Sydney’s Eastern Suburbs are home to some of the most desirable properties in Australia, with seven of the top ten most expensive suburbs in the nation in the region. With proximity to Sydney CBD, stunning beaches, and a communal lifestyle, the area is highly aspirational for many. However, the Eastern Suburbs is a large collection of suburbs, including harbourside, parkside, and beachside locations, and understanding them all requires the latest insights into the property market, trends, and thorough local knowledge.
To help guide your property-buying journey, whether you’re looking to buy your first home,
your next property, or to invest in the region, we’ve compiled a list of questions that our buyer’s agents are frequently asked by those looking to buy property in Sydney’s Eastern Suburbs.
We’ll be exploring some of the most frequently asked questions about Sydney’s Eastern Suburbs, as well as property-specific questions that can help to inform your property-buying journey.
Sydney’s Eastern Suburbs General FAQs
Where are Sydney’s Eastern Suburbs?
Sydney’s Eastern Suburbs stretch from the CBD to the coastline, encompassing iconic suburbs like Bondi, Coogee, and Paddington, as well as affluent areas such as Bellevue Hill, Double Bay, Rose Bay, and Vaucluse. The region is known for its beautiful beaches, harbour-side views, proximity to green space, and vibrant suburbs.
Why are the Eastern Suburbs so popular for residents and buyers?
The Eastern Suburbs offer urban convenience and stunning natural beauty while supporting active outdoor lifestyles and bustling social life. With proximity to Sydney’s CBD, world-renowned beaches, and top-tier schools, the area appeals to professionals, families, and retirees alike.
What are the main attractions in the Eastern Suburbs?
The Eastern Suburbs have many natural, cultural, and culinary attractions, including Bondi Beach, the coastal walk to Coogee, Centennial Park, and the luxurious shopping and dining precincts of Double Bay and Paddington. These highlights make the Eastern Suburbs a cultural and recreational hotspot.
What is the lifestyle like in the Eastern Suburbs?
Residents enjoy a relaxed yet cosmopolitan lifestyle with access to stunning beaches, green spaces, high-end dining, and boutique shopping. Outdoor activities like surfing and running are popular, fostering a healthy and active community.
How do the Eastern Suburbs compare to other parts of Sydney?
The Eastern Suburbs are renowned for their blend of luxury and lifestyle, offering a unique mix of beachside and urban living. Compared to the Inner West or North Shore, the Eastern Suburbs tend to have higher property prices and a more affluent demographic.
What public transport options are available in the Eastern Suburbs?
The area is serviced by buses, ferries, and trains, with major hubs at Bondi Junction and Edgecliff. While transport is efficient, the area’s reliance on buses means traffic can sometimes cause delays.
Are the Eastern Suburbs family-friendly?
Offering excellent schools, family-oriented amenities, and safe neighbourhoods, the Eastern Suburbs are great for raising families. Plus, the region also has an abundance of parks and beaches for outdoor activities, as well as community programs.
What are schools and educational facilities like in the Eastern Suburbs?
The Eastern Suburbs boast top private schools like Scots College and Ascham, as well as high-ranking public schools. Universities like UNSW are also within proximity. Prestigious suburbs such as Rose Bay and Bellevue Hill are home to renowned private schools, including Kambala, Cranbrook, and Kincoppal, offering exceptional education with stunning harbour views.
What is the dining and café scene like in the Eastern Suburbs?
The area offers a dynamic dining scene, from beachfront cafes in Bondi to fine dining in Double Bay. With farm-to-table eateries, international cuisines, and trendy coffee shops, whatever your taste or dietary requirements, there is plenty of choice.
What outdoor and recreational activities are popular here?
Popular activities include surfing at Bondi, hiking the Bondi to Coogee coastal walk, sailing on Sydney Harbour, and exploring Centennial Park’s cycling paths and picnic spots.
What are the best beaches in the Eastern Suburbs?
Bondi, Coogee, and Bronte are iconic Sydney beaches, offering pristine sand, surf-friendly waves, and vibrant social scenes. For quieter spots, try Gordon’s Bay or Camp Cove.
Are there any significant historical landmarks in the Eastern Suburbs?
The Eastern Suburbs feature heritage sites like Vaucluse House, Watsons Bay, and Paddington’s Victorian-era terraces, reflecting Sydney’s colonial history.
What kind of community events or festivals happen in the Eastern Suburbs?
Residents are treated to a rich cultural scene, the Eastern Suburbs regularly hosts markets at Paddington Markets, community festivals, and annual events, including Sculpture by the Sea in Bondi.
Are the Eastern Suburbs a good place for retirees or downsizers?
Despite its proximity to Sydney CBD, areas of the Eastern Suburbs have a slow and relaxed pace of living, high-quality healthcare, and access to recreational activities. Suburbs like Vaucluse offer a peaceful coastal lifestyle with stunning views, making them especially appealing to retirees and downsizers seeking tranquillity without compromising on convenience.
What are the top parks and green spaces in the Eastern Suburbs?
Centennial Park is a standout, offering 189 hectares of space for walking, cycling, and horse riding. Cooper Park in Bellevue Hill and Waverley Park in Bondi are some of the other green pockets that provide lush retreats.
What is the cost of living like?
The cost of living in the Eastern Suburbs is higher than in many other parts of Sydney. Housing costs, including rent and property prices, are significant factors. Additionally, daily expenses such as groceries, dining out, and childcare can be more expensive compared to other regions.
What is the job market like for professionals in this area?
Sydney’s Eastern Suburbs have a strong job market, particularly in sectors like finance, healthcare, and education. Proximity to the city centre provides easy access to numerous employment opportunities.
What are the best times of year to move?
