Sydney (North) - Millers Point
Statistical Area - sa2

Sydney (North) - Millers Point has seen population growth performance typically on par with national averages when looking at short and medium term trends

Sydney North's Millers Point population is approximately 9,789 as of Aug 2025. This figure reflects a growth of 1,785 people since the 2021 Census, which reported a population of 8,004. The change is inferred from ABS' estimated resident population of 8,927 in Jun 2024 and an additional 1,247 validated new addresses since the Census date. This results in a population density of 3,049 persons per square kilometer, placing Millers Point in the upper quartile nationally according to AreaSearch's assessment. The area's 22.3% growth since 2021 exceeds both the state average (6.4%) and metropolitan area growth, indicating it as a significant regional growth leader. Overseas migration contributed approximately 93.3% of overall population gains in recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government's SA2 level projections are utilized, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Future population trends predict exceptional growth, placing Millers Point in the top 10 percent nationally, with an expected increase of 9,250 persons by 2041 based on current numbers, recording a total gain of 85.5% over the 17 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Sydney (North) - Millers Point, placing the area among the bottom 25% of areas assessed nationally

Sydney's North - Millers Point has seen around 68 dwelling approvals annually. The Australian Bureau of Statistics provides data on a financial year basis. Over the past five years, from FY-21 to FY-25, approximately 341 homes received approval. No approvals have been recorded yet in FY-26.

On average, 0.1 person per dwelling has moved into the area annually over these five years. This suggests new construction is meeting or exceeding demand, offering buyers more options and potentially driving population growth beyond current projections. The average expected construction cost of new dwellings is $4,656,000, indicating a focus on premium properties.

Commercial approvals have reached $1215.5 million in the current financial year, reflecting high levels of local commercial activity. Compared to Greater Sydney, Millers Point records elevated construction, balancing buyer choice with property value support, though recent periods show moderating development activity. All recent development has been townhouses or apartments, creating more affordable entry points for downsizers, investors, and first-home buyers. By 2041, projections estimate an additional 8,374 residents in Sydney's North - Millers Point. At current development rates, housing supply may struggle to keep pace with population growth, potentially heightening buyer competition and supporting price increases.

Sydney (North) - Millers Point has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 121 projects potentially affecting the area. Notable projects include Barangaroo Precinct, Western Harbour Tunnel (affecting Northern Beaches access), Eastern Distributor M1 maintenance and upgrades, and Sydney Metro West. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Employment performance in Sydney (North) - Millers Point has been broadly consistent with national averages

Sydney's North - Millers Point has a highly educated workforce with professional services being strongly represented. The unemployment rate was 3.7% as of June 2025.

This is 0.5% below Greater Sydney's rate of 4.2%. Workforce participation in the area was 67.1%, compared to Greater Sydney's 60.0%. Key industries of employment among residents are professional & technical, finance & insurance, and accommodation & food. Finance & insurance employs 2.5 times more workers than the regional level, while health care & social assistance employs 7.6% of local workers, below Greater Sydney's 14.1%.

There were 36.3 workers for every resident as at the Census, indicating it functions as an employment hub attracting workers from surrounding areas. During the year to June 2025, employment levels increased by 0.4% and labour force increased by 0.5%, causing the unemployment rate to rise by 0.1 percentage points. In contrast, Greater Sydney experienced employment growth of 2.6% and labour force growth of 2.9%. As of Sep-25, NSW employment contracted by 0.41% (losing 19,270 jobs), with the state unemployment rate at 4.3%. National employment forecasts from May 2025 project national employment to expand by 6.6% over five years and 14.5% over ten years. Applying these projections to Sydney's North - Millers Point suggests local growth of approximately 7.4%% over five years and 14.5% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

Sydney (North) - Millers Point has one of the highest income levels nationally according to latest ATO data aggregated by AreaSearch for financial year 2022. Its median income among taxpayers is $42,947 and average income stands at $107,588. This compares with Greater Sydney's median income of $56,994 and average income of $80,856. Based on Wage Price Index growth of 10.6% since financial year 2022, current estimates for Millers Point are approximately $47,499 (median) and $118,992 (average) as of March 2025. According to the 2021 Census, household, family and personal incomes in Sydney (North) - Millers Point rank highly nationally, between the 90th and 98th percentiles. Income brackets show that 33.6% of residents earn over $4,000 weekly, compared to the surrounding region where the $1,500 - $2,999 bracket leads at 30.9%. Higher earners make up a substantial presence with 44.4% exceeding $3,000 weekly. High housing costs consume 21.3% of income, but strong earnings place disposable income at the 82nd percentile nationally. The area's SEIFA income ranking places it in the 10th decile.

