Double Bay

Upscale in both nature and orientation, just three kilometres from the CBD — Double Bay is Sydney’s answer to European lifestyle this side of the equator. Designer boutiques, chic restaurants, wine bars and a harbour-side pontoon-wrapped beach worthy of shores along the south of France, this suburb features the best of the best at every touchpoint.

We know that Double Bay is popular with ambitious professionals akin to the finer things in life(and equipped to afford it, too) —with median property prices in the area at $6,050,000 for houses and $1,500,000 for units. These investments, however, do not go unrewarded with Double Bay seeing a compound growth rate of 14.1% for houses and 4.1% for units over the last five years alone. A suburb renowned for its coveted Art Deco beach-side apartments, these units deliver a rental yield of 2.4%, with a 1.3% return on houses in the area.

Elegant and fashionable, Double Bay has that ‘je n’est ce quoi’ quality that sets it apart from affluent neighbouring suburbs. Home to more than Sydney’s elite residents, but resident chefs also, this suburb has secured some of the city’s most recognised names in the fine dining scene including Orazio D’Elia, Eddie Levy, Adam Abrams and ex-Guillaume head chef Jose Silva. Add the areas evolving nightlife to the mix and Double Bay is securing itself as a suburb known for duality in more than name alone. With a natural charm by day and a luxurious appeal by night, this suburb is enviable from any angle, any time of day. 

If you are interested in buying property in Double Bay, contact our Sydney buyers agency today for a free discovery call.