Darling Point is 4.7km from the Sydney CBD it includes some of the most expensive and spectacular waterfront homes in Sydney. It is part of Woollahra Council.
Darling Point is mostly comprised of units Residex reports 66% of all housing is units, 8% is semi-detached and 5% is houses. 21% is commercial/other. Age mix for the area is 0 to 29 yo 24%, 30 to 49 yo is 28%, 50 & above is 48%.
According to Residex, Darling Point experienced market growth of around 52% from March 2015 to March 2020. Homebuyers are attracted to it for the best views in the country. Investors are attracted to it for its outstanding price growth performance.
Darling Point is an exclusive eastern suburbs location wedged between Double Bay to the east and Rushcutters Bay to the west, and certainly has the best of everything. With gun-barrel views of the Harbour Bridge and the Opera House, Darling Point is one of the most sort-after and prestigious suburbs in Australia.
Bei Amici is located in darling point and is known for its friendly atmosphere and italian cuisine. Residents will often venture over to neighboring suburbs of Double Bay or Rushcutters Bay, where there are some of Australia’s best restaurants and boutique shopping.
The Cruising Yacht Club of Australia is widely regarded as Australia's premier yacht club. Positioned near Rushcutters Bay Park it runs the annual Sydney to Hobart Yacht Race. McKell Park is situated at the northern end of Darling Point Road, it has panoramic views of Sydney Harbour and is a popular location for picnics and weddings. It is also the access point to Darling Point's ferry stop.
Darling Point is very close to the most prestigious private schools in the country including Sydney Grammar, Montessori East, Kincoppal, The Scots College and Cranebrook.
Price growth in recent years has been good in Darling Point for units with prices increasing 52% in the five years to now and 52.7% for houses. Residex notes Only 0.46% of properties in the suburb are currently on the market with an average time of 48 days on the market.This is mostly due the fact most residents don't need to sell.
Residex notes the median house price now sits at around $7,244,000. Median unit price is $2,236,000 in Darling Point.
Munro Donen is our local expert Buyers Agent in the area. With exceptional local knowledge, Munro is the best buyers advocate to have on your side searching for a property in Darling Point, please call us on 1300 655 615, email us, or send us your buyers wishlist today by clicking here. If you would like to know the latest median values and statistics for Darling Point, call us today on 1300 655 615.
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