Phillip Bay
Investment Score
78
/100
AI Intelligence Summary
Phillip Bay is an exclusive waterfront locality in Sydney's Eastern Suburbs, situated within Randwick City Council area. This premium residential enclave offers direct access to Botany Bay and commands some of the highest property values in the region due to its waterfront position and proximity to the CBD. The area is characterized by low-density residential development with larger blocks accommodating luxury homes and premium apartments. With limited commercial amenities, residents typically travel to nearby suburbs for shopping and services, while enjoying immediate access to waterfront recreation and being within easy reach of Eastern Suburbs beaches. The suburb attracts affluent professionals and established families seeking a prestigious address with natural amenities. Transport options are primarily road-based, with limited public transport requiring connections to major routes. The property market remains strong despite low turnover due to limited stock, with waterfront properties commanding significant premiums. Investment appeal is driven by scarcity value and the enduring desirability of waterfront Eastern Suburbs locations.
Strengths
- •Prime waterfront location with direct Botany Bay access
- •Prestigious Eastern Suburbs address with high property values
- •Low-density residential character with larger block sizes
- •Close proximity to Sydney CBD and airport
Opportunities
- •Potential for luxury residential redevelopment projects
- •Growing demand for waterfront lifestyle properties
- •Infrastructure improvements in broader Eastern Suburbs
- •Increasing appeal of work-from-home waterfront locations
Considerations
- •Limited local commercial amenities and shopping options
- •Restricted public transport connectivity
- •High property prices creating affordability barriers
- •Small suburb size limiting housing stock availability
Property Market
$2.15M
+4.2% 1yr
$1.75M
+3.8% 1yr
$1.95M
$1,150/wk
$950/wk
42
1.8%
72.0%
Price Growth
| Type | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| House | +4.2% | +18.5% | +35.2% |
| Unit | +3.8% | +16.2% | +32.1% |
Rental Yields
House Yield
2.8%
Unit Yield
3.2%
Townhouse Yield
3.0%
Investment Scorecard
Demand/Supply Ratio: 2.10
Demand exceeds supply — favourable for sellers
Tax & Financial Intelligence
CPA-grade analysis for Phillip Bay at median house price
+8% surcharge
$1150/wk
Negatively geared
Reduces taxable income
~$1,241/week
Based on 7.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR
5-Year Hold
10-Year Hold
Investor Quick Summary
Entry cost (stamp duty)
$100,640
After-tax yield
1.71%
Weekly holding cost
$1241/wk
10yr CGT (est.)
$386,845
Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.
Demographics
450
42
$145K
per annum
68.0%
52.0%
48.0%
3.2%
35.0%
Dwelling Mix
Lifestyle & Community
8
6
1
13.0 km
Nearest Station: Green Square Station
Premium waterfront living with access to boating, fishing, and water sports, complemented by proximity to Eastern Suburbs beaches and recreational facilities.
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Data sourced from multiple sources. Last updated 28 March 2026.