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Ocean Ave, Double Bay NSW 2028

Street

Street Summary

Ocean Ave in Double Bay NSW 2028 is an arterial road with a 50km/h speed limit, carrying 100% of the street's residential stock. The 520 residential properties comprise 5.6% houses and 56.2% apartments. Elevation varies, with 5 homes sitting above the street, 22 sitting level with it, and 1 sitting below it. Risk overlays include 5 heritage-listed homes, 2 homes in a flood overlay, and 25 recommended for a flood check. Recent apartment sales include 49 lots at 53B Ocean Ave and 49 lots at 53 Ocean Ave, both 10 levels high. House turnover over 5 years is 20.7%, while apartment turnover is 12.3%. With insufficient recent house sales to calculate a reliable price comparison, buyers should compare recent sales of individual homes on the street against nearby comparable properties.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Ocean Ave, Double Bay NSW 2028 property market.

Houses vs Apartments520 total lots
5.6%
56.2%
38.2%
Houses (5.6%)
Apartments (56.2%)
Townhouses/Villas/Unclassified (38.2%)

Street Class & Speed Limit

The road classification and posted speed limit along Ocean Ave, Double Bay NSW 2028. Road class and speed limit can each vary from section to section; the dominant setting along the street is shown here.

Dominant road class & speed limitARTERIAL ROAD · 50 km/h100% of properties front this section

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Land Topography

How house lots on Ocean Ave, Double Bay NSW 2028 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.

High-side vs low-side house lots
High-sideFlatLow-side
5 lots
22 lots
1 lots
High-side (1m above)
Flat
Low-side (1m below)

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
5 houses affected
Bushfire
0 houses affected
Flood
2 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Ocean Ave, Double Bay NSW 2028 over the past 5 years, plotted against the Double Bay NSW 2028 median house price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$5.0M$10.0M$15.0M$20.0MSept 21May 23Jan 25Sept 26$6M · 2022$5.9M · 2023$7.5M · 2024$7.2M · 2025$6.8M · 2023-03-24 · 71 OCEAN AVE, DOUBLE BAY NSW 2028$9.3M · 2023-05-03 · 79 OCEAN AVE, DOUBLE BAY NSW 2028$11.4M · 2026-03-21 · 79 OCEAN AVE, DOUBLE BAY NSW 2028$5.2M · 2024-10-11 · 89 OCEAN AVE, DOUBLE BAY NSW 2028$19M · 2025-03-01 · 28 OCEAN AVE, DOUBLE BAY NSW 2028$5.7M · 2023-05-02 · 2/27 OCEAN AVE, DOUBLE BAY NSW 2028
Turnover rate20.7%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Ocean Ave, Double Bay NSW 2028 over the past 5 years, plotted against the Double Bay NSW 2028 median apartment price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$1.3M$2.5M$3.8M$5.0MSept 21May 23Jan 25Sept 26$1.9M · 2022$1.7M · 2023$1.8M · 2024$2M · 2025$1.9M · 2026$1.7M · 2026-03-27 · 3/22 OCEAN AVE, DOUBLE BAY NSW 2028$1.6M · 2025-04-10 · 9/22 OCEAN AVE, DOUBLE BAY NSW 2028$1.8M · 2025-10-21 · 1/24 OCEAN AVE, DOUBLE BAY NSW 2028$1.5M · 2023-09-13 · 12/24 OCEAN AVE, DOUBLE BAY NSW 2028$1.6M · 2024-09-14 · 3/20 OCEAN AVE, DOUBLE BAY NSW 2028$3.5M · 2022-03-25 · 4/21 OCEAN AVE, DOUBLE BAY NSW 2028$721k · 2023-03-11 · 13/20 OCEAN AVE, DOUBLE BAY NSW 2028$1M · 2025-03-19 · 13/20 OCEAN AVE, DOUBLE BAY NSW 2028$2.7M · 2024-10-24 · 1/55 OCEAN AVE, DOUBLE BAY NSW 2028$1.3M · 2024-06-25 · 3/24 OCEAN AVE, DOUBLE BAY NSW 2028$1.3M · 2024-11-21 · 6/24 OCEAN AVE, DOUBLE BAY NSW 2028$3M · 2021-10-07 · 5/31 OCEAN AVE, DOUBLE BAY NSW 2028$1.7M · 2022-10-26 · 15/24 OCEAN AVE, DOUBLE BAY NSW 2028$1.5M · 2025-04-07 · 8/24 OCEAN AVE, DOUBLE BAY NSW 2028$1.3M · 2023-05-16 · 9/24 OCEAN AVE, DOUBLE BAY NSW 2028$1.6M · 2024-05-21 · 1/29 OCEAN AVE, DOUBLE BAY NSW 2028$750k · 2021-10-01 · 15/29 OCEAN AVE, DOUBLE BAY NSW 2028$1.9M · 2023-08-18 · 15/29 OCEAN AVE, DOUBLE BAY NSW 2028$1.5M · 2022-04-14 · 2/29 OCEAN AVE, DOUBLE BAY NSW 2028$1.6M · 2025-03-17 · 20/29 OCEAN AVE, DOUBLE BAY NSW 2028$1.5M · 2023-05-16 · 6/29 OCEAN AVE, DOUBLE BAY NSW 2028$1.6M · 2021-09-23 · 8/29 OCEAN AVE, DOUBLE BAY NSW 2028$1.7M · 2024-12-21 · 8/15 OCEAN AVE, DOUBLE BAY NSW 2028$1.9M · 2025-03-04 · 6/19 OCEAN AVE, DOUBLE BAY NSW 2028$1.7M · 2025-03-21 · 6/19 OCEAN AVE, DOUBLE BAY NSW 2028$1.6M · 2022-03-09 · 12/26 OCEAN AVE, DOUBLE BAY NSW 2028$1.4M · 2022-03-29 · 9/26 OCEAN AVE, DOUBLE BAY NSW 2028$1.3M · 2022-02-07 · 1B/7 OCEAN AVE, DOUBLE BAY NSW 2028$4.4M · 2023-06-20 · 8D/45 OCEAN AVE, DOUBLE BAY NSW 2028$1.5M · 2022-06-28 · 4B/7 OCEAN AVE, DOUBLE BAY NSW 2028$1.5M · 2022-03-18 · 6A/7 OCEAN AVE, DOUBLE BAY NSW 2028$1.2M · 2025-03-03 · 6C/7 OCEAN AVE, DOUBLE BAY NSW 2028$2.5M · 2026-06-13 · 11/31 OCEAN AVE, DOUBLE BAY NSW 2028$1.4M · 2022-04-07 · 4/7 OCEAN AVE, DOUBLE BAY NSW 2028$3.8M · 2025-11-21 · 5/11 OCEAN AVE, DOUBLE BAY NSW 2028$3M · 2024-05-29 · 8/11 OCEAN AVE, DOUBLE BAY NSW 2028
Apartment sales4Past 12 months
Turnover rate12.3%Past 5 years

