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Dolls Point

POSTAL CODE: NSW, 2219
UNIT

A survey of average capital gains or median home price increase in suburbs across the country shows that DOLLS POINT, 2219 obtained a 8.88% growth over a ten-year period. It ranks 134th on our list of suburbs that property investors should look into.

DOLLS POINT, 2219 has a capital gain of -9.54% for the past year, which is lower than average compared to its 0.17% growth within a five-year period.

With the median home price in DOLLS POINT sitting at $886,500, and the average rent at $670, property owners could potentially earn a 3.93% increase in gross rental yield.

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

DOLLS POINT, 2219 in NSW belongs to the local government area of Bayside (NSW).

Surburb overview

Nobody thought Dolls Point was habitable centuries ago for its arid, desert terrain. Flash forward to today, Dolls Point is a picturesque, bayside community where both retirees and young families have found their new home. With an enthralling view of Botany Bay and uncluttered surroundings, it’s easy to understand why people are ditching the rat race to settle at Dolls Point. The suburb has a diverse community composed of migrants from Greece, China, New Zealand, England and Egypt.

Tourism

Dolls Point is among the top destinations in Sydney during Australia Day. A point of interest in the suburb in particular is the Depena Reserve, which has a nice boardwalk lined with Norfolk pine trees and an expansive parkland perfect for barbecues and picnics with the family. Depena also sits next to a white sand beach where weekend warriors can be spotted engaging in extreme sports such as kitesurfing. Dolls Point shares a sailing club with the suburb of Sandringham called the Georges River 16ft Sailing Club, a popular hangout for both the young and old.

Properties for sale

Majority of the housing supply in Dolls Point are either new and refurbished units in apartment complexes. Guided by the suburb’s ethos of minimalism – crisp lines, neutral colors such as white, gray and teal, and simple furniture are a common feature of units for sale in the area. Due to climbing demand, median home rates have increased in the past five years by 55 per cent, making Dolls Point well positioned to become Sydney’s next real estate and tourism hotspot.

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