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Opening a retail store in Double Bay, Sydney

Research guide for entrepreneurs — engine scores, top incumbents, market gaps, and what to validate at your exact address before you sign a lease.

retail store score

63/100

Verdict

CAUTION

What the engine says about Double Bay

Demand 8/10: ultra-high income demographic with strong appetite for premium café, dining, and retail.

Demand 8/10: ultra-high income demographic with strong appetite for premium café, dining, and retail.

Rent 8/10: premium — conservative unit economics required to absorb $12,000–$18,000/month rents.

Demand

8/10

Rent pressure

8/10 (lower is better)

Competition

5/10 (lower is better)

Top 10 retail stores in Double Bay

Ranked by success score (Google rating, review volume, prominence) within ~1500m of the suburb centre — not a directory browse, but incumbents worth studying before you open.

  1. 1. Reads of Woollahra Reads Online

    ★★★★½ 4.8 (96 reviews)

    Strong 4.8★ average with solid review depth — customers actively recommend this retail.

  2. 2. Enlace Fashion Double Bay

    ★★★★★ 5.0 (34 reviews)

    Above-average 5.0★ rating shows the offer resonates with local trade. Central position captures pass-by and destination traffic.

  3. 3. Louise Mitchell

    ★★★★☆ 4.4 (31 reviews)

    Above-average 4.4★ rating shows the offer resonates with local trade. Central position captures pass-by and destination traffic.

  4. 4. ELIZABETH K

    ★★★★☆ 4.1 (23 reviews)

    Above-average 4.1★ rating shows the offer resonates with local trade. Central position captures pass-by and destination traffic.

  5. 5. Sportscraft Double Bay

    ★★★★½ 4.6 (15 reviews)

    Above-average 4.6★ rating shows the offer resonates with local trade. Central position captures pass-by and destination traffic.

  6. 6. Husk Double Bay

    ★★★★☆ 4.1 (12 reviews)

    Above-average 4.1★ rating shows the offer resonates with local trade. Central position captures pass-by and destination traffic.

  7. 7. Scanlan Theodore

    ★★★☆☆ 3.3 (23 reviews)

    Visible local operator within walking distance of the suburb centre. Central position captures pass-by and destination traffic.

  8. 8. Style Me Fashion Agency

    ★★★★★ 5.0 (5 reviews)

    Above-average 5.0★ rating shows the offer resonates with local trade. Central position captures pass-by and destination traffic.

  9. 9. APT57

    ★★★★★ 5.0 (5 reviews)

    Above-average 5.0★ rating shows the offer resonates with local trade. Central position captures pass-by and destination traffic.

  10. 10. Edward Meller

    ★★★★☆ 4.0 (5 reviews)

    Above-average 4.0★ rating shows the offer resonates with local trade. Central position captures pass-by and destination traffic.

Full business intelligence for Double Bay

Possible gaps for a new retail store

  • Service-led retail (phone repair, alterations, or plant studio)

    Product-only retail is crowded online — hands-on services tied to a high-street address defend against e-commerce.

Why businesses succeed — and fail — in Double Bay

Strengths

  • Strong suburb-level demand signals
  • Relatively stable year-round trade (low seasonality risk)
  • High average customer ratings — the catchment rewards quality execution

Risks

  • Premium rent — margins need a high-ticket or high-volume model
  • Several incumbents with 4.4★+ and deep review counts set a high quality bar

Thinking of opening a retail store in Double Bay?

These rankings show existing businesses at suburb-centre level. A Locatalyze report analyses your exact address — expected revenue, costs, profitability, competition within 500m, and investment risk before you sign a lease.

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