The optimal times to relocate are during spring (September to November) and autumn (March to May), when the weather is mild and conducive to moving.
What are some of the recent developments that have been completed in the Eastern Suburbs?
- Potts Point Luxury Apartments: Developer John Ibrahim’s firm received approval for a $130 million luxury apartment complex on Bayswater Road. The project will feature 22 apartments, ground-floor restaurants, and a basement bar, contributing to the suburb’s transformation from a nightlife hub to a residential enclave.
- Coogee Pavilion Expansion: Merivale has revitalised the Coogee Pavilion, introducing new venues on its middle floor, including a cocktail bar, restaurant, and tapas bar, enhancing the beachfront dining experience. The venue has also launched “Rooftop Sessions,” featuring live music and special promotions, solidifying its status as a premier lifestyle destination in the Eastern Suburbs.
Property-Specific FAQs
What is the median house and apartment price in the Eastern Suburbs?
As of late 2024, the median house price of the Eastern Suburbs is approximately $3.5 million, whilst apartments average $1.1 million. Prices vary by suburb, with premium areas like Bellevue Hill, Vaucluse and Rose Bay commanding higher values.
How has the property market in the Eastern Suburbs performed recently?
Despite national fluctuations, the Eastern Suburbs market remains strong, driven by demand for lifestyle properties and limited supply. Auction clearance rates often exceed Sydney averages as the Eastern Suburbs are highly desirable.
What types of properties are available in the Eastern Suburbs?
The Eastern Suburbs cater to different buyer preferences, from heritage terraces and luxury waterfront homes to modern apartments. Boutique developments are also becoming increasingly popular and include various amenities.
Is buying property in the Eastern Suburbs a good investment?
The area’s consistent demand, strong rental market, and high standard of living make the Eastern Suburbs a resilient and attractive investment option.
What are some of the most sought-after suburbs for property buyers in this area?
Each of the Eastern Suburbs has something to offer, but suburbs including Tamarama, Bellevue Hill, and Vaucluse in particular, are especially exclusive locales.
What should I consider when purchasing property in the Eastern Suburbs?
To find the right suburb in the region for you, you should consider proximity to transport, schools, amenities, and desirable attractions, whether that’s easy beach access, quiet streets or great local restaurants. Consulting with a local buyers agent who has expertise in the area can help you navigate the suburbs.
Are there any upcoming developments or infrastructure projects in the area?
Key projects include the redevelopment of Bondi Pavilion and transport upgrades, which are expected to enhance connectivity and community facilities.
What is the rental market like in the Eastern Suburbs?
With high demand from professionals and families, rental yields are strong, particularly for apartments in Bondi and Coogee. Vacancy rates remain low across the suburbs.
How do I find the right property for my needs in the Eastern Suburbs?
Engaging with a local buyers agent is a good start, as they can help you to understand market trends, and define your priorities, such as budget, property type, and location preferences.
Why should I use a buyer's agent when looking for property in the Eastern Suburbs?
A buyers agent provides market insights, access to off-market listings, and expert negotiation skills, ensuring you secure the best property at the right price.
What are the common challenges buyers face in the Eastern Suburbs property market?
Challenges include high competition, limited stock, and rising prices. Buyers often have to act quickly and strategically to secure their ideal property, and having an Eastern Suburbs buyer’s agent on your side can make all the difference.
How competitive is the auction market in the Eastern Suburbs?
Auction competition is fierce, with clearance rates often above 80%. Engaging an experienced buyers agent can help manage the process and increase your chances of success.
What are the current trends in luxury property in the Eastern Suburbs?
Luxury buyers seek waterfront and harbourside properties, sustainability features, high-end finishes, and homes that feature unique spaces. Downsizers often prioritise spacious apartments with premium amenities.
Are there affordable housing options in the Eastern Suburbs?
Whilst the Eastern Suburbs are typically always in high demand and affordability is relative, areas like Kingsford and Randwick offer more budget-friendly options compared to Bondi or Vaucluse, for example. For first-time buyers, units and apartments also present lower entry points.
What makes the Eastern Suburbs stand out compared to other Sydney property markets?
The Eastern Suburbs offer an unparalleled lifestyle, prestige, and proximity to beaches, the harbour and urban hubs, making it one of Sydney’s most desirable property markets.
What types of properties can be found in the Eastern Suburbs?
The Eastern Suburbs of Sydney offer a diverse range of property styles, from luxurious waterfront mansions with expansive views to charming heritage homes and modern apartments. You’ll find contemporary townhouses, art deco buildings, and spacious family homes in leafy streets, as well as contemporary architect-designed residences. Properties often blend classic and modern designs, providing a mix of exclusivity, elegance, and coastal charm.
Why is buying in the Eastern Suburbs a good investment move?
Investing in Sydney’s Eastern Suburbs is smart due to its high demand, limited housing supply, and prime location. Properties in the area typically hold their value, even during market fluctuations, because they appeal to both local and international buyers. The combination of coastal charm, exclusivity, and proximity to the CBD ensures these suburbs remain resilient, offering a stable long-term investment opportunity.
If you have any further questions about the Eastern Suburbs, property in the region, or anything else, don’t hesitate to get in touch with the team at Rose & Jones to get started on your property journey today.
About Rose & Jones
Rose & Jones has been helping clients find and purchase properties in Sydney, Brisbane, and the Northern Rivers since 1998. A renowned property buyers agency across residential, commercial and industrial sectors, every one of our property experts meets our high standards, so you won’t have to compromise yours. With access to a wide network of off-market properties, our team can help you find the perfect property. Also offering property management services and investment advice, make Rose & Jones your go-to when it comes to real estate in New South Wales and Queensland.
