Double Bay leads Sydney's expensive apartments list: Investar

Double Bay leads Sydney's expensive apartments list: Investar
Staff reporterApril 26, 2017

Double Bay is the most expensive locality in Sydney to purchase an apartment, according to Investar’s latest report.

The property investment firm says that the median price of a unit in Double Bay is $2.8 million, putting it at the top of the most actively traded suburbs.

This is followed by Milsons Point with $2.5 million and Haymarket with $2.125 million.

Suburb

Postcode

Bedrooms

Current median price

Double Bay

2028

3

$2,800,000

Milsons Point

2061

3

$2,500,000

Haymarket

2000

3

$2,125,000

Bondi Junction

2022

3

$1,924,000

Chatswood

2067

3

$1,880,000

A three bedroom at 4/6 Carlotta Road, Double Bay (above) was sold on February this year for $2.7 million.

Similarly a three bedroom unit at 2/35 William Street, Double Bay (below) was sold February last year for $2.675 million.

Editor's Picks

Exclusive: ICD Property secures riverfront West End site for Brisbane's latest multi-tower precinct
Why families are flocking to townhouses in Bradmill Yarraville
Time & Place greenlit for new $500m apartment development overlooking Melbourne’s Botanic Gardens
Mosaic set sights on Palm Beach, Burleigh Heads, Broadbeach, for new $570m apartment pipeline
Woolworths unveils long-awaited Waterloo precinct with shop-top housing