Darling Point is a smaller suburb in New South Wales within the Woollahra local government area (postcode 2027). With a population of 3,977, the suburb has a mature demographic with a median age of 49. Households earn a median income of $167K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Darling Point is $4.7 million, having dropped significantly 42.1% over the past year. Units have a median price of $1.2 million (-55.7% YoY). The current median weekly rent is $1295. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $3,900.
Public transport access includes 13 bus stops. The crime rate in the Woollahra LGA is low at 1,923 incidents per 100,000 population.
From an investment perspective, Darling Point offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($4.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.0x is considered stretched. House prices have moved -42.1% year-on-year.
Darling Point is a smaller suburb in New South Wales within the Woollahra local government area (postcode 2027). With a population of 3,977, the suburb has a mature demographic with a median age of 49. Households earn a median income of $167K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Darling Point is $4.7 million, having dropped significantly 42.1% over the past year. Units have a median price of $1.2 million (-55.7% YoY). The current median weekly rent is $1295. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $3,900.
Public transport access includes 13 bus stops. The crime rate in the Woollahra LGA is low at 1,923 incidents per 100,000 population.
From an investment perspective, Darling Point offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($4.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.0x is considered stretched. House prices have moved -42.1% year-on-year.