SUBURB PROFILE
Tamarama
Location
21 minutes from the CBD
PROPERTY
Freestanding homes
APPEAL
Coastal Living
Tamarama Buyers Agents
A sight to see (and to be seen), Tamarama is nestled neatly between the headlands of Sydney’s most esteemed eastern suburbs. Just six kilometres from the CBD, this area is considered a private reserve for residents; with not only a local, but a VIP status prerequisite for this exclusive coastal strip.
As a sydney-based buyer’s agency, we know that Tamarama is positioned between two of Sydney’s most popular beaches —Bondi and Coogee—and while its name may live in their shadow, its prices certainly do not. Median property prices in the area are $9,300,000 for houses and $1,932,500 for units, delivering an annual rental yield of 1.1% and 2.4% respectively. With a market as hot as its well-groomed residents, Tamarama has seen a compound growth rate of 21.2% for houses and 6.1% for units in the last five years alone.
The iconic coastal walk turns catwalk along the Tamarama shores, with influencers, gym junkies and well-off locals featuring workout gear as curated as the bodies and reputations that wear them. Here, prime real estate goes beyond the waterside properties, with the mystique of fleeting sand dumps on Mackenzies Bay making it Sydney’s most exclusive (and illusive) local beach. Once a year, the city turns to Tamarama for the much-loved Sculptures by the Sea exhibition, which features over 100 artists of local and international acclaim. With the best of Sydney’s shopping, dining, drinking and diving on your doorstep, Tamarama truly is a hidden gem in location and lifestyle alike.
If you are interested in buying property in Tamarama, contact our Sydney buyers agents today for a free discovery call.