2/585 New South Head Road

Sydney | New South Wales

The Spirit of

Mediterranean Living

View Photos Watch Film 360° VTour Open House

Michael Pallier

Presented At

$2,300,000

Bedrooms

Bathrooms

Elevator

Washer Dryer

Terrace

Outdoor Living Space

Balcony

Pool

Water View

Privacy

Renovated

Modern

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 1

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 2

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 3

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 4

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 5

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 6

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 7

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 8

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 9

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 10

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. - Photo 11

2/585 New South Head Road

Sydney | New South Wales

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia. , Sydney , New South Wales

2/585 New South Head Road, Rose Bay, Nsw 2029

Set against a sparkling backdrop of Rose Bay Harbour, this beautifully renovated Art Deco apartment offers classic elegance and contemporary style in one of the East’s most desirable settings. With panoramic northerly views and a generous semi-like layout, this three-bedroom residence blends old-world charm with modern sophistication. Occupying over 160sqm of indoor and outdoor living, the home showcases light-filled interiors with high ornate ceilings, whitewashed timber floors, and French doors opening to a sunny north-facing entertainer’s terrace. A large open-plan living area flows effortlessly into a stylish dining space and ren Set against a sparkling backdrop of Rose Bay Harbour, this beautifully renovated Art Deco apartment offers classic elegance and contemporary style in one of the East’s most desirable settings. With panoramic northerly views and a generous semi-like layout, this three-bedroom residence blends old-world charm with modern sophistication. Occupying over 160sqm of indoor and outdoor living, the home showcases light-filled interiors with high ornate ceilings, whitewashed timber floors, and French doors opening to a sunny north-facing entertainer’s terrace. A large open-plan living area flows effortlessly into a stylish dining space and renovated Caesarstone kitchen featuring stainless steel appliances and handmade Spanish tiles. Situated in a boutique block of eight, the apartment is footsteps to Bellamy Beach, Redleaf Pool, Lyne Park, and The Boathouse, with easy access to the Rose Bay Ferry, Double Bay, and city transport. It’s an ideal sanctuary for professionals, downsizers, or families seeking a low maintenance harbourfront lifestyle in a tightly held enclave. Panoramic north-facing views over Rose Bay Harbour and marina Expansive 166sqm layout with house-like proportions and no common walls Sun-drenched alfresco terrace perfect for entertaining Tastefully renovated Caesarstone gas kitchen with stainless appliances High ornate ceilings, whitewashed timber floors, and picture rails Three spacious bedrooms, main with built-in robes and privacy Elegant Art Deco detailing blended with modern updates Secure elevated entry with lift access in boutique block of 8 Stroll to beaches, ferry, boating clubs, parks, and fine dining Moments to Rose Bay Village, top schools, and fast city transport … View more View less Apartment Report

Gallery

3D Street View Tour

Property Location

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia., Sydney New South Wales

Local Weather & Climate

Sydney, New South Wales

Current Conditions Updated recently

80 °F

Broken clouds

Feels Like 84°F

Humidity 80%

Wind 5 mph

Visibility 6.2 mi

Sunrise 7:46 PM

Sunset 8:26 AM

5-Day Forecast

Fri 6 Mar

Rain

High 78°

Low 72°

Sat 7 Mar

Rain

High 77°

Low 69°

Sun 8 Mar

Rain

High 71°

Low 70°

Mon 9 Mar

Rain

High 74°

Low 70°

Tue 10 Mar

Clear

High 75°

Low 68°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Sydney?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

A$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Ready to explore financing?

Connect with trusted mortgage partners

Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Australia. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Australia tax year 2024 (fiscal year: July-June), rules effective from 1987. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$2,300,000

2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia.

Sydney, New South Wales

3 Beds

View All Photos

Market Opinion

View prices in:

Our perspective on current market conditions in Sydney. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $230,000,000 20% down ($46,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$19,764/day

Your home may appreciate while you sleep

$138,727/week $601,150/mo $7,213,804/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$126.6M

+$179.5M

$179.5M Potential Equity

vs $126.6M lost to rent over 10 years

$46.0M Down Payment Growth

3.9x

10yr

$179.5M

8.1x

20yr

$371.7M

12.6x

30yr

$580.9M

Wealth Comparison

×1,383

Equivalent to 1,383 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $580.9M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $270.9M +18%

Market $313.2M +36%

Optimistic $361.4M +57%

$179.5M est. equity

20 Years

Conservative $319.0M +39%

Market $426.6M +85%

Optimistic $568.0M +147%

$371.7M est. equity

30 Years

Conservative $375.7M +63%

Market $580.9M +153%

Optimistic $892.6M +288%

$580.9M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia have?

This apartment at 2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia features 3 bedrooms.

What is the listing price for 2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia?

This property is listed at $230,000,000.

Is now a good time to buy a home in Sydney?

Based on current market indicators, Sydney shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 2/585 New South Head Road, Sydney, NSW 2029, Sydney, New South Wales, Australia?

This is a apartment located in Sydney, New South Wales. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: