Investment property in Double Bay has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.19%
The five-year average increase in median property values for Double Bay,2028 has given property investors a potential capital gain of 16.67% across each of those five years.
Double Bay, 2028 ranked 213th in NSW when comparing growth in median property values or capital gain over the last 12 months. Double Bay is one of 3163 in our list for NSW
Across a shorter period, Double Bay, 2028 has seen a median price increase of -10.69% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Double Bay, 2028. Typically our figures indicate that -3.03% is being offered, which puts this NSW suburb at 1321th most discounted overall in Australia.
Advertised rents are around the $725 mark per week – giving a return of 2.69% based on the median price in Suburb