[3] The suburb was undeveloped bushland until 1957 when Dick Dusseldorp bought most of the land from the NSW government and subdivided Middle Cove as we know it today.
More recently, record prices have been seen for properties within Middle Cove which have sought to take advantage of its unique location and vista by combining it with exemplary architectural design.
[5] Before European settlement, this area was populated by the Aboriginal tribe Cammeraygal, which lends its name to the nearby suburb of Cammeray.
Governor Phillip in a dispatch of 1790 reported: "...About the north-west part of this harbour there is a tribe which is mentioned as being very powerful, either from their numbers or the abilities of their chief.
They were also the most robust and muscular and had the extraordinary privilege of extracting a tooth from the natives of other Bands and Tribes inhabiting the sea-coast."
It has also been declared a protected area for wildlife, which includes goannas, sugar gliders, buff-banded rails, swamp wallabies, snakes and eastern spinebills.