Building profile · Bondi Junction

Aqua, 241 Oxford Street. Position is the price.

Twenty-one levels of curved glass opposite Westfield. Five recent sales — and between two near-identical apartments, thirteen floors made a $275,000 difference.

Aqua — 241 Oxford Street, Bondi Junction NSW 2022. Leighton Properties and Qualitas · KANNFINCH and DC8 Studio · interiors by Koichi Takada Architects · completed 2016.

21Levels
129Apartments, approx.
2016Completed
$3.38mTop sale, 2026

In a suburb defined by convenience and density, very few buildings stand apart. Aqua, at 241 Oxford Street, is one of them. You know it at once by the curved glass and the way it rises over the street.

The building

Aqua was conceived as a statement, not as another development. Leighton Properties and Qualitas developed it. KANNFINCH and DC8 Studio were the architects, with interiors by Koichi Takada Architects. It was completed in 2016, with about 129 apartments across 21 levels.

  • A curved glass façade, for light and outlook
  • Wintergarden balconies that join inside and out
  • Miele appliances, oak flooring and custom joinery
  • A rooftop sky garden on level 21, with views all round

The design here is not cosmetic. It changes how the apartments live — and, as the sales show, what they are worth.

The recent sales

Five sales in the building are on the record since December 2025. They run from $762,000 to $3,380,000.

7 March 2026 · Level 20$3,380,000Apartment 2005
3 bed · 2 bath · 2 car$2,165,000 in 2014. Up 56 per cent.
14 August 2026 · Level 17$1,760,000Apartment 1701
2 bed · 2 bath · 1 car$1,275,000 in 2014. Up 38 per cent.
12 December 2025 · Level 4$1,485,000Apartment 403
2 bed · 2 bath · 1 car
26 June 2026 · Level 17$800,000Apartment 1706
1 bed · 1 bath · no car space$800,000 in 2014. No change.
15 May 2026$762,000Recorded as Lot 52
1 bed$660,000 in 2014. Up 15 per cent.

What the sales say

Height is paid for here. Apartments 403 and 1701 are both two-bedroom, two-bathroom, with one car space. The record shows them at almost the same size. One is on level 4. The other is on level 17. The gap was $275,000. The sales were eight months apart, so not all of it is the floor — but most of it is.

The two-bedroom range held. Two-bedroom apartments in Aqua typically sit between $1,485,000 and $1,675,000, with premium sales past $1.7 million for the high floors with a view. The level 4 sale was the foot of that range, to the dollar. The level 17 sale was the premium.

The one-bedrooms came in under. The typical one-bedroom range has been $850,000 to $915,000. This year's two sold at $800,000 and $762,000. One of them is on level 17. Height did not rescue it.

The three-bedroom set the mark. Apartment 2005, on level 20 with two car spaces, sold for $3,380,000. It is one of the three highest unit sales in Bondi Junction this year.

In a building like Aqua, buyers are not just purchasing square metres. They are buying position within the building.

On growth

Four of the five sellers bought in 2014 — off the plan, two years before the building was finished. Twelve years on, the results line up by size.

  • Three bedroomApartment 2005+56%
  • Two bedroomApartment 1701+38%
  • One bedroomLot 52+15%
  • One bedroomApartment 17060%

Compounded, that is a little under 4 per cent a year for the three-bedroom, a little under 3 per cent for the two-bedroom, and between nothing and about 1 per cent for the one-bedrooms. All gross, before stamp duty and selling costs.

An apartment that sells for $800,000 twelve years after it cost $800,000 has lost money in every real sense. The building is not the problem. The off-the-plan price was. The larger apartments, which are scarce, have outrun it. The one-bedrooms have not.

The rent

Aqua draws a particular tenant — executives, professionals and high-income renters who want proximity and presentation.

One bedroom$850 to $1,000 a weekLeases quickly, often in under 15 days.
Two bedroom$1,350 to $1,650 a weekSteady demand for high-floor, furnished or premium-finish apartments.

Estimated gross yields run between 4.1 and 5.5 per cent. At this year's one-bedroom price of $800,000, the same rent works out to between 5.5 and 6.5 per cent gross, before levies, rates and vacancy. That is the case for the one-bedroom. It is an income asset, and a good one.

The position

  • Directly opposite Westfield Bondi Junction, at the Zara entrance
  • About 300 metres to the Bondi Junction interchange
  • Minutes to the CBD, the beaches and Centennial Park

I call it the walk-everywhere lifestyle. It drives both the resale market and the rental market in this building.

What I take from it

Aqua is three markets. The large apartments high in the building are scarce, and buyers compete for them. The two-bedrooms trade in a clear range, and the floor decides where. The one-bedrooms are priced on rent.

If you own high and large, the evidence is on your side. If you own a one-bedroom, price to this year's sales and sell the income. Either way, the building's reputation will not set your price. Your position in it will.

The building's reputation will not set your price. Your position in it will.

Own in Aqua, or looking to?

I read the sales in your own building first. I will tell you plainly where your apartment sits — by level, aspect, size and parking.

Request a free appraisal Begin a conversation
Alan Weiss

Principal, Weiss Real Estate. 35 years in the Eastern Suburbs.

0412 176 074  |  alan@weissrealestate.com.au

Sources. Sales are from a property export dated 5 October 2026 for 241 Oxford Street, Bondi Junction, and from CoreLogic RP Data, which also supplied the earlier prices and years. The export lists a one-bedroom sale of apartment 905 on 15 May 2026 with the price not disclosed; CoreLogic records a one-bedroom sale on the same date at $762,000 under Lot 52. They may be the same sale, and it is counted once. The record for apartment 1701 carries a data flag in CoreLogic. Lot areas are as recorded and are a guide to relative size, not internal floor area. Changes are gross, compare the recent price with the previous priced sale, and exclude stamp duty, selling costs and renovations. Annual figures are approximate, as only the year of the earlier sale is known. Typical price ranges and rents are approximate and vary with level, aspect, parking and presentation. Yields are gross: weekly rent multiplied by 52, divided by price.

This article is general commentary on the Eastern Suburbs property market and does not take account of any individual's circumstances, objectives or financial position. It is not financial, legal or investment advice. Property values move, and past sales are not a reliable indicator of future results. Alan Weiss, Weiss Real Estate — Licence 218396, independent contractor for eXp Australia.