AREA REPORTS

Double Bay

 

 

NSW/
Double bay

Suburb Profile

Double Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2028

house
unit

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 6.08% growth over a ten-year period. It ranks 1349th 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 15.38% for the past year, which is higher than average compared to its 60.49% growth within a five-year period.

With the median home price in DOUBLE BAY sitting at $4,500,000, and the average rent at $1794.5, property owners could potentially earn a 2.07% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in DOUBLE BAY are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $4,500,000 $1,400,000
GROWTH REPORT
Median Quarterly -10% -6.04%
Median 12 month 15.38% -7.32%
Median 3 years 38.46% 9.38%
Median 5 years 60.49% 74.89%
10 years average annual 6.08% 9.24%
Weekly media advert. rent $1794.5 $800
Time on Market 0.0 days 51.5 days
Gross Rental Yield Percent 2.07% 2.97%
demographics (median values)
Total Population
4701
Weekly Household Income
1817
Household Size
2.10
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