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Suburb Insights ยท NSW 2011

Elizabeth Bay 2011, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Elizabeth Bay is an inner-city suburb of Sydney, Australia, with a population of approximately 4,878, making it a boutique locality. Located 2 km from the Sydney CBD, Elizabeth Bay is a inner city area in New South Wales. The median household income is $110,032 AUD per year (ABS 2021 Census).

Investment Score

88 / 100 Strong

Strong household incomes in Elizabeth Bay underpin solid property demand. Its proximity to the CBD adds a strong location premium.

Location

Map shows Elizabeth Bay, New South Wales, Australia.

Key Indicators

Postcode
2011

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

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Population
4,878

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

ABS Census Data โ†’
Median Rent (weekly)
$500/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
$110,032/yr

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

ABS Census Data โ†’
Distance to CBD
2 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)
$2,582/mo

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

ABS Census Data โ†’
Dwelling Type
0% 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 an inner-city location, Elizabeth Bay benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $500/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,582/month. A median household income of $110,032/year supports premium property values and indicates a well-employed resident base. With only 0% separate houses, Elizabeth Bay has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Elizabeth Bay's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Rental returns in Elizabeth Bay are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

The resale market in Elizabeth Bay may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Elizabeth Bay property

Full Property Analysis

30-year projections for Elizabeth Bay

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

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

Elizabeth Bay enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Elizabeth Bay remains on the radar of active property investors in New South Wales.

Frequently Asked Questions

Is Elizabeth Bay a good suburb for investment?

Elizabeth Bay is a inner city area in New South Wales with a population of 4,878. The median rent is $500/week and the median household income is $110,032/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 Elizabeth Bay?

Key demand drivers in Elizabeth Bay include employment proximity and urban lifestyle. 0% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Elizabeth Bay?

According to the ABS 2021 Census, Elizabeth Bay has a population of approximately 4,878. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Elizabeth Bay from the Sydney CBD?

Elizabeth Bay is approximately 2 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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