-home buyers or investors targeting the professional rental market, given the previous lease rate and proximity to transport and dining. The primary risk lies in the strata fees relative to the property’s size, which should be weighed against the security and amenity of the complex. The 2020 sale at $530,000 followed by the 2025 sale at $380,000 signals a market correction, but the current valuation of $487,000 suggests stabilisation. For a buyer, the opportunity is in acquiring a well-positioned studio below its previous peak, with potential for steady capital growth as the Rushcutters Bay precinct continues to attract demand.