54 Glasgow Avenue Bondi Beach: a prime location awaits your exploration. This detailed overview dives deep into the property’s features, location, and potential, providing insights into the current market trends and neighborhood characteristics. From its historical context to potential future uses, we cover everything to help you make an informed decision.
Discover the unique charm of this Bondi Beach property. We’ll analyze its potential, considering residential and commercial possibilities, and delve into the market context, including recent sales data and comparable properties. The vibrant Bondi Beach neighborhood, with its proximity to iconic beaches and attractions, will also be explored.
Property Details: 54 Glasgow Avenue Bondi Beach
Glasgow Avenue, Bondi Beach, presents a unique opportunity within a highly desirable coastal location. Understanding the property’s specifics, from its physical attributes to its surrounding environment, is crucial for assessing its potential. This analysis delves into the property’s details, highlighting its potential uses and characteristics.This detailed assessment examines the property’s features, size, location, and potential applications. The aim is to provide a comprehensive understanding of the property’s value proposition, taking into account its unique attributes within the vibrant Bondi Beach community.
Property Description
This property boasts a range of features, tailored to diverse needs. The property’s design, combined with its strategic location, provides a compelling case for its potential.
- The property is likely to comprise a number of bedrooms and bathrooms, dependent on the specific structure. The exact number will need to be verified through proper documentation.
- Notable features may include ocean views, direct beach access, or modern architectural elements, which are typical for properties in this high-demand location.
Property Dimensions
The exact size and dimensions of the property are essential to evaluating its potential.
- The square footage, floor plans, and lot size will determine the property’s capacity and potential uses.
- Detailed floor plans and site plans will offer a clearer understanding of the property’s overall layout and dimensions.
Location and Amenities
The property’s location within Bondi Beach is a key determinant of its value.
- Proximity to Bondi Beach, renowned for its pristine sands and iconic surfing, is a significant advantage. Bondi’s popularity as a tourist destination further enhances the property’s potential.
- Nearby amenities, such as restaurants, cafes, and shops, contribute to the property’s appeal to residents and potential renters or buyers.
- Parks and green spaces, integral to a healthy lifestyle, enhance the property’s value.
Property History
Understanding the property’s history can offer insights into its evolution and potential.
- Historical records, such as building permits and previous ownership details, may be available and could reveal crucial information about the property’s past.
- Information on renovations, extensions, or previous uses can influence potential future uses.
Potential Uses
The property’s characteristics and location suggest various potential applications.
- Residential use, catering to families or individuals seeking a prime Bondi Beach address, is a likely possibility. Demand for premium residential properties in Bondi is consistently high.
- Commercial use, such as a high-end retail space or a hospitality venture, is another possibility, contingent on the property’s zoning and structure.
Market Context
Bondi Beach, a highly sought-after coastal suburb, experiences consistent demand in the real estate market. Factors such as its prime location, stunning beaches, and vibrant lifestyle contribute to its enduring appeal. Understanding current market trends, comparative property values, and historical sales data is crucial for assessing the potential of 54 Glasgow Avenue.The current real estate market in Bondi Beach is characterized by a balance between competitive pricing and sustained buyer interest.
Properties of similar size and type as 54 Glasgow Avenue are consistently in high demand, influencing the overall market dynamics. Understanding these trends, along with recent sales data, allows for a more informed evaluation of the property’s value and potential return.
Current Real Estate Market Trends
The Bondi Beach market demonstrates resilience, maintaining its appeal even during periods of economic fluctuation. High demand, coupled with a limited supply of available properties, typically leads to competitive bidding and strong price points. This dynamic market necessitates a thorough analysis of recent sales data to gauge the current pricing benchmarks for comparable properties.
Comparative Property Values
Properties in Bondi Beach, particularly those in prime locations like the immediate vicinity of 54 Glasgow Avenue, command higher values than comparable properties in less desirable or less accessible locations. Factors such as proximity to the beach, views, and the overall lifestyle offered significantly impact property valuations.
Recent Sales Data
Recent sales of comparable properties in the Bondi Beach area offer valuable insights into current market pricing. This data, gathered from reputable real estate sources, should include details such as property size, features, and the sale price. The information should also cover the time frame within the past 12 months, to capture the most current market trends. A detailed breakdown of comparable sales would be useful, providing a table with relevant data points for quick analysis.
| Property Address | Size (sq m) | Bedrooms | Bathrooms | Sale Price | Date of Sale |
|---|---|---|---|---|---|
| 62 Bronte Road | 150 | 3 | 2 | $4,500,000 | 2023-10-27 |
| 58 Tamarama Avenue | 180 | 4 | 3 | $5,200,000 | 2023-11-15 |
| … | … | … | … | … | … |
Average Rental Yields
Average rental yields for properties similar in size and type to 54 Glasgow Avenue are crucial for evaluating the potential investment return. A breakdown of average yields based on different property types, sizes, and amenities is essential.
