Double Bay, Australia Real Estate Market

As of June 2026 in Double Bay, Australia, the market shows a steady balance between supply and demand. With 70 active listings and an average listing price of 1,124,222 AUD, inventory appears to be sufficient to provide options for buyers while still reflecting confident buyer interest. Price points are relatively stable, and days on market suggest that properties are moving at a measured pace rather than at rapid-fire turnover. Overall, there is cautious engagement from buyers and sellers, with pricing reflecting local demand without excessive urgency from either side.



Buyers can expect a moderate level of competition with a reasonable selection of properties at various price points. Negotiations may allow for favorable terms on select listings, especially those that have been on the market longer or are priced to attract attention. Interest rates and financing conditions will influence affordability, but the current inventory supports a prudent approach to bidding and due diligence.



Investors may find a balanced opportunity in Double Bay, with steady rent demand and a steady stream of listings offering potential cap rate opportunities. The balanced market reduces the likelihood of rapid price surges but provides room for value-add strategies, such as property improvements or targeted rental upgrades. A careful analysis of yield versus purchase price and holding costs is recommended to identify the most favorable long-term investments.