Market commentary · Double Bay 2026

Double Bay in 2026. The village that peaked in May.

Fifty-nine sales to the end of September. Ten houses, forty-nine apartments. $241 million, and the year’s highest price paid for an apartment.

By Alan Weiss · Weiss Real Estate · Licence 218396 · Updated October 2026

Double Bay: the village shopfronts, palms in the park, apartments behind, and the wharf and yachts on the harbour.

59

Sales, Feb–Sep 2026

10 / 49

Houses / units

$241.2m

Total value traded

$2.20m

Unit median

$20m

Top sale, an apartment

A market read plainly.

Double Bay is the village of the Eastern Suburbs: boutiques and cafés around Cross Street and Knox Street, Steyne Park and the beach on the harbour, and the wharf beyond. Apartments line New South Head Road and the streets around the village. Houses are fewer, and they sit on the quieter streets running up the hill.

The 2026 record runs from 10 February to 30 September. 59 sales: 49 apartments and 10 houses, worth $241.2 million. Apartments carried $152.7 million of that, 63 per cent. The unit median is $2.20 million. The house median reads $8.06 million, but it rests on ten sales, so this page treats it as a guide rather than a market figure.

Volume, month by month.

No sales were recorded in January. The market built through autumn, and May was the busiest month: 16 sales, five of them houses. Half the year’s houses sold in that one month. From July the pace thinned to two to five sales a month.

HousesUnits

Recorded sales by month of sale. Hover or tab to a month for the split.

Every sale, plotted.

Each dot is one sale. The highest price of the year was not paid for a house. 5/9 Gladswood Gardens sold for $20 million in March, ahead of every house in the suburb. 501/34 Cross Street followed at $14.25 million in May. The top house, 55 Carlotta Road, sold for $17.25 million the same month.

HouseUnitHouse median $8.06mUnit median $2.20m

$0$5m$10m$15m$20m JanFebMarAprMayJunJulAugSep

Sale price against date of sale, 2026. Dashed lines mark the medians. Tap or hover a dot for the address.

Where the money traded.

Most of the apartment market sits between $1 million and $3 million: 38 of the 49 apartment sales. Above that, the market thins quickly but reaches very high. Three apartments sold for $8 million or more, two of them above $12 million. Houses start at $3.67 million, and five of the ten sold for $8.5 million or more.

HousesUnits

Quarter by quarter.

The second quarter carried the year: 35 sales and $149.9 million, 62 per cent of everything traded, with seven of the ten house sales. The first quarter, which began in February, traded 13 sales for $64.9 million, including the $20 million Gladswood Gardens result. The third has been quiet: 11 sales for $26.4 million.

Jan–Mar

13

sales · $64.9m traded

Houses
2 · median $9.48m
Units
11 · median $2.60m

Apr–Jun

35

sales · $149.9m traded

Houses
7 · median $8.50m
Units
28 · median $2.16m

Jul–Sep to 30 Sep

11

sales · $26.4m traded

Houses
1 · median $4.40m
Units
10 · median $2.11m

The top of the market.

Behind 55 Carlotta Road, three houses sold between $10.8 million and $11.35 million in the space of two months: 79 Ocean Avenue, 32 Manning Road and 61 Cross Street. Epping Road recorded three house sales between $6.9 million and $7.61 million. On the apartment side, 34 Cross Street produced two of the top five.

Highest house

$17,250,000

55 Carlotta Road

House · One Storey / Lowset · 7 May 2026

Second house

$11,350,000

79 Ocean Avenue

House · 21 March 2026

Third house

$11,000,000

32 Manning Road

House · 6 May 2026

Highest unit

$20,000,000

5/9 Gladswood Gardens

Unit · 16 March 2026

Second unit

$14,250,000

501/34 Cross Street

Unit · 30 May 2026

Third unit

$9,250,000

7/515 New South Head Road

Unit · Standard · 14 April 2026

The streets that traded.

Sales came from 18 streets. New South Head Road led on volume and value: 19 apartment sales worth $49.4 million, at a median of $2.3 million. Ocean Avenue recorded ten sales worth $32.2 million. Cross Street had only three, but they were worth $31.6 million.

HousesUnits

New South Head Road
19$49.37m
Ocean Avenue
10$32.18m
Manning Road
6$22.31m
Cross Street
3$31.55m
Epping Road
3$21.51m

Streets with three or more recorded sales in 2026, with the total value traded on each.

The 2026 ledger.

Every recorded sale, February to September. Filter by type, search a street, or sort by date or price.

