Watsons Bay is a small community in New South Wales within the Woollahra local government area (postcode 2030). With a population of 883, the suburb has an established demographic with a median age of 40. Households earn a median income of $152K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Watsons Bay is $12 million, having surged 87.7% over the past year. Units have a median price of $2.8 million (+238.7% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $3,384.
Public transport access includes 2 bus stops. The crime rate in the Woollahra LGA is low at 1,923 incidents per 100,000 population.
From an investment perspective, Watsons Bay offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($11.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 77.8x is considered stretched. House prices have moved +87.7% year-on-year.
Watsons Bay is a small community in New South Wales within the Woollahra local government area (postcode 2030). With a population of 883, the suburb has an established demographic with a median age of 40. Households earn a median income of $152K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Watsons Bay is $12 million, having surged 87.7% over the past year. Units have a median price of $2.8 million (+238.7% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $3,384.
Public transport access includes 2 bus stops. The crime rate in the Woollahra LGA is low at 1,923 incidents per 100,000 population.
From an investment perspective, Watsons Bay offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($11.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 77.8x is considered stretched. House prices have moved +87.7% year-on-year.