Suburb / Locality · Area profile
Watsons Bay
1 km²
Highly affluent and professional residents define Watsons Bay, an area with some of the highest incomes and education levels in the region. The typical household earns far more than the national figure, and many residents hold university degrees. It is a small, high-status community where a large number of people work from home or in management roles. This wealth is reflected in the housing, with very high rents and mortgage payments compared to the rest of the state.
Watsons Bay's schools draw a community as advantaged as its high household incomes suggest.
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The community is a little older than the state average, with a typical resident aged 40. Children under 15 make up only 13.7% of the population, which is well below the national figure of 18.2%.
Overseas birth rates are much higher than in most similar areas, though still well below the New South Wales average at 25.6%. English, Australian, and Irish are the most common ancestries.
While 9.1% of residents use a language other than English at home—a figure much higher than most similar areas—this is still far below the national average of 22.3%.
Christianity is the most common religion at 39.2%, while 34.7% of people report no religion, which is a little above the state average.
This is an exceptionally well-qualified area, with 43.6% of adults holding a bachelor degree or higher, far above the national figure of 26.3%. High school completion is also among the highest at this level, at 76.9%.
Typical weekly household incomes are far above the national figure, reaching $2,924. Nearly half of all households earn $3,000 or more each week, placing the area among the highest for income.
Residents are generally healthier than most other areas, with only 21.2% reporting a long-term health condition, which is well below the national average of 27.7%.
Unpaid care and housework rates are much lower than most areas. Notably, 17.6% of people have served in the Defence Force, a figure far above the national average of 2.8%.
There are 6 Aboriginal and Torres Strait Islander people in the area. First Nations household incomes here are far above the national average, reaching $8,000.
The area has a high proportion of people living alone at 31.9%, which is well above the national figure of 25.6%.
Housing is expensive, with typical weekly rents far above the national figure at $674. Detached houses are much less common here than in most other areas, and 42.2% of homes are owned outright.
Watsons Bay is very connected, with 41.6% of people working from home—far above the national average. Public transport stops are much more frequent here than in most similar areas.
The population is quite mobile, with 42.6% of people moving in the last five years, which is a little above the national average.
Full-time employment is much higher than most areas at 70.2%. Most residents work as managers or professionals, and the unemployment rate is very low at 2.0%.
The area is very walkable, with 100% of homes within a 15-minute walk of a park. However, no homes are within a 15-minute walk of groceries, which is far below the state average.
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