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Sales Activity
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Population
Double Bay - Darling Point is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends
As of Aug 2025, Double Bay - Darling Point's population is approximately 10,268, showing an increase of 310 people since the 2021 Census. This reflects a growth rate of 3.1%, with the population in June 2024 estimated at 10,248 by ABS and including 42 validated new addresses since the Census date. The population density is around 6,582 persons per square kilometer, placing it within the top 10% of national locations assessed by AreaSearch. This growth rate is competitive with the SA3 area's 4.9%, demonstrating strong fundamentals. Overseas migration contributed approximately 86.4% to recent population gains in the area. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.
For areas not covered by this data, NSW State Government's SA2 level projections are used, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. By 2041, Double Bay - Darling Point's population is expected to increase by approximately 726 persons, representing a growth rate of around 6.9% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development drivers sees a low level of activity in Double Bay - Darling Point, placing the area among the bottom 25% of areas assessed nationally
Double Bay - Darling Point has received approximately 30 residential property approvals annually. Development approval data, sourced from the ABS on a financial year basis, totals 153 approvals between FY20 and FY25, with no recorded approvals in FY26 to date. The population decline in recent years suggests that new supply has likely kept pace with demand, providing good buying options for residents. The average construction cost value of new homes is $2,232,000, indicating a focus on the premium market segment by developers.
In terms of commercial development, $14.9 million in approvals have been registered this financial year, suggesting balanced activity. Compared to Greater Sydney, Double Bay - Darling Point records roughly three-quarters the building activity per person and falls within the 30th percentile nationally, resulting in relatively limited buyer choice and interest in existing dwellings. This is reflective of the area's maturity and potential planning constraints. New building activity comprises 12.0% standalone homes and 88.0% townhouses or apartments, promoting higher-density living that caters to downsizers, investors, and first-home buyers. With approximately 577 people per approval, Double Bay - Darling Point is considered a mature, established area.
Population forecasts predict an increase of 706 residents by 2041. Given current development patterns, new housing supply should meet demand readily, offering favorable conditions for buyers and potentially facilitating population growth beyond projections.
Frequently Asked Questions - Development
Infrastructure
Double Bay - Darling Point has strong levels of nearby infrastructure activity, ranking in the top 30% nationally
Infrastructure changes significantly influence an area's performance. AreaSearch has identified 58 projects that could impact the area. Notable projects include Ode Double Bay at 252-254 New South Head Road in Double Bay, the Eastern Suburbs Railway Line, and the Double Bay Centre Planning & Urban Design Strategy. The following list details those most likely to be relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
Eastern Suburbs Railway Line
Historic underground railway line connecting Martin Place, Kings Cross, Edgecliff and Bondi Junction. This critical transport infrastructure serves the Eastern Suburbs and provides essential connectivity to the CBD.
Woollahra Station Completion and Rezoning
The NSW Government will complete Woollahra Station, Sydney's first new heavy rail station in over a decade, between Edgecliff and Bondi Junction on the Eastern Suburbs Line. The project includes state-led rezoning within 800m of Woollahra Station and 400m of Edgecliff Station to enable up to 10,000 new homes. Construction is expected to begin in 2027 with station completion by 2029. The rezoning process will take approximately two years and will include affordable housing requirements. The station will provide an 8-minute direct trip to Sydney CBD and leverage the Eastern Suburbs Line's current 43% capacity utilization during peak periods.
Hakoah White City Redevelopment
Redevelopment of the former White City Tennis Club into a community sports and culture hub open to all, featuring 9 tennis courts, a full size football field with grandstand, 25m heated pool plus learn to swim pool, multi use courts, gym and fitness studios, food and beverage, meeting spaces and parking for about 270 cars. Construction paused in 2024 during a builder transition and is now targeting first half 2026 opening, with recent design refinements and security upgrades.
The Centennial Collection
A curated collection of 73 luxury apartments across two 10-level towers by Stargate Property, featuring panoramic harbour, city skyline and parkside views. Designed by SJB Architects with premium finishes including rooftop pools, concierge services, and wine cellars. Located opposite Centennial Park.