Largest Apartment Projects

The largest apartment projects on Ocean Ave, Double Bay NSW 2028, ranked by number of lots.

1
53B OCEAN AVE, DOUBLE BAY NSW 2028Small-Medium project (20-50 lots)
2
53 OCEAN AVE, DOUBLE BAY NSW 2028Small-Medium project (20-50 lots)
3
29 OCEAN AVE, DOUBLE BAY NSW 2028Small-Medium project (20-50 lots)

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Living in Ocean Ave, Double Bay NSW 2028 : Street Profile & FAQs

Common questions about living on and buying property on Ocean Ave, Double Bay NSW 2028 — lifestyle, transport, and the local housing market.

Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.

Is Ocean Ave an expensive or affordable street relative to Double Bay?

There are insufficient recent house sales on Ocean Ave to calculate a reliable premium or discount against the Double Bay suburb average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

What are the risk and overlay factors on Ocean Ave?

Five homes on Ocean Ave are heritage-listed, which may require council approval for exterior changes. Two properties fall within a flood overlay, 25 are recommended for a flood check, and 2 have no flood risk identified or are not mapped. There are no bushfire zones or high-voltage powerlines within 100m of the homes.

Are properties on Ocean Ave mostly on high, level or low ground?

Most homes on Ocean Ave sit level with the street, with 22 properties in this category. Five homes sit above the street and 1 sits below the street. Site height relative to the street can influence drainage and access, so buyers should assess the specific property rather than relying on the street average.

What type of road is Ocean Ave?

Ocean Ave is classified as an arterial road with a 50 km/h speed limit. Arterial roads generally carry more through traffic and connect major areas, which can mean higher noise levels compared to local streets. Buyers should consider the impact of this road classification on their daily commute and living environment.

Is Ocean Ave mostly houses or apartments?

Ocean Ave has 520 residential properties, with 5.6% being houses and 56.2% being apartments. The street is predominantly apartments, reflecting a higher-density residential character. This mix suggests a focus on multi-unit living rather than detached housing.

What are the major apartment developments on Ocean Ave?

Major apartment developments on Ocean Ave include 53B Ocean Ave with 49 lots over 10 levels, 53 Ocean Ave with 49 lots over 10 levels, and 29 Ocean Ave with 26 lots over 7 levels built in 1966. These projects contribute to the street's higher-density residential character.

How many properties have sold on Ocean Ave?

In the past 12 months, 1 house and 4 apartments sold on Ocean Ave. The 5-year turnover rate is 20.7% for houses and 12.3% for apartments. Turnover measures the proportion of properties that changed ownership during the past five years, providing a baseline for market activity.

Is Ocean Ave a good street to buy property on?

Ocean Ave suits buyers seeking apartment living on an arterial road with a 50 km/h speed limit. The street has a predominantly apartment mix with 56.2% of properties being apartments. Heritage listings and flood overlays apply to some homes, so buyers should review specific property details and council approvals before purchasing.