Double Bay - Darling Point

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

Based on AreaSearch's analysis, Double Bay - Darling Point's population is around 10,268 as of Nov 2025. This reflects an increase of 310 people since the 2021 Census, which reported a population of 9,958 people. The change was inferred from the estimated resident population of 10,248 from the ABS as of June 2024 and an additional 42 validated new addresses since the Census date. This level of population equates to a density ratio of 6,582 persons per square kilometer, placing Double Bay - Darling Point in the top 10% of national locations assessed by AreaSearch. The area's 3.1% growth since census is within 2.4 percentage points of the SA3 area (5.5%), demonstrating competitive growth fundamentals. Population growth was primarily driven by overseas migration, contributing approximately 86.4% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections, released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on demographic trends and latest annual ERP population numbers, Double Bay - Darling Point is expected to grow by 726 persons to 2041, reflecting an increase of 6.9% in total over the 17 years.

The level of residential development activity in Double Bay - Darling Point is very low in comparison to the average area assessed nationally by AreaSearch

Double Bay - Darling Point has recorded approximately 21 residential properties granted approval annually over the past five financial years, totalling 107 homes. As of FY-26, three approvals have been recorded. The population has declined in recent years, suggesting that new supply is keeping pace with demand and offering good choice to buyers. New homes are being built at an average expected construction cost value of $2,232,000, indicating a focus on the premium market segment with higher-end properties.

This financial year, $14.9 million in commercial approvals have been registered, demonstrating moderate levels of commercial development. Compared to Greater Sydney, Double Bay - Darling Point records about three-quarters the building activity per person and ranks among the 29th percentile nationally, resulting in relatively constrained buyer choice and supporting interest in existing dwellings. This is reflective of the area's maturity and possible planning constraints. New building activity shows 12.0% standalone homes and 88.0% townhouses or apartments, focusing on higher-density living which creates more affordable entry points for downsizers, investors, and first-home buyers. With around 577 people per approval, Double Bay - Darling Point is a mature, established area.

According to the latest AreaSearch quarterly estimate, the population is forecasted to gain 706 residents by 2041. Building activity appears to be keeping pace with growth projections, though buyers may experience heightened competition as the population grows.

Double Bay - Darling Point has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

The performance of an area can significantly influenced by changes to local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 62 such projects that are expected to impact the area. Notable projects include the Eastern Suburbs Railway Line, Double Bay Centre Planning & Urban Design Strategy, InterContinental Double Bay $1 Billion Mixed-Use Redevelopment, and One Darling Point. The following list details those projects likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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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 notable representation in the technology sector. Its unemployment rate is 2.3%, lower than Greater Sydney's 4.2%.

Employment growth over the past year was estimated at 2.8%. As of June 2025, 6,664 residents are employed, with an unemployment rate of 1.9% below Greater Sydney's rate. Workforce participation is 63.6%, slightly higher than Greater Sydney's 60.0%. Key industries include professional & technical (2.0 times the regional average), finance & insurance, and health care & social assistance.

Construction is under-represented at 4.0% compared to Greater Sydney's 8.6%. The worker-to-resident ratio is 0.6, indicating a level of local employment opportunities above the norm. Over the year to June 2025, employment increased by 2.8%, labour force by 2.4%, and unemployment fell by 0.3 percentage points. In contrast, Greater Sydney experienced employment growth of 2.6% and a 0.3 percentage point rise in unemployment. State-level data from Nov-25 shows NSW employment contracted by 0.03% (losing 2,260 jobs), with an unemployment rate of 3.9%, favourable compared to the national rate of 4.3%. National employment forecasts from May-25 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 employment should increase by 7.7% over five years and 15.1% over ten years, though this is a simple extrapolation for illustrative purposes only.

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 SA2 had a median income among taxpayers of $87,920 and an average of $299,259. This places it in the top percentile nationally, compared to Greater Sydney's median of $56,994 and average of $80,856. Based on Wage Price Index growth of 12.61% since financial year 2022, estimates for September 2025 would be approximately $99,007 (median) and $336,996 (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 $4000 per week, contrasting with surrounding regions where those earning $1500-$2999 predominate at 30.9%. The district's affluence is evident with 49.3% earning over $3000 per week, supporting premium retail and service offerings. High housing costs consume 15.7% of income, yet strong earnings place disposable income at the 95th percentile nationally. The area's SEIFA income ranking places it in the 10th decile.

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% were houses while 92.0% consisted of other dwellings such as semi-detached homes, apartments, and 'other' dwellings. This contrasts with Sydney metropolitan areas which had 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, lower than the Sydney metro average of $3,600. The median weekly rent was $720, compared to Sydney'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.

Double Bay - Darling Point features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households account for 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 constitute 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.

Double Bay - Darling Point shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Double Bay-Darling Point is notably higher than national and state averages. As of the latest data, 62.5% of residents aged 15 years and above possess university qualifications, compared to 30.4% nationally and 32.2% in NSW. This area's educational advantage is reflected in its Bachelor degree holders (41.3%), 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.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Public transport analysis shows 43 active transport stops operating within Double Bay - Darling Point. These include a mix of ferry, train, and bus services. The stops are serviced by 21 individual routes, collectively providing 6,925 weekly passenger trips.

Transport accessibility is rated excellent, with residents typically located 117 meters from the nearest transport stop. Service frequency averages 989 trips per day across all routes, equating to approximately 161 weekly trips per individual stop.

Double Bay - Darling Point's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics shows strong performance throughout 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 (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, impacting 6.8 and 6.1% of residents respectively, while 73.2% 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 (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.

The level of cultural diversity witnessed in Double Bay - Darling Point was found to be above average when compared nationally for a number of language and cultural background related metrics

Double Bay-Darling Point, surveyed in June 2016, had a higher linguistic diversity than most local areas, with 16.3% of residents speaking a language other than English at home. Born overseas, 37.3% of its population was not Australian-born. Christianity dominated the religious landscape, accounting for 44.3%.

However, Judaism was notably overrepresented, comprising 11.2%, compared to Greater Sydney's 16.0%. In terms of ancestry, English (25.3%), Australian (17.5%), and Other (12.0%) were the top three groups. Some ethnicities showed notable differences: Polish residents made up 2.0% vs regional 1.9%, Hungarians 1.5% vs 1.2%, and French 1.2% vs 1.5%.

Double Bay - Darling Point's median age exceeds the national pattern

The median age in Double Bay - Darling Point is 42 years, significantly higher than Greater Sydney's average of 37 years and Australia's national average of 38 years. The 75-84 age group comprises 10.7% of the population, compared to Greater Sydney, while the 5-14 age group makes up 7.1%. According to post-2021 Census data, the 75-84 age group has increased from 9.6% to 10.7%, and the 55-64 age group has decreased from 11.1% to 10.2%. By 2041, population forecasts indicate substantial demographic changes in Double Bay - Darling Point. The 85+ age group is expected to grow by 82%, reaching 849 people from the current 466. Notably, combined age groups of 65 and above will account for 56% of total population growth, reflecting the area's aging demographic profile. In contrast, the 0-4 and 35-44 age cohorts are projected to experience population declines.