Ode Double Bay
An iconic mixed-use development by award-winning developer Top Spring Australia designed by celebrated architect Luigi Rosselli with interiors by Atelier Alwill. Features 15 boutique three and four-bedroom apartments and penthouses across six levels with expansive internal floor areas between 219-311 sqm. Offers magnificent harbour views, dedicated concierge services, retail and dining downstairs, and ultra-customizable luxury finishes including three stone and two joinery options for kitchens, with timber or travertine flooring options. Construction commenced with sales exceeding $100 million, setting new pricing records for Double Bay.
Edgecliff Centre Redevelopment
Mixed-use renewal of the existing Edgecliff Centre above Edgecliff Station, seeking LEP amendments to increase height and FSR to enable a new podium with retail, medical/wellbeing and office uses plus a residential tower of roughly 232-268 dwellings (assume ~250) and publicly accessible open space. The rezoning review has reached the 'Decision' stage with a Pre-Gateway Record of Decision (24 Jun 2025), and a parallel State Significant Development (SSD-89919464) is at Prepare EIS, indicating assessment is ongoing. Proposal includes 3% affordable housing and upgrades to the transport interchange and public realm.
8-10 New McLean Street, Edgecliff (PP-2023-1648)
Planning proposal to amend Woollahra LEP 2014 for 8-10 New McLean St to allow increased height and FSR enabling a high-rise residential building near Edgecliff Station. Latest gateway approval granted 7 April 2025 with public exhibition held 26 May-1 July 2025; Council previously resolved to refuse the proposal on 11 March 2024. Current package indicates around 256 dwellings and basement parking.
Double Bay Centre Planning & Urban Design Strategy
Comprehensive planning strategy for Double Bay commercial centre endorsed by Woollahra Council in November 2023. Strategy guides future development, urban design and public domain improvements to maintain village character while enabling appropriate growth.
Employment
Double Bay - Darling Point ranks among the top 25% of areas assessed nationally for overall employment performance
Double Bay - Darling Point has a highly educated workforce with significant representation in the technology sector. Its unemployment rate was 2.3% as of June 2025, lower than Greater Sydney's rate of 4.2%.
Employment growth over the past year was estimated at 2.8%. As of June 2025, 6,664 residents were employed with a workforce participation rate of 63.6%, compared to Greater Sydney's 60.0%. Key industries for employment among residents are professional & technical (at 2.0 times the regional average), finance & insurance, and health care & social assistance. Construction is under-represented, with only 4.0% of the workforce compared to Greater Sydney's 8.6%.
The worker-to-resident ratio was 0.6 at the Census, indicating above-average local employment opportunities. Between June 2024 and June 2025, employment increased by 2.8%, labour force grew by 2.4%, and unemployment fell by 0.3 percentage points. In contrast, Greater Sydney had employment growth of 2.6% and labour force growth of 2.9%, with a 0.3 percentage point rise in unemployment. State-level data to Sep-25 shows NSW employment contracted by 0.41% (losing 19,270 jobs), with an unemployment rate of 4.3%. National employment forecasts from Jobs and Skills Australia project growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Double Bay - Darling Point's employment mix suggests local growth of approximately 7.7% over five years and 15.1% over ten years, though this is a simple extrapolation for illustrative purposes and does not consider localised population projections.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis
AreaSearch's latest postcode level ATO data for financial year 2022 shows Double Bay - Darling Point had a median income among taxpayers of $87,920 and an average of $299,259. Nationally, this places the area in the top percentile. Comparing it to Greater Sydney's median of $56,994 and average of $80,856 further highlights its affluence. By March 2025, adjusted for Wage Price Index growth of 10.6%, current estimates would be approximately $97,240 (median) and $330,980 (average). Census data reveals household, family and personal incomes all rank highly in Double Bay - Darling Point, between the 96th and 99th percentiles nationally. The earnings profile shows that 38.2% of individuals earn over $4,000 per week, diverging from surrounding regions where the $1,500 - $2,999 category predominates at 30.9%. This affluence supports premium retail and service offerings in the area. High housing costs consume 15.7% of income, but strong earnings still place disposable income at the 96th percentile nationally. The area's SEIFA income ranking places it in the 10th decile.