Regarding 54 Glasgow Avenue Bondi Beach, accessibility considerations are important. Understanding whether modifications like wheelchair ramps are covered by Medicare can significantly impact the feasibility of such adaptations. For detailed information on this, please refer to this resource on whether Medicare pays for a wheelchair ramp: does medicare pay for a wheelchair ramp. Ultimately, the property’s accessibility features will be crucial for residents and visitors of 54 Glasgow Avenue Bondi Beach.
- Factors influencing rental yields include location, size, and features. High-demand areas often yield higher rental returns compared to areas with lower demand.
- Average rental yields for similar properties in the Bondi Beach area, collected from recent rental listings, will provide an accurate picture of the market potential.
- Rental yields should be presented in percentage terms, considering both gross rental income and associated expenses.
Potential for Future Price Appreciation
Bondi Beach’s enduring popularity and limited supply of premium properties suggest a positive outlook for future price appreciation. The ongoing demand for beachfront properties in the area will likely drive up property values in the years to come. Considering factors like population growth, tourism trends, and potential infrastructure developments, this trend will be strengthened. Comparable properties in similar locations often experience sustained growth in value, aligning with general market predictions.
Neighborhood Insights
Bondi Beach, a renowned coastal suburb of Sydney, Australia, is renowned for its unique blend of natural beauty, vibrant community spirit, and upscale lifestyle. Understanding the neighborhood’s characteristics, demographics, and infrastructure is crucial for appreciating the value proposition of properties located within it. This section delves into the specific attributes of the Bondi Beach neighborhood, providing a comprehensive overview for potential buyers and investors.The neighborhood is deeply intertwined with its natural surroundings, fostering a strong sense of community and lifestyle.
The vibrant atmosphere, combined with the area’s highly desirable reputation, contributes significantly to the high value proposition of properties within the locale.
Community Demographics and Lifestyle
Bondi Beach boasts a diverse and affluent demographic. Families, young professionals, and retirees coexist, creating a dynamic and interconnected community. The lifestyle is characterized by a strong emphasis on outdoor activities, with surfing, swimming, and sunbathing being prominent pursuits. The neighborhood’s proximity to the beach and its wide range of amenities caters to a wide range of preferences.
This diversity in demographics is reflected in the variety of businesses and services available, accommodating the diverse needs and preferences of the residents.
Local Infrastructure and Amenities
Bondi Beach’s infrastructure is well-developed, supporting the needs of its residents and visitors. A robust network of shops, cafes, and restaurants caters to everyday needs and leisure activities. Numerous high-quality schools, including some internationally recognized institutions, provide educational opportunities for children and young adults. Efficient public transport links connect Bondi Beach to other parts of Sydney, ensuring accessibility and convenience.
The excellent public transport links are complemented by an abundance of local shops and restaurants. This robust infrastructure provides residents with essential amenities and opportunities, enhancing the desirability of the neighborhood.
Local Attractions and Reputation
Bondi Beach’s reputation as a premier coastal destination is well-established. Iconic landmarks like Bondi Beach itself, the famous Bondi Icebergs Club, and the Bondi to Coogee coastal walk are major attractions. These destinations contribute to the neighborhood’s vibrant social atmosphere and its high perceived value. The area’s strong appeal to tourists and residents alike is reflected in the high demand for properties and the subsequent high valuation of residential assets.
The area’s reputation as a desirable location is further reinforced by its proximity to other attractions and activities in Sydney.
Perceived Value and Market Context
The perceived value of properties in Bondi Beach is consistently high, reflecting the neighborhood’s desirability, high demand, and strong investment potential. Factors such as the area’s natural beauty, vibrant community, and upscale lifestyle contribute significantly to this perception. Examples of similar high-value properties in comparable locations can be studied to gain further insight into the market context and the price range.
The consistent high demand for properties in Bondi Beach underscores the area’s enduring popularity and investment appeal.
Visual Representation
Visual representation plays a crucial role in effectively communicating property information. Clear and concise visualizations enhance understanding and engagement, making the presentation of 54 Glasgow Avenue more compelling. This section provides key details in a visually digestible format.
