Demographics of Double Bay (2028) are drawn from the most recent ABS Census of Population and Housing. The data covers the statistical area most closely aligned with the Double Bay suburb boundary and includes population, median age, household composition, housing tenure, and ancestry. Double Bay is part of the Woollahra local government area, and its demographic profile reflects both the historic settlement patterns of the area and recent population change.
Median household income is a key signal for property investors considering Double Bay. Higher-income areas can sustain higher rents, but they also carry higher entry prices. The yield arithmetic does not always favour premium suburbs. The income distribution also matters: a suburb with a wide spread between low and high earners is undergoing gentrification and may offer stronger capital growth prospects than one with a more homogeneous income profile.
Demographics in nearby suburbs
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