The rental market in Watsons Bay (2030) reflects both the suburb's desirability to tenants and the supply of investment properties in the area. Median weekly rent, gross rental yield, and vacancy rate are the three headline signals shown on this page. Data is sourced from NSW Government property records and updated regularly. Watsons Bay is part of the Woollahra local government area.
Can I afford Watsons Bay?
Rental market in Watsons Bay
Median weekly rent from lodged bonds. Sep 2025. Based on 52 new bond lodgements this quarter.
Rents here are at the higher end for Sydney. Higher holding costs for investors; higher savings pressure for renters.
Median weekly rent · Unit · 2 bed
$900per week
Sep 2025 · 52 bonds lodged
Quarterly trend · last 12 quarters
Nearby suburbs · same combination
Rose Bay2029
$900
2.1 km away
Bellevue Hill2023
$930▲$30
3.0 km away
Edgecliff2027
$1,100▲$200
3.4 km away
Bondi2026
$1,000▲$100
3.6 km away
NSW DCJ Rental Bond Board↗ · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.
Rental yield in Sydney's established suburbs tends to run below the broader market because capital growth expectations are already priced into sale prices. If Watsons Bay shows a gross yield meaningfully above 4%, it is worth checking whether that reflects genuine demand or a subdued sale price (which can itself be a signal of weaker capital growth prospects). Strong yield and strong capital growth in the same suburb is uncommon but does occur in transition areas.
