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PROPERTY MANAGEMENT DOUBLE BAY

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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 $4,337,500 and to rent is $1,695 per week
Units – to buy $1,430,000 and to rent is $750 per week

*realestate.com.au 9 June, 2020

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 (prev 12 mths) $5,992,500 $1,700,000
Median Rent $1,800.00 per week $700.00 per week
Rental Yield 2.7% 2.1%

*Source: realestate.com.au – September 2021

PEOPLE

Population
4,642

(4,687)

MEDIAN AGE
39

38

People per household
2.1

2.1

% Adults over 60
27.0%

(24.5%)

% Children under 15
11.4%

(12.9%)

Children per family
1.6

(1.7)

FAMILY UNIT PER HOUSEHOLD

Family

56.4%

(51.1%)

SINGLE

33.3%

(31.0%)

GROUP

10.3%

(13.9%)

FAMILY UNIT PER HOUSEHOLD

51.1%

COUPLE WITHOUT CHILDREN

31.0%

COUPLE WITH CHILDREN

13.8%

ONE PARENT FAMILY

4.0%

OTHER

DWELLINGS

Number of dwellings

2,516

(2,540)

Ave no. of bedrooms

2.5

(2.5)

Ave no. of cars 1

1.2

(1.2)

Percentage apartments

75.9%

(73.9%)

Percentage rentals

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%)

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