Known for its yachting club and beautiful park, Rushcutters Bay is a laid-back suburb that offers a bit of peace and respite from the Central Business District.
Opportunities to purchase Rushcutters Bay real estate aren’t easy to come by. Having a buyers agent on your side can help ensure that you secure the property of your dreams in this Eastern Suburb.
If you’re looking for apartments for sale in Rushcutters Bay, a buyers agent is your best bet.
Rushcutters Bay is an Eastern Suburb that sits just 3 km from the Sydney central business district. Situated on the bay, this is a suburb that takes yachting very seriously.
Rushcutters Bay is known for its greenery and picturesque streets. While it lacks a train station, Kings Cross and Edgecliff are just a short walk away and allow you to connect to the rest of the city easily.
Rushcutters Bay has 15 restaurants, 10 shops and three nightlife options. The main street, New South Head Road, is where you’ll find the suburb’s restaurants and shopping.
While the dining isn’t as great as other nearby suburbs, Rushcutters Bay does have some excellent Lebanese food options. You will also find Japanese, Italian, modern Australian, Mexican and Sushi restaurants. The restaurants in the area are very well-rated, and there is something for every taste.
Rushcutters Bay itself doesn’t have any supermarkets, but you’ll find a Woolworths, Coles Kings Cross and other markets in Potts Point.
Known for its natural beauty, Rushcutters Bay is home to two parks:
- Rushcutters Bay Park, which has a playground, café and tennis courts.
- Reg Bartley Oval, which has space for cricket and rugby. The park regularly hosts community events.
Rushcutters Bay is also home to the Cruising Yacht Club of Australia, which was established in 1944. The club hosts the Sydney-to-Hobart race.
In Darling Point, you’ll find Yarranabbe Park along the bay, which is great for dog-walking and also has play areas. In Elizabeth Bay, there’s Beare Park, which has a waterfront café and a waterside park. Both are just a short distance from Rushcutters Bay.
Rushcutters Bay has both government and private schools, which include:
- KU Rushcutters Bay Preschool
- Darlinghurst Public School
- Glenmore Road Public School
- SCEGGS Darlinghurst
- Sydney Grammar Schoo
- St Vincent’s College
- Ascham School
- Sydney Distance Education High School
Rushcutters Bay is bordered by Potts Point to the west Edgecliff to the south, Elizabeth Bay to the north and Darling Point to the east.
Other nearby suburbs include:
- Woolloomooloo (2.6 km)
- Paddington (2.5 km)
- Darlinghurst (2 km)
- Woollahra (2 km)
Some residents consider Rushcutters Bay to be a sleepy neighbourhood, but you will find plenty of opportunities for nightlife in these nearby suburbs. More shopping and dining opportunities are also just a short drive, walk or bus ride away.
The Rushcutters Bay property market is in high demand, but you won’t find many detached homes for sale here. Instead, the market consists primarily of flats, apartments and units. Prices are steep, so many residents shop for Rushcutters Bay rentals.
Here’s what you can expect to spend on an apartment or unit in Rushcutters Bay:
- $845,000 (overall average)
- $575,000 for a 1-bedroom
- $1.45 million for a 2-bedroom
Unit prices have been steadily rising over the last several years. In 2012, the average cost for a unit was $522,500. Prices spiked to $750,000 in 2015 before dipping slightly and eventually reaching today’s prices.
The property market in Rushcutters Bay is red hot. With so many buyers vying for properties, it’s easy to miss out on opportunities. Hiring a buyers agent in Rushcutters Bay is your best bet for finding a property that meets your needs.
From finding properties to negotiating prices and handling inspections, a buyers agent makes the buying process as simple and smooth as possible. When you work with a buyers agent, you also gain access to properties that aren’t even on the market yet.