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From 5.49% p.a.

Home Loans in Double BayNSW 2028

Compare home loan rates from 50+ lenders for properties in Double Bay. Median house price $5,500,000 with property growth of +3.5% p.a..

Double Bay Property Snapshot
  • Median house price: $5,500,000
  • Median unit price: $1,400,000
  • Property growth: +3.5% p.a.
  • Population: 5,500

Property Market in Double Bay, NSW

Double Bay is one of Sydney's most exclusive harbourside suburbs with luxury shopping and dining. The median house price in Double Bay is currently around $5,500,000, while units sit at approximately $1,400,000. The suburb has experienced property growth of +3.5% p.a., making it a steady performer in New South Wales.

Why Buy in Double Bay?

Double Bay offers a range of lifestyle benefits that make it attractive to homebuyers and investors alike. Key features of the area include:

  • Luxury retail
  • Harbour access
  • Premium dining
  • Eastern suburbs prestige

Typical Home Loan Amounts in Double Bay

Based on the current median house price of $5,500,000, most buyers in Double Bay will be looking at home loans in the range of $3,850,000 to $5,225,000, depending on their deposit size. With an 80% loan-to-value ratio (LVR), a typical loan would be around $4,400,000.

For unit buyers, loan amounts typically range from $980,000 to $1,330,000. First home buyers in Double Bay may be eligible for state government grants and stamp duty concessions, which can significantly reduce upfront costs.

Home loan rates from
5.49% p.a.
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How We Help You Get a Home Loan in Double Bay

Your broker compares home loan rates from over 50 lenders to find the best deal for your purchase in Double Bay. The broker service is free for borrowers: licensed brokers who meet our criteria pay Your Finance Guide a partnership fee to receive enquiries from this site, and the broker is usually also paid a commission by the lender. Both are disclosed in our Credit Guide. Whether you're a first home buyer, upgrader, or investor, your broker will guide you through the process from pre-approval to settlement.

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are calculated on a secured loan of $150,000 over 25 years for home loans, a loan of $30,000 over 5 years for car and personal loans, and $50,000 over 5 years for equipment finance, unless the lender states another basis.

Home Loan FAQs for Double Bay, NSW

What is the median house price in Double Bay?
The median house price in Double Bay, NSW is approximately $5,500,000. Unit prices sit around $1,400,000. These are indicative figures and actual prices vary by property type, condition, and location within the suburb.
How much deposit do I need to buy in Double Bay?
For a median-priced house in Double Bay at $5,500,000, a 20% deposit would be $1,100,000. However, you may be able to buy with as little as 5% deposit ($275,000) if you pay Lenders Mortgage Insurance (LMI). First home buyers may also access government schemes to buy with a lower deposit.
What would repayments be on a home loan in Double Bay?
Based on an 80% loan of $4,400,000 at 5.49% p.a. over 30 years, estimated monthly repayments would be approximately $24,955. Actual repayments depend on your interest rate, loan amount, and loan term. Use our calculator for a personalised estimate.
Is Double Bay a good area to buy property?
Double Bay has shown property growth of +3.5% p.a. recently. Double Bay is one of Sydney's most exclusive harbourside suburbs with luxury shopping and dining. With a population of approximately 5,500, the suburb offers luxury retail and harbour access. We recommend speaking with a local real estate agent and doing thorough research before purchasing.
Can I get a home loan pre-approval for Double Bay?
Yes. A broker can help you get pre-approved for a home loan to buy in Double Bay, which gives you confidence at auction or when making an offer. They compare the lenders on their panel to find a rate that suits your situation.
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