59 sales

Address Type
10 Feb25 Epping RoadHouseHouse$7,610,000
17 Feb4/3 Pinehill AvenueUnitUnit$1,000,000
25 Feb3/2 Gladswood GardensUnitUnit$2,875,000
28 Feb33A/39 Ocean AvenueUnitUnit$3,000,000
3 Mar501/349 New South Head RoadUnitUnit$2,200,000
5 Mar4/3 Manning RoadUnitUnit$3,025,000
6 Mar102/34 Cross StreetUnitUnit$6,500,000
16 Mar5/9 Gladswood GardensUnitUnit$20,000,000
18 MarLot 14/8 Patterson StreetUnitUnit$2,600,000
19 Mar16/264 New South Head RoadUnitUnit$1,820,000
21 Mar79 Ocean AvenueHouseHouse$11,350,000
24 Mar12/38 Manning RoadUnitUnit$1,181,000
27 Mar3/22 Ocean AvenueUnitUnit$1,735,000
10 Apr16/268-274 New South Head RoadUnitUnit$2,300,000
10 Apr3/521 New South Head RoadUnitUnit$2,200,000
10 Apr602/268-274 New South Head RoadUnitUnit$2,300,000
14 Apr7/515 New South Head RoadUnitUnit$9,250,000
15 Apr32/18 Bay StreetUnitUnit$3,275,000
17 Apr3/528 New South Head RoadUnitUnit$1,242,000
20 Apr3/11-15 Guilfoyle AvenueUnitUnit$7,000,000
22 Apr3/43 Ocean AvenueUnitUnit$2,500,000
23 Apr11/2 Pinehill AvenueUnitUnit$1,520,000
28 Apr1/450-452 New South Head RoadUnitUnit$1,530,000
28 Apr21/18 Bay StreetUnitUnit$3,877,500
6 May32 Manning RoadHouseHouse$11,000,000
7 May55 Carlotta RoadHouse· Single-storeyHouse· Single-storey$17,250,000
11 May66 Epping RoadHouseHouse$7,000,000
15 May2/21 Manning RoadUnitUnit$2,000,000
16 May5/290 New South Head RoadUnitUnit$1,120,000
18 May3/45 Ocean AvenueHouse· Single-storeyHouse· Single-storey$3,670,000
19 May62/14 Leura RoadUnitUnit$1,800,000
19 May18/14 Leura RoadUnitUnit$1,800,000
19 May7/15 Wallaroy RoadUnitUnit$2,125,000
20 May14/490-494 New South Head RoadUnitUnit$1,610,000
21 May4/325-335 New South Head RoadUnitUnit$5,380,000
25 May61 Cross StreetHouseHouse$10,800,000
27 May6/45 Ocean AvenueUnitUnit$1,450,000
27 May1D/45 Ocean AvenueUnitUnit$1,450,000
29 May8/26 Cooper StreetUnitUnit$1,700,000
30 May501/34 Cross StreetUnitUnit$14,250,000
1 Jun29 Epping RoadHouseHouse$6,900,000
9 Jun12/321 New South Head RoadUnitUnit$2,750,000
13 Jun11/31 Ocean AvenueUnitUnit$2,450,000
13 Jun4/290 New South Head RoadUnitUnit$1,310,000
17 Jun4 Clarence PlaceHouseHouse$8,500,000
19 Jun2/36 Manning RoadUnitUnit$1,108,000
25 Jun9/260 New South Head RoadUnitUnit$2,650,000
30 Jun2/539-541 New South Head RoadUnitUnit$2,850,000
1 Jul4/2 Henrietta StreetUnitUnit$1,080,000
17 Jul2/499 New South Head RoadUnitUnit$1,240,000
20 Jul10/260 New South Head RoadUnitUnit$2,300,000
24 Jul40 Manning RoadUnitUnit$4,000,000
31 Jul10/30 William StreetUnitUnit$1,600,000
7 Aug5/28 William StreetUnitUnit$1,860,000
15 Aug20/337 New South Head RoadUnitUnit$2,825,000
5 Sep23/337 New South Head RoadUnitUnit$2,490,000
18 Sep2/31 Ocean AvenueUnitUnit$2,650,000
25 Sep16/29 Ocean AvenueUnitUnit$1,925,000
30 Sep19 Pearce StreetHouse· Single-storeyHouse· Single-storey$4,400,000

My view.

Double Bay is a village market with a prestige top. Most of its trade is apartments between $1 million and $3 million, bought by downsizers and professionals who want the cafés, the harbour and the walk to everything. Above that sits a small group of exceptional apartments and houses that sell for $10 million and more.

This year the market concentrated hard into autumn. May alone produced half the house sales, and the second quarter carried 62 per cent of the value. Since July it has been quiet. That is not weakness. In a suburb this small, the market moves when the right properties come to it.

For sellers, the lesson is preparation. Buyers here know the village intimately and compare carefully. The well-presented apartment with light, a lift and parking will stand out. The ordinary one will be priced against everything else on New South Head Road.

In Double Bay, the best apartment outsold every house.

Thinking about selling in Double Bay? With a $20 million apartment setting the year’s high, buyers know what quality is worth.

Request an appraisal

Methodology. Double Bay NSW 2028. The 2026 figures are calculated from the Double Bay sales workbook of 65 records dated 10 February to 2 October 2026, all with a published price. Five sales appear twice with the same address, price and date and are counted once. 25 Epping Road appears twice at $7.61 million, on 10 February and again on 2 October; it is treated as one sale and counted at the February date. That leaves 59 sales: 10 houses and 49 units. Several unit pairs share a building, a price and a date (16 and 602/268-274 New South Head Road; 18 and 62/14 Leura Road; 1D and 6/45 Ocean Avenue) and are counted as separate sales, as recorded. Houses include one-storey records; 3/45 Ocean Avenue is recorded as a house. 5/9 Gladswood Gardens is recorded as a unit. Medians, totals, bands and street counts are calculated directly from the 59 sales. Sales data is indicative, not a valuation. Past results are not a guarantee of future outcomes.