Property value increases in Double Bay have tracked lower than the NSW average of 1.14% over the last 12 months.
Across a shorter period, Double Bay, 2028 has seen a median price increase of 1.59% over the last quarter.
A $1750 per week rent on the median house gives suburb investors a gross yield of circa 2.13%, without taking into account capital value appreciation, which has been averaging out at 7.58%.
If you compare the increase in value of investment property in Double Bay, 2028 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.54%.
Over the longer term, Double Bay has seen property prices show investors a -24.14% return over the last 3 years. This is an improvement over the last 12 months
The NSW suburb of Double Bay, 2028 is in the Woollahra (A) local government area.