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Double BayDouble Bay - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains DOUBLE BAY, 2028 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that DOUBLE BAY, 2028 obtained a 7.99% growth over a ten-year period. It ranks 539th on our list of suburbs that property investors should look into.
DOUBLE BAY, 2028 in NSW belongs to the local government area of Woollahra (A).
DOUBLE BAY, 2028 has a capital gain of 41.15% for the past year, which is higher than average compared to its 86.72% growth within a five-year period.
With the median home price in DOUBLE BAY sitting at $5,975,000, and the average rent at $1535, property owners could potentially earn a 1.34% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in DOUBLE BAY are high, as opposed to average gains per annum over the past five years.
A 41.15% increase in median property prices in DOUBLE BAY, 2028 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 65th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $5,975,000 | $1,762,500 |
| GROWTH REPORT | ||
| Median Quarterly | 23.45% | 5.54% |
| Median 12 month | 41.15% | 30.56% |
| Median 3 years | 27.13% | 17.42% |
| Median 5 years | 86.72% | 8.46% |
| 10 years average annual | 7.99% | 10.89% |
| Weekly media advert. rent | $1535 | $700 |
| Time on Market | 0.0 days | 73.9 days |
| Gross Rental Yield Percent | 1.34% | 2.07% |
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