Double Bay vs Watsons Bay — which Sydney suburb suits you?
The key differences: Double Bay commands a $2.00M premium on median property price over Watsons Bay; Watsons Bay is $150/wk cheaper per week to rent; Watsons Bay has more schools within the postcode. The table below covers all available metrics.
Last refreshed April 2026 (most cards). Per-card sources show exact dates.
Woollahra
Double Bay
2028
Woollahra
Watsons Bay
2030
MetricDouble BayWatsons Bay
Median house price$7.60M▲$5.60M
Median unit price$2.13M—
Median weekly rent$1100/wk▲$950/wk
Annual price growth+23.1%▲-30.6%
SEIFA advantage decile10/1010/10
Flood zone coverage——
Bushfire zone coverage0.0%0.0%
Schools in postcode12▲
Choose Double Bay if...
Double Bay leads on 3 of the 4 head-to-head metrics
Choose Watsons Bay if...
You want a lower entry price for a house
You are renting first and want lower weekly outgoings
School options within walking distance matter
Common questions
Is Double Bay or Watsons Bay more expensive?
Double Bay has the higher median house price ($7.60M) compared with $5.60M in Watsons Bay.
Which is better for renters — Double Bay or Watsons Bay?
Median weekly rent is $1100/wk in Double Bay and $950/wk in Watsons Bay, making Watsons Bay the more affordable rental market.
Is Double Bay or Watsons Bay at higher flood risk?
Flood mapping coverage varies by postcode — see the flood risk pages for both suburbs for authoritative NSW data.
How many schools are in Double Bay vs Watsons Bay?
Double Bay has 1 school in the postcode, and Watsons Bay has 2. Note that school catchments can extend across postcode boundaries.