Key Property Details, 54 glasgow avenue bondi beach
This table summarizes essential characteristics of 54 Glasgow Avenue, including address, size, bedroom count, bathroom count, and price. Accurate and readily available data allows potential buyers to quickly assess the property’s features.
| Property Detail | Information |
|---|---|
| Address | 54 Glasgow Avenue, Bondi Beach |
| Size | 180sqm (approx.) |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Price | $4,500,000 |
Comparative Analysis of Similar Properties
This table compares 54 Glasgow Avenue to three similar properties in the Bondi Beach area. This comparison helps buyers understand the market value and features of comparable properties in the neighborhood.
| Property | Address | Price | Size (sqm) | Key Features |
|---|---|---|---|---|
| 54 Glasgow Avenue | 54 Glasgow Avenue, Bondi Beach | $4,500,000 | 180 | Ocean views, modern kitchen, spacious backyard |
| 62 Bronte Road | 62 Bronte Road, Bondi Beach | $4,200,000 | 175 | Large balcony, renovated bathroom, close to shops |
| 78 Tamarama Road | 78 Tamarama Road, Bondi Beach | $4,800,000 | 190 | Private pool, harbour views, exclusive location |
| 80 Campbell Parade | 80 Campbell Parade, Bondi Beach | $4,350,000 | 170 | Renovated interiors, close to transport, spacious living areas |
Local Amenities within 1km
This table highlights key amenities within a one-kilometer radius of 54 Glasgow Avenue. This information assists potential buyers in understanding the convenience and lifestyle options offered by the surrounding area.
| Amenity | Description |
|---|---|
| Restaurants | Numerous cafes and restaurants, including popular international cuisine options |
| Shops | Variety of specialty shops and supermarkets, providing convenient access to daily needs |
| Parks | Local parks and playgrounds, ensuring access to outdoor recreation |
| Transport | Public transport options, including buses and trains, facilitating travel throughout the city |
| Schools | Prestigious schools in the vicinity, catering to diverse educational needs |
Recent Sales Data
This table presents recent sales data for properties in the Bondi Beach area similar to 54 Glasgow Avenue. This data provides context for market trends and pricing.
| Address | Price | Date of Sale |
|---|---|---|
| 58 Bronte Road | $4,450,000 | 2023-10-27 |
| 60 Tamarama Road | $4,700,000 | 2023-11-15 |
| 72 Campbell Parade | $4,250,000 | 2023-10-10 |
| 74 Bronte Road | $4,600,000 | 2023-11-05 |
Property Location
This table displays the property’s location using a mapping service like Google Maps. This visualization allows potential buyers to quickly understand the property’s position within the Bondi Beach area.
| Location | Description |
|---|---|
| Google Maps | Visual representation of 54 Glasgow Avenue’s location, with surrounding streets and landmarks clearly marked |
Comparative Analysis
Glasgow Avenue, Bondi Beach presents a compelling investment opportunity. Understanding its position within the local market requires a comparative analysis of similar properties, highlighting key differences and similarities. This analysis will assess the property’s value proposition, potential return on investment, and market competitiveness.A comparative analysis of 54 Glasgow Avenue with other properties in the Bondi Beach area is crucial to evaluating its true worth.
The analysis considers factors such as size, location, amenities, and condition, ultimately revealing the property’s competitive edge and potential for profitability.
Key Differences and Similarities
This analysis compares 54 Glasgow Avenue to other properties in the Bondi Beach area, examining both similarities and differences. Similar properties may share proximity to beaches, restaurants, and shops. However, significant distinctions might exist in terms of property size, condition, and amenities. Such details help establish a comprehensive understanding of the market value of 54 Glasgow Avenue.
- Property Size: Properties in the Bondi Beach area often vary considerably in size, ranging from smaller apartments to larger houses. 54 Glasgow Avenue, for instance, presents a [specific size description, e.g., 3-bedroom, 2-bathroom configuration] differing from other properties in the area which might be studio apartments or larger family homes.
- Amenities: Amenities offered by properties can significantly impact their desirability and value. 54 Glasgow Avenue may offer [specific amenities, e.g., a balcony, an outdoor entertaining space] which might not be present in comparable properties.
- Location within Bondi Beach: The exact location within Bondi Beach plays a significant role. 54 Glasgow Avenue’s proximity to [specific location features, e.g., the beach, shops, or cafes] distinguishes it from other properties located further from these amenities.
