06.23.2020 Suburb Spotlight

Suburb Spotlight: Bellevue Hill

Suburb Spotlight: Bellevue Hill

Bellevue Hill offers residents the best of both worlds.

Its central location means it’s within easy reach of all the action, while it’s predominantly residential streets provide for a level of leafiness and quietness not found in many places so close to the CBD.

Set on the hill above Rose Bay, Point Piper and Double Bay, Bellevue Hill adjoins Bondi and Woollahra. This premium suburb boasts some amazing prestige property, as well as sensational harbour and city views.

The name

In the early days of the colony, Bellevue Hill was known as Vinegar Hill, after the Irish Rebellion’s 1798 Battle of Vinegar Hill. Governor Lachlan Macquarie renamed it Bellevue Hill, belle vue meaning ‘beautiful view’ in French.

After white settlement, Bellevue Hill was part of the estate of ex-convict Daniel Cooper who built a financial empire before returning to the UK in 1831. The estate was progressively broken up into large parcels from the 1850s. The bulk of the residential subdivision and land sales were conducted between the 1880s and the 1930s, and redevelopments happened with gusto from the 1990s, reflecting the architecture we find there today.

Population snapshot: Who lives in Bellevue Hill?

Bellevue Hill has long had a reputation as home to many of Sydney’s movers and shakers. It’s list of notable residents – past and present – could fill volumes.

At the time of the 2016 Census, Bellevue Hill had 10,716 residents, with a median age of 37. There are 4,642 properties. Of these, around one third are detached, freestanding houses and almost two-thirds are units or apartments. There are also a handful of terraces and townhouses.

Thirty-five per cent properties are owned outright, 32% are owned with a mortgage and 33% are rented.

Market snapshot

Property in Bellevue Hill is highly desirable. From one-bedroom units to sprawling gated estates, there’s something to capture everyone’s attention.

According to realestate.com.au, the median house price in Bellevue Hill sits at a healthy $6 million as of April 2020, while apartments came in at a much more accessible $1,252,500.

The vacancy rate is 3.94% and around a third of residents are renters, according to realestateinvestar.com.au.

Five reasons the locals love Bellevue Hill

1. Excellent public and private schools

Bellevue Hill Public School is one of the east’s most highly regarded public primary schools. Rose Bay Secondary College is also nearby. Two private K-12 boys’ schools, The Scots College and Cranbrook, are both located on Victoria Road, Bellevue Hill. Girls’ schools Kambala and Kincoppal are both at Rose Bay just down the hill, while Ascham is nearby at Edgecliff.

2. Amazing range of fabulous property

Some of Australia’s most prestigious, expensive and historic houses are located in Bellevue Hill, including large estates such as Rona on Ginahgulla Road.

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Several properties are heritage-listed properties in styles including Art Deco, Victorian Gothic Revival, Federation and Spanish Mission. But it’s not all history and tradition. The suburb also has its share of cutting-edge modern designer homes.

Families are drawn to Bellevue Hill’s spacious houses, while young professionals and downsizers covet its modern or classic Art Deco apartments.

3. Secluded parks and green spaces

Bellevue Hill is home to the oasis known as Cooper Park, a large bushland reserve that runs through the gully and includes walking tracks, creek, picnic shelters, tennis courts and more. Comprising 38 acres, it stretches from the Lough Playing fields on Manning Road, Double Bay, all the way to Victoria Road, Bellevue Hill. If you’re after a killer view to enjoy while the kids run wild, head up to Bellevue Park.

4. Picture perfect views

Talking about great views, there’s a reason Bellevue Hill earned its name. Many homes on the hill have amazing harbour and city views. Even if you don’t live here you can enjoy them too simply by taking a walk through the quiet, leafy streets. Our pick is to take a stroll down Victoria Street or Kambala Road.

On the eastern side of the suburb, some homes look over the equally beautiful Royal Sydney Golf Course.

5. Peaceful, central location

Bellevue Hill is 5km from the CBD and just a short walk or drive to the shops and services of Rose Bay, Double Bay or Bondi Junction. The beach, shopping and entertainment of Bondi is right next door, as are the restaurants and pubs of Woollahra and nearby Paddington.

But Bellevue Hill itself remains secluded, with just a few quality cafes and shops on Bellevue Road that draw a local crowd.

Recent listings and sales

9 Cranbrook Lane, Bellevue Hill

88 Victoria Road, Bellevue Hill

If Bellevue Hill is on your watch list, don’t hesitate to get in touch with our team today.