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Tamarama

POSTAL CODE: NSW, 2026
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A steady increase in median property prices over a five-year period in the suburb translates to a 6.32% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $7,362,500

The augmented property values in the suburb are trailing behind the territorial average of 5.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1275.

Home owners selling their properties and realtors in TAMARAMA usually have to wait an average of 63.8 days days before their assets are lifted off the market.

The NSW suburb ranks 1160th on the list of best yielding suburbs for rental properties in NSW, posting a 0.9% return.

It also places places 254th in Australia based on median property value growth during the quarter.

Surburb overview

Tamarama is a small, picturesque coastal suburb located approximately 7 kilometres southeast of the Sydney Central Business District. Known for its stunning beach, scenic coastal walk, and tranquil atmosphere, Tamarama is part of the Waverley Council Local Government Area. The suburb is often called “Glamarama” due to its chic vibe and popularity with beachgoers, artists, and professionals.

With a population of around 1,574 people, Tamarama is one of the smallest suburbs in Sydney. The median age of residents is 38, and the suburb is home to a mix of established families, professionals, and retirees. Many residents were born in Australia, with other common countries, including the United Kingdom, New Zealand, and the United States. Housing in Tamarama predominantly consists of modern, architecturally designed homes and luxurious apartments, many of which offer spectacular ocean views.

Public transport options in Tamarama include bus routes that connect the suburb to Bondi Junction and the Sydney CBD, making it a convenient location for commuters. The nearby Bondi Junction railway station on the T4 Eastern Suburbs & Illawarra Line offers additional access to Sydney’s transport network. The suburb is also easily accessible by car, with Tamarama’s winding streets offering a serene drive through this coastal enclave.

The main attraction of Tamarama is its small, sheltered beach, which is less crowded than its neighbouring beaches, Bondi and Bronte. Tamarama Beach is famous for surfing and sunbathing, and the adjacent Tamarama Park features grassy areas, barbecues, and picnic facilities, making it an ideal spot for family outings and social gatherings. The beach is patrolled by the Tamarama Surf Life Saving Club, which has a long history of community involvement.

Tamarama is also a key point on the Bondi to Coogee coastal walk, offering breathtaking views of the Pacific Ocean and surrounding cliffs. The suburb’s natural beauty and relaxed atmosphere have made it a prime location for annual events. One is Sculpture by the Sea, an outdoor art exhibition showcasing contemporary sculptures along the coastal walk.

Due to its small size, Tamarama's local amenities are limited. Still, the suburb is within walking distance of the bustling Bondi and Bronte areas, where residents can access various cafes, restaurants, and shops. Schools near Tamarama include Bondi Public School and Bronte Public School, making it a suitable choice for families.

With its serene environment, stunning natural scenery, and proximity to Sydney’s iconic beaches and attractions, Tamarama offers an exclusive and peaceful lifestyle quintessentially Sydney.

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