Located in New South Wales within the Woollahra local government area, Darling Point is a smaller residential area (postcode 2027). It is home to about 3,977 residents, with a mature demographic and a median age of 49. Households earn a median income of $167K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and finance & insurance. The top ancestries reported are English, Australian, Irish.
The median house price in Darling Point is $13 million, having moved lower by 7.5% over the past year. Units have a median price of $2.3 million (-12.5% YoY). The current median weekly rent is $1422. This gives a gross rental yield of approximately 0.6%. 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 1,941 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 0.6% (low yield). Property prices are above the state median ($13.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 77.7x is considered stretched. House prices have moved -7.5% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.