Double Bay, NSW
FAIR VALUE6,198 sales · 35 years of data · NSW, Australia
Double Bay, NSW Property Market Overview
Double Bay, a prestigious harbourside suburb located in Sydney, New South Wales, boasts a rich property history spanning 35 years. With 6,198 recorded sales, Double Bay showcases a robust market. The current median property price for all dwellings stands at $2,890,000, reflecting its desirability and premium location.
Double Bay is renowned for its upscale boutiques, waterfront dining, and proximity to Sydney Harbour. The suburb offers a mix of housing options, from elegant houses with a current median of $7,775,000 to stylish apartments with a median of $2,040,000. Its established character and desirable lifestyle contribute to its enduring appeal. The 10-year, 20-year, and full period Compound Annual Growth Rates (CAGR) for Double Bay are 5.4%, 7.0%, and 6.0% respectively, illustrating solid long-term growth.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Double Bay
Top streets in Double Bay, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Stafford St | $14,500,000 |
| 2 | Bay St | $3,750,000 |
| 3 | Holt St | $2,750,000 |
| 4 | Carlotta Rd | $10,250,000 |
... and 72 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Bay St | $19,639/m² |
| 2 | Forest Rd | $20,200/m² |
| 3 | Cross St | $28,297/m² |
| 4 | William St | $23,081/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Manning Rd | +9.5% |
| 2 | Epping Rd | +9.1% |
| 3 | Holt St | +8.9% |
| 4 | Carlotta Rd | +11.7% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 39 Ocean Ave | $3,850,000 |
| 2 | 11 Guilfoyle Ave | $8,500,000 |
| 3 | 9 Marathon Mews | $4,075,000 |
| 4 | 34 Cross St | $7,000,000 |
... and 92 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Double Bay analysis
76 streets and 96 buildings to explore
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Double Bay at a Glance
Double Bay, NSW
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Local Amenities
Living in Double Bay, NSW
Living in Double Bay offers a sophisticated and convenient lifestyle. The suburb is known for its upscale boutiques, cafes, and restaurants along Bay Street. Double Bay also boasts beautiful parks and green spaces, including Steyne Park, providing residents with opportunities for recreation and relaxation.
Families are drawn to Double Bay for its excellent schools, such as Double Bay Public School and nearby private schools like Ascham School. The suburb is well-connected by public transport, with bus routes providing access to the city and other areas. Double Bay offers a vibrant and cosmopolitan atmosphere, attracting residents who appreciate its premium location and amenities. The suburb is known for its friendly community and strong sense of local pride.
Who Buys in Double Bay?
The buyer profile in Double Bay is diverse, reflecting the suburb's range of housing options and lifestyle appeal. The high median prices for both houses and apartments suggest that Double Bay attracts affluent buyers, including professionals, downsizers, and families seeking a premium location. The significant strata percentage of 58.0% indicates a strong demand for apartment living, particularly among those seeking low-maintenance lifestyles and convenient access to amenities. Historically strong capital growth, as evidenced by the CAGR figures, also attracts investors to Double Bay.
Market Analysis
Currently, Double Bay's property market is assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Double Bay are aligned with historical growth patterns and market fundamentals. This cycle position reflects a balance between supply and demand, and the absence of significant over or undervaluation.
For prospective buyers and sellers, understanding the cycle position provides context for making informed decisions. While Double Bay's market is currently considered to be near its long-term trend, it's important to monitor ongoing market dynamics and consider individual property characteristics when evaluating potential transactions.
Is Double Bay a Good Investment?
Double Bay's enduring appeal and consistent growth make it a perennially interesting property market. Historically, the suburb has demonstrated solid capital appreciation, with a 20-year CAGR of 7.0%. The current cycle position indicates that Double Bay is trading near its long-term trend, suggesting a market that is neither significantly overvalued nor undervalued.
Double Bay's premium location, desirable lifestyle, and strong demand contribute to its property values. The suburb's proximity to Sydney Harbour, upscale amenities, and excellent schools continue to attract buyers. The data shows that Double Bay has maintained steady growth over the long term. The suburb's current market position is near its long-term trend as of early 2026.
Double Bay Market Outlook
As of early 2026, Double Bay's property market is assessed to be near its long-term trend. Recent price trends have reflected this stability, with the market exhibiting a balanced dynamic. While Double Bay remains a desirable location, potential buyers and sellers should closely monitor market conditions and consider individual property attributes when making decisions. The suburb's premium location and lifestyle continue to support its property values.
Streets & Location in Double Bay, NSW
Double Bay, postcode 2028, is characterised by its exclusive residential streets and proximity to Sydney Harbour. Some of the top streets in Double Bay, based on median property prices, include CROSS ST, KNOX ST, and HOLT ST. These streets showcase the suburb's premium real estate and desirable location. With a total of 76 streets, Double Bay offers a variety of residential settings, from waterfront properties to leafy suburban avenues.
Market Dynamics
The transaction patterns in Double Bay reflect a stable and efficient market. The average settlement timeframe for property sales in Double Bay is 63 days, indicating a smooth and streamlined process. Data regarding quick-flip percentage is not available. These market dynamics provide insights into the typical timelines and investor activity associated with property transactions in Double Bay.
Development & Density
Double Bay features a mix of housing types, with a notable presence of apartment buildings. The suburb is home to 96 apartment buildings, contributing to its higher density compared to some other Sydney suburbs. The strata percentage of 58.0% indicates a significant proportion of apartment living. This housing composition caters to a diverse range of residents, from families to professionals seeking convenient apartment living in Double Bay.
Growth & Property Mix
Historically, Double Bay has demonstrated consistent property value appreciation, as evidenced by a 10-year CAGR of 5.4%, a 20-year CAGR of 7.0%, and a full-period CAGR of 6.0%. These growth rates reflect the suburb's enduring appeal and strong demand. The property mix in Double Bay comprises a significant proportion of apartments, with strata title properties accounting for approximately 58% of the market. This blend of housing types caters to a diverse range of buyers and investors.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.