5/31 Ocean Ave, Double Bay NSW 2028
Double Bay Unit
Technical details
How this sale compares
Sold for $3,010,000 in Oct 2021, up $345,000 (13%) on the $2,665,000 paid in Dec 2019. That is about 6.9% a year over 1.8 years.
Over the same period the median unit price in Double Bay rose 34%, from $1,575,000 in 2019 to $2,105,000 in 2021.
The 2021 sale was 43% above the Double Bay median unit price for that year ($2,105,000 across 129 sales).
Since then the median unit price in Double Bay has risen 9%, from $2,105,000 in 2021 to $2,300,000 over the last 12 months (68 sales).
Double Bay medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Double Bay sold prices by year.
Rent and yield
Units in postcode 2028 rented for a median $1,050 a week, from 331 bonds lodged Oct 2025 to Sep 2026.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Double Bay.
Planning controls
- Zone
- R3 Medium Density Residential
- Minimum lot size
- 700 m² For subdividing the whole site, not one unit
- Maximum building height
- 13.5 m
- Floor space ratio
- 1.3:1 Floor area allowed for each square metre of site
From the Woollahra Local Environmental Plan 2014 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 7 Oct 2021 | 8 Dec 2021 | $3,010,000 | - | - | - | 5/SP16566 |
| 10 Dec 2019 | 12 Feb 2020 | $2,665,000 | - | - | - | 5/SP16566 |
$3,010,000 Sold 7 Oct 2021
Settled8 Dec 2021
Beds-
Baths-
Cars-
Title reference: 5/SP16566
$2,665,000 Sold 10 Dec 2019
Settled12 Feb 2020
Beds-
Baths-
Cars-
Title reference: 5/SP16566
Other sales at 31 Ocean Ave
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 11 | 13 Jun 2026 | 13 Jul 2026 | $2,450,000 | - | - | - | 11/SP16566 |
| 3 | 14 May 2021 | 16 Jul 2021 | $2,157,000 | - | - | - | 3/SP16566 |
| 11 | 8 Apr 2016 | 20 Oct 2016 | $1,625,000 | - | - | - | 11/SP16566 |
| 7 | 27 Aug 2015 | 1 Oct 2015 | $1,625,000 | - | - | - | 7/SP16566 |
| 12 | 17 Oct 2014 | 26 Nov 2014 | $1,425,000 | - | - | - | 12/SP16566 |
$2,450,000 Sold 13 Jun 2026
Title reference: 11/SP16566
$2,157,000 Sold 14 May 2021
Title reference: 3/SP16566
$1,625,000 Sold 8 Apr 2016
Title reference: 11/SP16566
$1,625,000 Sold 27 Aug 2015
Title reference: 7/SP16566
$1,425,000 Sold 17 Oct 2014
Title reference: 12/SP16566
Recent sales on Ocean Ave
Sold in the last two years.
- 3/22 Ocean Ave, Double Bay 2028 $1,735,000 sold 27 Mar 2026
- 79 Ocean Ave, Double Bay 2028 $11,350,000 sold 21 Mar 2026, 181 m²
- 33 A/39 Ocean Ave, Double Bay 2028 $3,000,000 sold 28 Feb 2026
- 5/11-13 Ocean Avenue, Double Bay 2028 $3,750,000 sold 21 Nov 2025
- 1/24 Ocean Avenue, Double Bay 2028 $1,785,000 sold 21 Oct 2025
- 9/22 Ocean Ave, Double Bay 2028 $1,600,000 sold 10 Apr 2025
- 8/24 Ocean Avenue, Double Bay 2028 $1,470,000 sold 7 Apr 2025
- 6/19 Ocean Avenue, Double Bay 2028 $1,700,000 sold 21 Mar 2025
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 12/17 Knox St, Double Bay 2028 $1,045,000 sold 21 Aug 2026
- 7/2 Marathon Rd, Darling Point 2027 $1,910,000 sold 4 Aug 2026
- 6/65 Darling Point Rd, Darling Point 2027 $1,120,000 sold 1 Aug 2026
- 10/260 New South Head Rd, Double Bay 2028 $2,300,000 sold 20 Jul 2026
- 803/180 Ocean St, Edgecliff 2027 $2,025,000 sold 30 Jun 2026
- 12 G/3 Darling Point Rd, Darling Point 2027 $2,750,000 sold 25 Jun 2026
- 9/260 New South Head Rd, Double Bay 2028 $2,650,000 sold 25 Jun 2026
- 4/290 New South Head Rd, Double Bay 2028 $1,310,000 sold 13 Jun 2026