Making a move to Elizabeth Bay, NSW 2011? It's an excellent first step to know if the suburb is a good fit for you based on factors such as proximity to schools etc. The Homes.com.au suburb profile provides the statistics on Elizabeth Bay house prices, demographics & market trends so we can help you make an intelligent decision about your potential move to the suburb.
If you're looking at buying in Elizabeth Bay, keep reading for a brief historical overview to discover more about the amazing lifestyle and what the suburb has to offer.
Overview Elizabeth Bay is a suburb located along the eastern side of Sydney harbour. It is just 3 km from the central business district. It is surrounded by Potts Point on the west, Darlinghurst on the southwest, and Rushcutters Bay on the east. The major roads in the area are Macleay Street, Greenknowe Avenue, and Roslyn Gardens, among others. In 2016, it had 21,199 residents.
Living in Elizabeth Bay Elizabeth Bay is a harbourside neighbourhood that is close to the city but still offers a tranquil ambience. It is not as heavily populated as the other localities, making it an excellent option for those who prefer a more laid-back lifestyle. There are a couple of green spaces within the suburb, including Lawrence Hargrave Reserve, John Armstrong Reserve, Arthur McElhone Reserve, and Beare Park. Along with the recreational sections and commercial establishments, it also houses many heritage sites along Billyard Avenue and Elizabeth Bay Road. On the other hand, most restaurants are scattered along Macleay Street. If you want al fresco dining with scenic water views, try The Lookout, just beside Beare Park.
History of Elizabeth Bay The suburb was named after the wife of Governor Lachlan Macquarie―Elizabeth. However, there were claims that it was initially called “Yarrandabby” and that Macleay Point was previously known as “Jerrewon”. Alexander Macleay, the colonial secretary of NSW from 1767 to 1848, purchased acres of land within the suburb. Subsequently, he commissioned an architect named John verge, who created the Elizabeth Bay House in 1837.
Find out more about the Elizabeth Bay property market by making a connection with a skilful Elizabeth Bay real estate agent on our find agent page.