Frequently Asked Questions - Income
Housing
Double Bay - Darling Point features a more urban dwelling mix with significant apartment living, with above-average rates of outright home ownership
In Double Bay - Darling Point, as per the latest Census, 8.1% of dwellings were houses while 92.0% were other types such as semi-detached homes, apartments and 'other' dwellings. This contrasts with Sydney metropolitan area's 18.3% houses and 81.8% other dwellings. Home ownership in Double Bay - Darling Point stood at 36.6%, with mortgaged dwellings at 18.6% and rented ones at 44.8%. The median monthly mortgage repayment was $3,200, below Sydney metro's average of $3,600. Median weekly rent in the area was $720 compared to Sydney metro's $670. Nationally, Double Bay - Darling Point's mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Double Bay - Darling Point features high concentrations of lone person households and group households, with a lower-than-average median household size
Family households constitute 54.6% of all households, including 15.9% couples with children, 31.1% couples without children, and 6.5% single parent families. Non-family households account for the remaining 45.4%, with lone person households at 38.5% and group households comprising 6.9%. The median household size is 2.0 people, which is smaller than the Greater Sydney average of 2.3.
Frequently Asked Questions - Households
Local Schools & Education
Double Bay - Darling Point shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
In Double Bay - Darling Point, educational attainment is notably higher than national averages. Among residents aged 15 and above, 62.5% have university qualifications, compared to 30.4% nationally and 32.2% in NSW. Bachelor degrees are the most prevalent (41.3%), followed by postgraduate qualifications (17.7%) and graduate diplomas (3.5%). Vocational pathways account for 16.7%, with advanced diplomas at 9.5% and certificates at 7.2%.
Notably, 22.7% of the population is actively pursuing formal education, including 7.2% in tertiary education, 5.9% in primary education, and 5.0% in secondary education. Educational institutions include Double Bay Public School and Ascham School, serving a total of 1,406 students. The area's schools demonstrate high performance (ICSEA: 1172), placing them among the most advantaged nationally. The educational mix consists of one primary school and one K-12 school.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The analysis shows that there are 43 active public transport stops in Double Bay - Darling Point. These include ferry, train, and bus stops. There are 21 different routes servicing these stops, which together provide 6925 weekly passenger trips.
The accessibility of transport is rated as excellent, with residents typically located 117 meters from the nearest stop. On average, there are 989 trips per day across all routes, equating to around 161 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Double Bay - Darling Point's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Health outcomes data shows excellent results across Double Bay - Darling Point, with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 96% of the total population of 9,826 people, compared to 89.7% across Greater Sydney and a national average of 55.3%. The most common medical conditions in the area are arthritis and asthma, affecting 6.8 and 6.1% of residents respectively, while 73.2% of residents declare themselves completely clear of medical ailments, compared to 77.6% across Greater Sydney.
The area has 25.9% of residents aged 65 and over, totaling 2,662 people, which is higher than the 16.4% in Greater Sydney. Health outcomes among seniors are particularly strong, performing even better than the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Double Bay - Darling Point was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Double Bay-Darling Point has a higher cultural diversity than most local areas, with 16.3% of residents speaking a language other than English at home and 37.3% born overseas. Christianity is the predominant religion in Double Bay-Darling Point, with 44.3% of people identifying as Christian. However, Judaism is significantly overrepresented, comprising 11.2% of the population compared to 16.0% across Greater Sydney.
The top three ancestral groups are English (25.3%), Australian (17.5%), and Other (12.0%). Some ethnic groups show notable differences: Hungarian at 1.5% (vs regional 1.2%), Polish at 2.0% (vs 1.9%), and French at 1.2% (vs 1.5%).
Frequently Asked Questions - Diversity
Age
Double Bay - Darling Point hosts an older demographic, ranking in the top quartile nationwide
The median age in Double Bay - Darling Point is 42 years, which is significantly higher than Greater Sydney's average of 37 years and Australia's average of 38 years. The 75-84 age group makes up 10.7% of the population, compared to Greater Sydney, while the 5-14 cohort comprises 7.1%. Post-2021 Census data shows that the 75 to 84 age group has grown from 9.6% to 10.7%, and the 55 to 64 cohort has declined from 11.1% to 10.2%. Population forecasts for 2041 indicate substantial demographic changes, with the 85+ group expected to grow by 82% (382 people), reaching 849 from 466. The combined 65+ age groups are projected to account for 56% of total population growth, reflecting the area's aging demographic profile. Conversely, the 0 to 4 and 35 to 44 cohorts are expected to experience population declines.