08.09.2017 Suburb Spotlight

Spotlight On Double Bay: The Classic Harbourside Village

Spotlight On Double Bay: The Classic Harbourside Village

Double Bay, long known as Sydney’s “Little Europe”, has always been a leader when it comes to style and class.

The village atmosphere, established, leafy streets and harbourside location, are an unbeatable combination.

Population snapshot: Who lives in Double Bay?

Young people are increasingly moving to Double Bay, making this a highly sought after suburb. This is reflected in the resurgence of the area as more popular dining and bar options open, attracting not only locals but those from outside the area too. And there’s still old favourite pubs like The Sheaf and The Royal Oak to keep everyone entertained.

Families enjoy Double Bay for its proximity to excellent schools and the city. Also, the more relaxed atmosphere here, by the water, makes it an ideal place on weekends where there is so much to do right on the doorstep.

For empty-nesters, the area offers a complete lifestyle but also easy access to the city. The suburb has an established and genteel air that has always been attractive to those looking to downsize and enjoy the area in which they live.

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The former Ritz-Carlton is now the Intercontinental Sydney Double Bay and brings lots of visitors.

Sales price snapshot: Property prices rising

According to RP Data, the median house price in February 2017 was $3.5 million, up from $3.25 million in August 2016. This is a strong growth of 7.7 percent in just six months. Units are steadier at around the $1.4 million mark.

The benefits: Five key reasons Double Bay is so desirable

  1. Mix of housing options: Art Deco apartment blocks attract many young professionals to the area. There are also established homes which families seek out. The mix of apartments, town houses, terraces, and Victorian era homes make this an attractive suburb for property buyers, whether to live or invest.
  2. Accessibility: Whether you drive, bus or ferry into the city, Double Bay has you covered. There is a ferry wharf near Steyne Park making Circular Quay only 12 minutes away. The shopping hubs and train stations at Bondi Junction or Edgecliff are also very close.
  3. Harbourside village: Alfresco dining and small independent designers, alongside high-end boutiques, make this a unique and charming place. It is not all about the shopping and food, there is also the stunning Murray Rose Harbour Pool and parks alongside the harbour, that make this a place to relax and unwind.
  4. Fashion and food: Double Bay has always had the edge when it comes to fashion. The shopping precinct at Knox, Cross and Bay Streets is renowned for high-end boutiques and quirky, interesting designers. New popular eating venues and bars are here—the revitalised Royal Oak, Pelicano, Mrs Sippy and Casablanca.
  5. Sought-after schools: Some of the most popular and highly regarded schools are close by, such as Ascham School, in neighbouring Edgecliff, and Cranbrook and Scots, further along New South Head Road towards Rose Bay. The local Double Bay primary school is also popular.

So if Double Bay is on your watch list, don’t hesitate to get in touch with our team today.