Dolans Bay (postcode 2229) is a close-knit residential community in New South Wales within the Sutherland Shire local government area. With a population of 699, the suburb has an established demographic with a median age of 41. Households earn a median income of $184K per year, with an average household size of 3.2 people. 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 healthcare and construction. The top ancestries reported are English, Australian, Irish.
Dolans Bay has a median house price of $2.7 million, which has grown strongly by 7.4% year-on-year. Units have a median price of $3.1 million (-7.8% YoY). The current median weekly rent is $865. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $4,000.
Public transport access includes 5 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,776 incidents per 100,000 population.
From an investment perspective, Dolans Bay shows a gross rental yield of approximately 1.7%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +7.4% year-on-year.