Sydney (North) - Millers Point features a more urban dwelling mix with significant apartment living, with above-average rates of outright home ownership

Dwelling structure in Sydney (North) - Millers Point, as per the latest Census, had 0.7% houses and 99.3% other dwellings such as semi-detached homes, apartments, and 'other' dwellings, compared to Sydney metropolitan area's 2.3% houses and 97.7% other dwellings. Home ownership in Sydney (North) - Millers Point stood at 19.3%, with mortgaged properties at 13.0% and rented ones at 67.6%. The median monthly mortgage repayment was $3,000, higher than the Sydney metro average of $2,705. Median weekly rent in the area was $640, compared to Sydney metro's $550. Nationally, mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.

Sydney (North) - Millers Point features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households account for 48.6% of all households, consisting of 9.1% couples with children, 35.1% couples without children, and 3.2% single parent families. Non-family households comprise the remaining 51.4%, with lone person households at 44.6% and group households making up 6.7% of the total. The median household size is 1.8 people, which is smaller than the Greater Sydney average of 1.9.

Sydney (North) - Millers Point shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Sydney (North) - Millers Point is significantly higher than broader benchmarks. 64.4% of residents aged 15 and above hold university qualifications, compared to 30.4% nationally and 32.2% in NSW. Bachelor degrees are the most common at 40.5%, followed by postgraduate qualifications (20.6%) and graduate diplomas (3.3%). Vocational pathways account for 18.2% of qualifications among those aged 15 and above, with advanced diplomas making up 11.3% and certificates 6.9%.

Educational participation is high, with 25.1% of residents currently enrolled in formal education. This includes 9.4% in tertiary education, 2.7% in secondary education, and 2.6% pursuing primary education. There are eight schools operating within Sydney (North) - Millers Point, educating approximately 2,808 students. The area has above-average socio-educational conditions, with an ICSEA score of 1073. The educational mix includes two primary schools, three secondary schools, and three K-12 schools. Sydney (North) - Millers Point functions as an education hub, with 28.7 school places per 100 residents, significantly above the regional average of 7.7. This attracts students from surrounding communities. Note: where schools show 'n/a' for enrolments, please refer to the parent campus.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis shows that in Sydney's North - Millers Point area, there are 132 active public transport stops. These stops offer a variety of services including ferry, train, light rail, and bus routes. There are 139 individual routes operating, serving a total of 69,965 weekly passenger trips.

The accessibility of these services is rated as excellent, with residents on average being located just 108 meters from the nearest transport stop. On a daily basis, there are an average of 9,995 trips made across all routes, which equates to approximately 530 weekly trips per individual stop.

Sydney (North) - Millers Point's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Sydney (North) - Millers Point shows excellent health outcomes with a low prevalence of common conditions across all ages. Private health cover is high at approximately 75% of its total population of 7,312 people, compared to 69.7% in Greater Sydney and the national average of 55.3%. The most prevalent medical conditions are asthma (5.3%) and mental health issues (5.1%).

A majority of residents, 80.1%, report having no medical ailments, higher than Greater Sydney's 77.4%. Seniors aged 65 and over comprise 14.8% of the population (1,450 people), more than Greater Sydney's 9.7%. Health outcomes among seniors are strong, similar to those of the general population.

Sydney (North) - Millers Point is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Sydney North's Millers Point has high cultural diversity, with 40.6% speaking a language other than English at home and 58.6% born overseas. Christianity is the predominant religion at 39.4%. Judaism is overrepresented at 0.9%, compared to Greater Sydney's 1.1%.

Top ancestry groups are English (19.1%), Other (17.9%), and Chinese (13.8%). Notably, Russian (1.1% vs regional 0.8%), Korean (1.8% vs 1.1%), and French (1.0% vs 1.1%) are overrepresented.

Sydney (North) - Millers Point's population is slightly younger than the national pattern

The median age of Sydney (North) - Millers Point is 37 years, which matches Greater Sydney's figure and is comparable to Australia's national median age of 38 years. The 25-34 age group makes up a strong 29.4% of the population in Millers Point, compared to Greater Sydney's percentage, while the 5-14 cohort is less prevalent at 2.4%. This concentration of the 25-34 age group is significantly higher than the national average of 14.5%. Between 2021 and the present day, the proportion of the population aged 25 to 34 has increased from 28.0% to 29.4%, while the 75 to 84 age group has grown from 4.9% to 6.0%. Conversely, the 35 to 44 age group has decreased from 18.5% to 17.2%, and the 65 to 74 age group has dropped from 8.7% to 7.5%. Looking ahead to 2041, demographic projections indicate significant shifts in Millers Point's age structure. Notably, the 35 to 44 age group is projected to grow by 143%, adding 2,409 people and reaching a total of 4,094 from its current figure of 1,684.