From 5.49% p.a.Comparison rate 5.72% 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..

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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.

Comparison rate 5.72% p.a.*

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How We Help You Get a Home Loan in Double Bay

As a mortgage broker, we compare home loan rates from over 50 lenders to find the best deal for your purchase in Double Bay. Our service is free to you — we are paid a commission by the lender, which is disclosed in our Credit Guide. Whether you're a first home buyer, upgrader, or investor, we'll 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 based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.

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, we can help you get pre-approved for a home loan to purchase in Double Bay. Pre-approval gives you confidence at auction or when making an offer. Our brokers compare 50+ lenders to find the best rate for your situation. The process typically takes 1-3 business days.