The size of Woollahra is approximately 1 km². It has 6 parks covering nearly 7% of the total area. There are 2 schools and 4 childcare centre’s located in Woollahra. The population of Woollahra in 1996 was 6,237 people. By 2001 the population was 5,959 showing a population decline of 4% in the area during that time. The predominant age group in Woollahra is 20 - 29 years.
Households in Woollahra are primarily couples with children and are likely to be repaying over $2000.00 per month on mortgage repayments. In general, people in Woollahra work in a professional occupation. In 1996, 43% of the homes in Woollahra were owner-occupied compared with 49% in 2001.
Currently the median sale price of houses in the area is $1,604,000.