Elyment

Double Bay 2028

Sydney, NSW· 5.0 km from CBD

luxury
harbour
shopping
prestige
Houses$5800k
Units$1450k
Growth+4.8%
Walkability82/100

Property market

Days on Market (Houses)

32

days

Clearance Rate

6200%

Price History

YearHouse MedianGrowthUnit MedianGrowth
2019$4.38M+4.9%$1.20M+3.8%
2020$4.59M+3.9%$1.24M+3.1%
2021$4.81M+5.6%$1.28M+3.7%
2022$5.04M+5.1%$1.32M+3.8%
2023$5.28M+5.4%$1.36M+3.7%
2024$5.53M+4.7%$1.41M+3.2%
2025$5.80M+5.7%$1.45M+2.6%

Demographics

Population & Age

Total Population

4,200

Median Age

42

Income & Employment

Household Income (wk)

3,800 $/wk

Household Composition

Avg Household Size

2

Owner Occupied

48.0%

Renting

42.0%

Education & Diversity

Bachelor Degree+

62.0%

Born Overseas

38.0%

Separate House

15.0%

Flat/Apartment

68.0%

Lifestyle & Amenities

Walkability

82/100

Safety

90/100

Green Space

12/100

Lifestyle

93/100

Investment Analysis

Investment Score

58

B

out of 100

Rental Yield

Houses: 2.1%

Units: 3.2%

Buyer Demand

70

demand index (0-100)

Weekly Rent

Houses

$2350/wk

Units

$800/wk

Frequently Asked About Double Bay

AI Insights for Double Bay

About Double Bay

Double Bay — affectionately known as 'Double Pay' — is Sydney's most glamorous shopping village. Bay Street and Cross Street feature international designer boutiques alongside leading restaurants and champagne bars. The harbourfront marina, Steyne Park, and Redleaf Pool offer waterside leisure. Property here attracts ultra-high-net-worth buyers, with grand harbour-view mansions and premium apartment developments. The suburb's exclusivity is maintained by strict heritage controls and limited development potential.

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