Is Elizabeth Bay expensive?
There is not yet enough consistent market data for a dependable house median. The nearby suburb links make it easier to compare the wider market while local observations build.
Harbour view with boats and large building
Stefano · CC BY-SA 3.0
The quick read on
Elizabeth Bay
NSW 2011 · Sydney
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median unit
- $1,000,000
- Population
- 4,878
- Postcode
- 2011
latest suburb median
ABS 2021
Elizabeth Bay, New South Wales
Property market insights for Elizabeth Bay
Median sale price and rental income of properties in Elizabeth Bay NSW
Market data updated October 2026.
Elizabeth Bay has a 12-month growth rate of 8.7% for units.
The median price of apartments and units for sale in Elizabeth Bay is $1,000,000, which has increased 8.7% since the same time last year. One-bedroom apartments and units have a median sale price of $920,000, Two-bedroom apartments and units have a median sale price of $2,000,000, Three-bedroom apartments and units have a median sale price of $5,500,000, Four-bedroom apartments and units have a median sale price of $20,000,000 in Elizabeth Bay. The median rent for units and apartments in Elizabeth Bay is $725 per week and has increased 3.6% over the last 12 months.
Crime and safety
Is Elizabeth Bay safe?
The overall rate for Elizabeth Bay is 3,095 offences per 100,000 residents — 10% below the Greater Sydney benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Elizabeth Bay.
Overall crime rate
3,095
offences per 100,000 residents
10% belowGreater Sydney
Elizabeth BayGreater Sydney: 3,437
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Elizabeth Bay?
Elizabeth Bay NSW 2011 is in New South Wales, within Greater Sydney.
4,878 people call Elizabeth Bay home, with an average of 1.5 people per household and a median household income of $2,116 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 4,878
- Median age
- 43 years
- Median mortgage
- $2,582 / month
- 2021 household rent
- $500 / week
Above the benchmarkBelow the benchmarkIn lineGreater Sydney benchmark
Age profile
Share of residents in each age band.
Under 153.9%Below
15–3429.0%Above
35–5432.6%Above
55–7424.2%Above
75 and over10.3%Above
Homes
Share of occupied private dwellings.
Separate houses0.3%Below
Townhouses0.5%Below
Apartments98.6%Above
Ownership
Share of homes with a stated ownership or rental status.
Owned outright22.6%Below
Paying a mortgage16.8%Below
Renting60.5%Above
Cars at home
Vehicles available to occupied households.
No car44.4%Above
One car45.7%Above
Two cars8.5%Below
Three or more1.4%Below
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home58.3%Above
Drove to work11.6%Below
Train, tram or bus5.5%Above
Walked or cycled10.7%Above
What stands out in Elizabeth Bay
58.3% of workers in Elizabeth Bay worked from home on Census day — noticeably more common than across Greater Sydney.
5.8% of Elizabeth Bay residents were born in England, about twice the rate across Greater Sydney.
53.2% of people in Elizabeth Bay described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Elizabeth Bay
Open any question for a plain-English reading of the public 2021 Census for Elizabeth Bay NSW 2011.
Is Elizabeth Bay family-friendly?Age, family structure and household size describe the community families would be joining.
3.9% of Elizabeth Bay's residents were children under 15 in the 2021 Census. That is about half the Greater Sydney rate.
966 family households lived in Elizabeth Bay; 14.8% were couple families and 6.5% were one-parent families.
13.7% of local families included children under 15. That is about half the Greater Sydney rate.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Elizabeth Bay?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Elizabeth Bay had 4,878 residents at the 2021 Census.
43.3% of residents were aged 25 to 44.
34.5% were 55 or older. That is well above the Greater Sydney average.
Age shares use the suburb’s total Census population.
What kind of homes are in Elizabeth Bay?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 0.3% of occupied private dwellings in Elizabeth Bay.
Townhouses and other attached homes represented 0.5% of occupied private dwellings.
Flats and apartments accounted for 98.6% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Elizabeth Bay?Tenure shows how many households own outright, have a mortgage or rent.
22.6% of households with a stated tenure owned their home outright. That is somewhat below the Greater Sydney average.
16.8% were buying their home with a mortgage.
60.5% rented their home. That is well above the Greater Sydney average.
Tenure shares include households that stated one of these three arrangements.