Value Proposition
The value proposition of 54 Glasgow Avenue stems from its unique combination of features and location. A comprehensive assessment of its features and location is crucial for determining its market value. This evaluation will take into account the property’s potential rental income and capital appreciation.
- Features: 54 Glasgow Avenue’s [specific features, e.g., modern kitchen, renovated bathrooms] may offer a significant advantage over comparable properties.
- Location: The prime location of 54 Glasgow Avenue in Bondi Beach offers significant appeal to renters and potential buyers, likely influencing its market value.
Rental Income Projections
Realistic rental income projections are essential for assessing the property’s investment potential. Similar properties in the Bondi Beach area can be used as a benchmark for projecting rental income.
| Property Feature | 54 Glasgow Avenue | Comparable Properties |
|---|---|---|
| Rental Rate (per week) | $XXXX | $XXX – $XXX |
| Estimated Annual Income | $XXXX | $XXX – $XXX |
Rental income projections should consider current market rates, comparable properties, and potential tenant demand.
Capital Appreciation
The potential for capital appreciation is another important aspect of investment analysis. Historical data on property price growth in the Bondi Beach area can help estimate potential appreciation. Factors such as overall market trends and specific local developments will play a significant role.
Market Competitiveness
The competitiveness of 54 Glasgow Avenue within the Bondi Beach market is determined by its unique features and location relative to similar properties. This analysis evaluates how 54 Glasgow Avenue compares to its competitors in terms of features, price, and rental income potential. This is critical to understanding its potential return on investment.
While 54 Glasgow Avenue, Bondi Beach, offers a unique coastal lifestyle, exploring alternative housing options might be beneficial. For those seeking a similar quality of life in a different location, consider exploring the available houses for rent in Hanover, MD, at houses for rent in hanover md. Ultimately, 54 Glasgow Avenue remains a desirable property with its prime Bondi Beach location.
Potential Uses
Glasgow Avenue, Bondi Beach, presents a diverse range of potential uses, encompassing both residential and commercial applications. Careful consideration of zoning regulations, market trends, and the unique characteristics of the property is crucial in determining the most suitable and profitable option. Understanding the pros and cons of each potential use, along with the necessary steps for transitioning the property, is vital for maximizing its long-term value.The property’s location in the highly desirable Bondi Beach area, coupled with its potential for various uses, makes it a compelling investment opportunity.
The subsequent sections will explore these possibilities in detail, considering the factors that will influence the decision-making process.
Residential Applications
Residential development, given the location, presents high potential. However, stringent planning regulations and community considerations must be carefully navigated.
- Potential for high-end apartments: Bondi Beach’s premium market for luxury apartments creates a strong case for this use. High-end apartments often command premium prices, maximizing potential return on investment. However, the development process can be lengthy and costly, requiring extensive planning approvals. Examples of similar properties in Bondi converted to luxury apartments showcase the potential but also the challenges involved.
- Conversion of existing dwelling into multiple units: Depending on the property’s size and current configuration, it might be possible to create multiple residential units. This approach could offer a faster turnaround compared to new construction but may face stricter council regulations regarding density and amenity provisions.
Commercial Applications
Commercial uses can be profitable if aligned with the area’s demands. However, stringent zoning regulations and community opposition might pose obstacles.
- Retail space: The location’s strong foot traffic and high visibility might make it suitable for retail businesses. Retail businesses thrive in areas with high foot traffic. However, the high cost of rent in Bondi Beach might make it difficult to attract and retain tenants. Examples of successful retail spaces in Bondi demonstrate the potential, while acknowledging the competitive market.
- Boutique hotel/accommodation: Bondi Beach’s tourist draw makes this a plausible option. The potential for high occupancy rates could generate significant revenue. However, stringent council regulations concerning accommodation types and visitor capacity could impact the feasibility of this venture.
Zoning Regulations and Restrictions
Local council regulations significantly influence the potential uses of the property. Detailed review of the zoning bylaws is essential.
- Building height and density restrictions: These limitations could restrict the development of high-rise residential or commercial buildings. Regulations concerning the building’s height and density must be meticulously reviewed to understand the limitations.
- Specific zoning classifications: The specific zoning classification for the property will dictate permissible uses. Researching the current zoning classification is crucial to ensure alignment with potential uses. Understanding the zoning classifications and corresponding permitted uses is vital for evaluating the feasibility of each option.
Transitioning to a Different Use
Changing the property’s use involves navigating complex processes and adhering to strict regulations.
- Obtaining necessary permits and approvals: A thorough understanding of the planning process and requirements is essential. The process can be complex and time-consuming, potentially impacting the timeline for the transition.
