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Potts Point Real Estate Snapshot

  • Suburb: Potts Point
  • Postcode: 2011
  • Population:8,431
  • Municipality: City Of Sydney Council

Potts Point is named after Joseph Hyde Potts, Australia’s first bank teller of Australia\'s first bank, Westpac. He designed Australia’s first bank note and lived as bank manager and teller in the original bank premises in George Street. One of the bank’s Directors, Judge Wylde, after whom Wylde Street is now named, received a land grant from Governor Darling in 1822 at the northern tip of Potts Point. Most of the eastern side of Macleay Street is part of the original 1826, 54-acre Elizabeth Bay House estate and its world-famous gardens, given to NSW Colonial Secretary Alexander Macleay. Eventually, all of it would be sub-divided.

By 1831 seventeen land grants had been made on Woolloomooloo Heights, as the area was known, to a selection of the most politically and economically powerful men in the colony including judges, politicians and merchants. Their purpose was to establish a stylish area of housing distinct from The Rocks or Woolloomooloo. Legal caveats were attached to grants: all residences were to be built within three years, cost over £1,000, have ample setbacks and face Government House. Envious locals described the area as “hob-nobs ville”.

Mr Potts was also a developer, building houses in Wylde Street in the 1830s. His name then became synonymous with the area, although never living there himself.

Potts’s Point - its originally spelling - then became Australia’s first deliberately-designed suburb: an enclave for only those who could afford to live in the dress circle overlooking Sydney and its sapphire-blue harbour. Views extended to the heads in the east, to the north and over the city towards mountains in the west. Equally importantly were fresh air and sea breezes, much sought after for health reasons. A number of those magnificent marine mansions still exist such as Rockwall, Jenner, Bomerah, Tarana, Tusculum and Elizabeth Bay House.

In 1911 Kingsclere became Australia’s walk-up grand apartment block with each apartment having its own butler, heralding a new age of inner-city living for locals and visiting country land owners. And by the 1930s Potts Point was known as “flatsville” reflecting the latest living trend and Parisienne-chic; Art Déco-style apartments. Today, this collection, shared with neighbouring Elizabeth Bay, is heritage-listed. After WWII, large hotels such as the Chevron, now the Ikon apartments, dominated a continually-crowded skyline. A later urban density push in the 1980s and 90s created \"sky houses\" such as Pomeroy, designed for retirees wanting both large spaces and views.

London Plane trees and White Magnolia tree-lined heritage streetscapes together with over 120 individual heritage buildings still represent the highest form of fashionable urban living close to both the City and other nearby areas such as Rushcutters Bay Park, Woolloomooloo\'s Finger Wharf complex and Paddington.

At every stage of its history, Potts Point\'s has been at the forefront of the latest living trends. With the highest urban residential density in Australia this cosmopolitan residential mix enjoys a New York life-style of intimate cafes, boutique charcuteries, award-winning delicatessens and design shops, all within a compact area.

Sold Properties: POTTS POINT

Address Suburb Sold Date Bed Bath Car Sale Price
320/50 Macleay Street POTTS POINT Dec, 2014 1 1 1 $760,000 View Property
14/103 Victoria Street POTTS POINT Nov, 2014 1 1 0 $614,000 View Property
1201/81 Macleay Street POTTS POINT Nov, 2014 3 2 2 $3,400,000 View Property
516/81 Macleay Street POTTS POINT Nov, 2014 1 1 1 $850,000 View Property
1/8 Rockwall Crescent POTTS POINT Nov, 2014 1 1 1 $835,000 View Property
9/20 Macleay Street POTTS POINT Oct, 2014 1 1 0 $520,000 View Property
28/11 Springfield Avenue POTTS POINT Oct, 2014 3 2 0 $2,200,000 View Property
8/40a-42 Macleay Street POTTS POINT Oct, 2014 3 2 1 $3,750,000 View Property
22/123 Macleay Street POTTS POINT Oct, 2014 2 1 0 $1,200,000 View Property
402/5 Manning Street POTTS POINT Oct, 2014 2 1 0 $840,000 View Property
16/22 Wylde Street POTTS POINT Sep, 2014 3 3 2 $4,300,000 View Property
5/11 Springfield Avenue POTTS POINT Sep, 2014 2 1 1 $850,000 View Property
36/20-22 Springfield Avenue POTTS POINT Sep, 2014 0 1 0 $447,000 View Property
2D/6 Macleay Street POTTS POINT Sep, 2014 2 1 1 $985,000 View Property
8/3 Crick Ave POTTS POINT Sep, 2014 0 1 0 $345,400 View Property
Lot 157/28 Macleay Street POTTS POINT Sep, 2014 0 1 1 $105,000 View Property
20/40a - 42 Macleay Street POTTS POINT Sep, 2014 3 2 1 $1,591,000 View Property
15/10a Challis Ave POTTS POINT Sep, 2014 2 1 0 $740,000 View Property
3/15 St Neot Ave POTTS POINT Aug, 2014 3 1 1 $1,500,000 View Property
11/2 Tusculum Street POTTS POINT Aug, 2014 1 1 0 $450,000 View Property

Leased Properties: POTTS POINT

Address Suburb Leased Date Bed Bath Car Lease Price
12/10 Challis Avenue POTTS POINT Jan, 2015 0 1 0 $295 pw View Property
4/3-5 St Neot Avenue POTTS POINT Dec, 2014 2 1 1 $630 pw View Property
46/16 Macleay Street POTTS POINT Dec, 2014 0 1 0 $400 pw View Property
3/117d Macleay Street POTTS POINT Dec, 2014 0 1 0 $425 pw View Property
513/28 Macleay Street POTTS POINT Dec, 2014 0 1 0 $320 pw View Property
17/101 Macleay Street POTTS POINT Dec, 2014 0 1 0 $330 pw View Property
7/10 Orwell Street POTTS POINT Nov, 2014 0 1 0 $340 pw View Property
41/8 Macleay Street POTTS POINT Nov, 2014 1 1 0 $580 pw View Property
9/42 Kings Cross Road POTTS POINT Nov, 2014 1 1 0 $480 pw View Property
9/71 Victoria Street POTTS POINT Nov, 2014 2 1 1 $860 pw View Property
36/20-22 Springfield Avenue POTTS POINT Nov, 2014 0 1 0 $390 pw View Property
7/4 McDonald Street POTTS POINT Nov, 2014 1 1 0 $310 pw View Property
145 Victoria Street POTTS POINT Nov, 2014 1 1 1 $50 pw View Property
1/75 Macleay Street POTTS POINT Nov, 2014 1 1 0 $650 pw View Property
8/20 St Neot Avenue POTTS POINT Sep, 2014 2 1 0 $750 pw View Property
35/103 Victoria Street POTTS POINT Sep, 2014 1 1 0 $550 pw View Property
6a Greenknowe Ave POTTS POINT Jul, 2014 2 1 0 $695 pw View Property
15/3 Ward Avenue POTTS POINT May, 2014 1 1 0 $350 pw View Property
10/5 Springfield Avenue POTTS POINT Apr, 2014 2 1 0 $800 pw View Property
32/8 Macleay Street POTTS POINT Apr, 2014 1 1 1 $550 pw View Property