Elizabeth Bay is a smaller suburb in New South Wales within the Sydney local government area (postcode 2011). With a population of 4,878, the suburb has an established demographic with a median age of 43. Households earn a median income of $110K per year, with an average household size of 1.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Elizabeth Bay is $4.1 million, having dropped significantly 43.4% over the past year. Units have a median price of $890,000 (-7% YoY). The current median weekly rent is $792. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $2,582.
Public transport access includes 6 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Elizabeth Bay offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 37.3x is considered stretched. House prices have moved -43.4% year-on-year.
Elizabeth Bay is a smaller suburb in New South Wales within the Sydney local government area (postcode 2011). With a population of 4,878, the suburb has an established demographic with a median age of 43. Households earn a median income of $110K per year, with an average household size of 1.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Elizabeth Bay is $4.1 million, having dropped significantly 43.4% over the past year. Units have a median price of $890,000 (-7% YoY). The current median weekly rent is $792. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $2,582.
Public transport access includes 6 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Elizabeth Bay offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 37.3x is considered stretched. House prices have moved -43.4% year-on-year.