Double Bay

Double Bay is a beautiful harbour suburb only 4 kilometres from the city. Very exclusive with a traditional past, it is now attracting more and more millennials. The area is fast becoming rejuvenated with smart new cafes and restaurants.

Double Bay offers a balanced lifestyle where fashion, food and elegance meet family practicality and easy access to the Sydney CBD.

With many parks to choose from, a great local school and the sparkling waters of a harbour beach, Double Bay offers excellent amenity for its locals and inhabitants.

Sunday afternoons can be spent having lunch on the water at the 18 footers or watching the football at the Sheaf Hotel.

 

Median prices*

  • Houses – to buy $4,406,000 and to rent is $1,745 per week
  • Units – to buy $1,430,000 and to rent is $750 per week

*realestate.com.au 25 August, 2018

1
Postcode 2028
Local Government: Woollahra Municipal Council
State Electorate: Vaucluse
Federal Division: Wentworth
Distance from Sydney CBD: 4.0 km
Surrounding suburbs: Bellevue Hill, Darling Point, Edgecliff, Point Piper, Woollahra
 

HOUSES*

UNITS*

Median Sales Price $4,265,000 $1,439,000
No. of Sales 12 112
Median Rent $1,690.00 per week $775.00 per week
Rental Yield 2.0% 2.8%

*Source: CoreLogic – 12 months to May 2018

People

Population 1

4,642

(4,687)

% Adults over 65 1

21.9%

(over 60 24.5%)

Median age 1

39

(38)

% Children under 15 1

11.4%

(12.9%)

People per household 1

2.1

(2.1)

Children per family 1

1.6

(1.7)

Household Composition

Family

56.4%

(55.5%)

Single

33.3%

(34.6%)

Group

10.3%

(9.9%)

Family unit per household

52.5%
Couple without children
32.4%
Couple with children
12.3%
One parent family
2.8%
Other

Dwellings

Number of dwellings 1

2,516

(2,540)

Percentage apartments 1

75.1%

(73.9%)

Ave no. of bedrooms 1

2.5

(2.5)

Ave no. of cars 1

1.2

(1.2)

Percentage rentals 1

41.0%

(42.1%)

Dwelling size

Studio

0.2%

(0.2%)

1 Bedroom

8.0%

(8.4%)

2 Bedroom

47.2%

(49.9%)

3+ Bedroom

41.4%

(39.8%)

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Source: Australian Bureau of Statistics, Census year 2016  (Source: Australian Bureau of Statistics, Census year 2011)