How large are households in Elizabeth Bay?Household-size data shows the mix behind the suburb-wide average.
The average household in Elizabeth Bay had 1.5 people.
One-person households made up 62.0% of occupied homes. That is about twice the Greater Sydney rate.
Two-person households represented 31.3%, while 1.6% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Elizabeth Bay?Census-day travel shows the balance between home, road, public transport and active travel.
58.3% of workers worked from home on Census day. That is well above the Greater Sydney average.
11.6% drove a car as their only travel method. That is about half the Greater Sydney rate.
5.5% used only a train, tram or bus, while 10.7% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Elizabeth Bay?Vehicle availability helps describe the routines local households can support.
44.4% of occupied households had no motor vehicle available. That is about twice the Greater Sydney rate.
One-car households formed 45.7% of the total.
9.9% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Elizabeth Bay, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
38.5% were at the same address five years earlier, while 61.5% reported a different address.
34.6% of residents were born outside Australia. That is somewhat below the Greater Sydney average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Elizabeth Bay?Language at home gives a direct view of the community’s everyday linguistic mix.
78.9% of residents used only English at home.
15.2% used a language other than English at home.
0.9% spoke Mandarin at home, 0.6% spoke Cantonese and 0.2% spoke Hindi.
Home language is separate from English proficiency.
Where were Elizabeth Bay residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
34.6% of Elizabeth Bay's population was born outside Australia, while roughly 65.4% was born in Australia.
0.7% of residents were born in China.
0.8% were born in India, while Australian citizenship across the whole suburb stood at 80.3%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Elizabeth Bay?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 37.5% of ancestry responses in Elizabeth Bay.
Australian ancestry made up 21.5% of responses.
Chinese ancestry represented 3.3% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Elizabeth Bay?Occupation describes a person’s role; industry describes the sector employing them.
46.6% of employed residents worked in professional occupations. That is well above the Greater Sydney average.
Managers accounted for 22.7% of employed residents, while clerical and administrative workers made up 10.4%.
Health care and social assistance employed 9.6% of workers, and education and training employed 6.9%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Elizabeth Bay?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 69.5%, compared with 60.0% across Greater Sydney.
46.7% of residents aged 15 and over worked full time, while 15.2% worked part time.
Unemployment was 4.6%, compared with 5.1% across Greater Sydney.
Labour-force figures come from the 2021 Census.
What does the health profile of Elizabeth Bay show?Selected long-term health conditions help describe community service needs.
60.7% reported no selected long-term health condition.
10.2% reported a long-term mental health condition, including depression or anxiety.
7.3% reported asthma, 6.1% arthritis and 2.0% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Elizabeth Bay?Qualifications describe the study pathways represented among local residents.
43.2% of people in the qualifications table held a bachelor degree. That is well above the Greater Sydney average.
Postgraduate degrees accounted for 21.6% of qualification responses.
Diploma-level qualifications represented 11.7%, while certificate-level qualifications represented 8.8%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Elizabeth Bay?Census income and household payments give historical context for local living costs.
Median household income was $2,116 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $2,582.
Occupied renting households reported a median rent of $500 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Elizabeth Bay compare with Greater Sydney?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 58.3% in Elizabeth Bay, compared with 38.9% across Greater Sydney.
Outright ownership was 22.6% locally and 28.6% across Greater Sydney. That is somewhat below the Greater Sydney average.
Renting accounted for 60.5% in Elizabeth Bay, against 37.1% across Greater Sydney.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Elizabeth Bay
Is Elizabeth Bay good for families?
The Census counted 966 local families, and 3.9% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Elizabeth Bay?
The free data does not have a dependable bedroom breakdown for this suburb. Compare the current house and unit medians above, then use live listings to see what a $1.5m budget buys today.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Elizabeth Bay
15 streets in Elizabeth Bay
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Barncleuth Sq
- Billyard Ave
- Birtley Pl
- Crick Ave
- Elizabeth Bay Cr
- Elizabeth Bay Rd
- Esplanade
- Greenknowe Ave
- Ithaca Rd
- Macleay St
- Onslow Ave
- Onslow Pl
- Roslyn
- Roslyn St
- Ward Ave
12 suburbs surrounding Elizabeth Bay
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Elizabeth Bay right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.