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Suburb Insights ยท NSW 1360

Double Bay 1360, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Double Bay is a regional centre in New South Wales, Australia, with a population of approximately 4,709, making it a boutique locality. Located 3 km from the Sydney CBD, Double Bay is a regional area in New South Wales. The median household income is $160,004 AUD per year (ABS 2021 Census).

Investment Score

81 / 100 Strong

Strong household incomes in Double Bay underpin solid property demand. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Double Bay, New South Wales, Australia.

Key Indicators

Postcode
1360

Official Australia Post postcode for Double Bay. A postcode may cover multiple suburbs.

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Population
4,709

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$720/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$160,004/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
3 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$3,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
11% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Double Bay serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $720/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $3,000/month. A median household income of $160,004/year supports premium property values and indicates a well-employed resident base. With only 11% separate houses, Double Bay has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Double Bay could work well with careful property selection and a longer time horizon.

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Rental Yield

Double Bay's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Renovation or flip strategies in Double Bay face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Double Bay property

Full Property Analysis

30-year projections for Double Bay

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Strong

Price movement in Double Bay is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Double Bay may face longer tenant search times; competitive pricing will be important. Overall, investor sentiment toward Double Bay is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Double Bay a good suburb for investment?

Double Bay is a regional area in New South Wales with a population of 4,709. The median rent is $720/week and the median household income is $160,004/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Double Bay?

Key demand drivers in Double Bay include regional employment hubs, lifestyle, and affordability. 11% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Double Bay?

According to the ABS 2021 Census, Double Bay has a population of approximately 4,709. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Double Bay from the Sydney CBD?

Double Bay is approximately 3 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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