Double Bay NSW Property Investment

Woollahra · 2028

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Median House Price
$8.30M
Rental Yield
1.2%
Vacancy Rate
N/A
Median Weekly Rent
$1900/wk
Source: NSW Fair Trading, Residential Rental Bond Lodgements (Oct 2025 to Sep 2026). As of Sept 2026.
Median Unit Price
$2.27M
Population (Census 2021)
4,709

Double Bay Short-Term Rental Market

Short-stay estimate: run a brief
New dwellings approved
New dwellings approved, Woollahra council area, 12 months to Aug 2026: 227. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Double Bay.

Suburb Metric Thresholds

6 green1 yellow2 red
Weekly Rent (house)
1900 medium impact
Population growth 2016–21, postcode 2028 (ABS Census)
0.29 high impact
Median Household Income
3077 medium impact
Public Transport Score
9.1 medium impact
School Zone Quality
8 medium impact
Distance to CBD
3.1 medium impact
SEIFA Advantage/Disadvantage
10 medium impact
Owner Occupier Rate
53.2 medium impact
Gross Rental Yield (%)
1.19 high impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-08

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2028

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population (suburb)

4,709

Education (IEO)

10/10

Econ. Resources (IER)

5/10

Crime & Safety

Source: NSW Bureau of Crime Statistics and Research · 12 months to Jun 2026

Safety score

2.8/10

Offences per 1,000

88.5

Recorded offences

417

Double Bay: score 1–10, relative to other NSW suburbs (10 = lowest recorded offence rate per resident). Recorded offences, 12 months to Jun 2026 (suburb-level).

Source: NSW Bureau of Crime Statistics and Research, recorded offences, 12 months to Jun 2026. Population: ABS Census 2021 (SAL). Licensed under CC BY 3.0 AU. Dataset

Schools

In your catchment

Double Bay PS
PrimaryGovernment
8.7/10
Rose Bay SC
SecondaryGovernment
8.1/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.