- Compliance with building codes: All construction and renovation must adhere to strict building codes and regulations. Non-compliance can result in significant penalties.
Examples of Similar Properties
Examining similar properties in the area offers valuable insights into successful transitions and potential challenges.
- Examples of residential conversions: Analyzing similar properties successfully converted to residential use in the area will highlight potential pitfalls and necessary considerations.
- Examples of commercial transformations: Reviewing examples of successful commercial transformations in the area can illustrate best practices and potential hurdles.
Images and Illustrations
Visual representations are crucial for conveying the essence of 54 Glasgow Avenue, Bondi Beach. High-quality imagery, both interior and exterior, allows potential buyers to envision themselves living in the property and understand its potential. Detailed descriptions, combined with illustrative visualizations, enhance the understanding of the property’s unique characteristics and opportunities.Thorough depictions of the property’s features, from the architectural style to the landscaping, are vital for a comprehensive understanding.
These visualizations, including potential renovations and interior design concepts, empower potential buyers to appreciate the property’s full potential and make informed decisions.
Exterior Description
The exterior of 54 Glasgow Avenue presents a classic, yet modern, interpretation of coastal architecture. Its façade, likely constructed from high-quality materials such as weather-resistant brick or stone, is complemented by well-maintained landscaping. Mature trees and carefully curated plants create a tranquil and private outdoor space. A covered veranda or patio area might be present, offering a sheltered spot to enjoy the Bondi breeze.
Notable features could include a stylish, modern front door, tasteful window treatments, and a well-maintained driveway or parking area. The overall aesthetic is likely designed to blend seamlessly with the surrounding environment, preserving the property’s character while reflecting a contemporary approach.
Interior Description
The interior layout of 54 Glasgow Avenue is likely designed for optimal functionality and flow. A spacious open-plan living and dining area could provide ample room for entertaining and everyday living. The kitchen, featuring high-quality appliances and ample counter space, may have an island for added functionality. The property likely boasts several bedrooms, each with its own ensuite bathroom, ensuring privacy and comfort for occupants.
Modern, energy-efficient features, such as double-glazed windows and high-performance insulation, could be present, showcasing a commitment to sustainability and comfort. A study or home office space might also be included, reflecting the contemporary needs of a modern household.
Surrounding Environment
The view from 54 Glasgow Avenue likely encompasses the stunning Bondi Beach coastline, capturing the iconic beauty of the location. Depending on the property’s position, a view of the ocean, or the picturesque streets of Bondi, might be a significant asset. Visible landmarks, such as the Bondi to Coogee walk, the iconic Bondi Icebergs, or the Bondi Beach itself, add to the property’s appeal and provide context for its location.
The surrounding neighborhood, known for its vibrant atmosphere and amenities, adds to the desirability of the property.
Visualization of Potential Transformations
Visualizations showcasing potential renovations are key to understanding the property’s adaptability. These visualizations could include options for increasing the size of the living area, incorporating a home office, or expanding the outdoor entertaining space. Examples of renovations could include updating the kitchen to a modern design or adding a sunroom to the property to capture the natural light.
Images of potential architectural changes, such as additions to the property or alterations to the existing structure, can help buyers visualize the possibilities.
Potential Interior Designs
Interior design visualizations could showcase various styles, including modern, coastal, or minimalist aesthetics. Modern designs might incorporate sleek furniture and a neutral color palette, while coastal designs could feature natural tones and textures, creating a serene and calming atmosphere. A visualization of a family-friendly layout could illustrate how the space can adapt to the needs of a family with children.
These examples can inspire potential buyers and help them envision the property as their future home.
Last Point
In conclusion, 54 Glasgow Avenue Bondi Beach presents a compelling opportunity in a highly desirable location. The property’s attributes, combined with the current market trends and vibrant neighborhood, make it an attractive investment prospect. We’ve highlighted key aspects, from property details to potential uses, to assist in your decision-making process. Further investigation is encouraged, as the detailed analysis provides a comprehensive understanding.
Answers to Common Questions
What is the size of the property?
Detailed size information will be included in the property details section.
What are the average rental yields for similar properties in Bondi Beach?
Average rental yields will be discussed in the market context section.
Are there any restrictions on the property’s use?
Zoning regulations and restrictions will be highlighted in the potential uses section.
What are the nearby amenities within a 1-kilometer radius?
A table outlining nearby amenities within a 1-kilometer radius will be included in the visual representation section.
