31/53 Ocean Avenue

Double Bay NSW 2028

The size of Double Bay is approximately 0.8 square kilometres. It has 6 parks covering nearly 10% of total area. The population of Double Bay in 2011 was 4,686 people. By 2016 the population was 4,647 showing a population decline of 0.8% in the area during that time. The predominant age group in Double Bay is 30-39 years. Households in Double Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Double Bay work in a professional occupation. In 2011, 55.2% of the homes in Double Bay were owner-occupied compared with 54.9% in 2016.

Double Bay has 3,723 properties. Over the last 5 years, Houses in Double Bay have seen a 71.50% increase in median value, while Units have seen a 33.96% increase. As at 31 July 2024:

• The median value for Houses in Double Bay is $6,588,966 while the median value for Units is $1,693,487.
• Houses have a median rent of $2,000 while Units have a median rent of $980.