This peaceful harbourside eastern suburb, just seven kilometres from the CBD, boasts astonishing views, seaplane rides, a dog-friendly foreshore beach, top-notch eateries and a family-friendly village feel.
Population snapshot: Who lives in Rose Bay
As of 2016 Census, there were 10,053 people in Rose Bay. Of these, 46.5% were male and 53.5% were female. The median age was recorded as 38 with over 2,600 families living in the area. Rose Bay is popular with families and professionals. The area is also a strong centre of Sydney’s Jewish community (24% of 2016 Census takers identified as Jewish) and boasts several Synagogues.
Sales price snapshot: Property prices rising
As of March 2019, the median house price in Rose Bay was $3,750,000 and the median unit price, $1,155,000 according to realestate.com.au figures. Compared to the same period five years ago, the median house sales price for houses in Rose Bay increased 74.4% which equates to a compound annual growth rate of 11.8%. There’s a great mix of new developments and art deco apartments as well as large family homes.
Five reasons locals love it
1. Sublime views
Rose Bay has ideal vantage points to take in some of Sydney’s most famous views, including the Sydney Opera House and Sydney Harbour Bridge. Gaze out onto Shark Island in Sydney Harbour, just north of Rose Bay. Scenic Dumaresq Reserve Beach on the Rose Bay foreshore is also one of the few dog-friendly beaches in Sydney, where dogs can roam off leash and splash about in the water.
2. Harbour access
It’s easy to make the most of Sydney’s stunning harbour when you live right alongside it. Rose Bay Aquatic Hire is located at Tingira Memorial Beach, where you can rent kayaks, paddle boards and fishing boats and go for a cruise around the bay. Rose Bay and Point Piper Marinas offer access to some of the best cruising on Sydney Harbour.
3. Sought-after schools
Rose Bay is home to two of Sydney’s most exclusive girls’ schools – Kambala and Kincoppal, with Ascham School also close by in Edgecliff. Nearby Bellevue Hill is home to prestigious boys’ schools, Cranbrook School and The Scots College. The local public primary school is highly regarded and there is also the co-educational Rose Bay Secondary College.
4. Green Spaces
Located right on the water, lovely Lyne Park has a great children’s playground and easy access to a commercial seaplane base, as well as commercial and public ferry services. There are also tennis and basketball courts and the popular Sugar and Spoon Café. Golf enthusiasts love having premier sporting and recreation clubs, The Royal Sydney Golf Club and the Woollahra Golf Club, right on their doorstep.
5. Great eateries
Rose Bay is home to two renowned waterfront restaurants, Catalina Rose Bay and Regatta Rose Bay, where diners can enjoy top-notch cuisine while soaking in the harbour views. A range of more casual options in the well-serviced shopping village cover you for everything from pizza and sushi to Thai and Indian. The 90-year old Hotel Rose Bay has just undergone a multi-million dollar refurbishment, leaving behind its miniature train obsession and sporting a sleek interior and new menu from ex-Flying Fish and Catalina executive chef Ian Royle.
If Rose Bay is on your watch list, don’t hesitate to get in touch with our team today.
Sydney’s Eastern Suburbs Market Snapshot
A detailed annual assessment of the property market focusing on the Eastern Suburbs of Sydney, Australia.