ABS 2021 Census · Updated 31 March 2026
Watsons Bay is a well-established middle-ring suburb of Sydney, Australia, with a population of approximately 883, making it a boutique locality. Located approximately 7 km from the Sydney CBD, Watsons Bay is a middle ring area in New South Wales. The median household income is $152,048 AUD per year (ABS 2021 Census).
Watsons Bay benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.
Map shows Watsons Bay, New South Wales, Australia.
Official Australia Post postcode for Watsons Bay. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Watsons Bay on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →Watsons Bay's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links — making them attractive to families and long-term tenants. The median rent of $674/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $3,384/month. A median household income of $152,048/year supports premium property values and indicates a well-employed resident base. With only 39% separate houses, Watsons Bay has a significant apartment and unit market — typical of inner-city investment corridors.
With robust local demand and income levels, Watsons Bay is a natural candidate for patient investors.
Watsons Bay's rental market favours investors seeking yield — occupancy rates are typically strong in this area.
Limited buyer depth in Watsons Bay makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Watsons Bay property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Watsons Bay is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenants in Watsons Bay have options — presenting well-maintained properties is key to minimising vacancy. Confidence in Watsons Bay's medium-term prospects is reflected in sustained buyer interest.
Watsons Bay is a middle ring area in New South Wales with a population of 883. The median rent is $674/week and the median household income is $152,048/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Watsons Bay include established amenities and transport access. 39% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Watsons Bay has a population of approximately 883. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Watsons Bay is approximately 7 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.