Located in New South Wales within the North Sydney local government area, Lavender Bay is a small community (postcode 2060). With a population of 870, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $124K per year, with an average household size of 1.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, 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 healthcare. The top ancestries reported are English, Australian, Irish.
Lavender Bay has a median house price of $5.2 million, which has fallen sharply by 9.6% year-on-year. Units have a median price of $1.3 million (+15.9% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $2,984.
Public transport access includes 3 bus stops. The crime rate in the North Sydney LGA is low at 1,718 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 0.8%, which reads as low yield. Property prices are above the state median ($5.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 42.0x is considered stretched. House prices have moved -9.6% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.