McMahons Point

An assessment of population growth drivers in McMahons Point reveals an overall ranking slightly below national averages considering recent, and medium term trends

As of February 2026, the population of McMahons Point is estimated at around 2,533 people. This reflects an increase of 218 individuals since the 2021 Census, which recorded a population of 2,315. The current population estimate is inferred from AreaSearch's validation of new addresses and examination of ABS data released in June 2024. This growth equates to a density ratio of 7,237 persons per square kilometer, placing McMahons Point in the top 10% of national locations assessed by AreaSearch. The suburb's population growth since the 2021 Census (9.4%) exceeded both its SA3 area (5.6%) and SA4 region, marking it as a growth leader. Overseas migration contributed approximately 84.0% of overall population gains during recent periods.

Future projections for McMahons Point, based on ABS/Geoscience Australia data released in 2024 with a 2022 base year, forecast significant population increase. By 2041, the suburb's population is expected to expand by 735 persons, reflecting an overall increase of 28.9% over the 17-year period.

The level of residential development activity in McMahons Point is very low in comparison to the average area assessed nationally by AreaSearch

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, shows that McMahons Point has experienced around 1 dwelling receiving development approval annually.

The population has fallen over the past period, but development activity has been adequate in relative terms. Compared to Greater Sydney, McMahons Point records markedly lower building activity, which typically strengthens demand and prices for existing properties. This is also below average nationally, reflecting the area's maturity and possible planning constraints.

McMahons 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 has identified one major project likely affecting this region: Affinity Place, East Walker Residences, MLC Building North Sydney - Adaptive Reuse (105-153 Miller Street), and Victoria Cross Station and Tower are key projects, with the following list focusing on those most relevant.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The employment landscape in McMahons Point shows performance that lags behind national averages across key labour market indicators

McMahons Point has a highly educated workforce. The technology sector is particularly well-represented. As of December 2025, the unemployment rate was 4.6%.

Over the past year, employment remained relatively stable. This rate is 0.4% higher than Greater Sydney's rate of 4.2%. Workforce participation is similar to Greater Sydney's 70.2%. According to Census responses, 64.2% of residents work from home.

Dominant employment sectors include professional & technical, health care & social assistance, and finance & insurance. The area specializes in professional & technical jobs, with an employment share twice the regional level. Retail trade has limited presence, at 4.2%, compared to the regional average of 9.3%. There are 3.1 workers for every resident, indicating that McMahons Point functions as an employment hub attracting workers from surrounding areas. Between December 2024 and December 2025, employment levels increased by 0.4% and labour force grew by 1.1%, causing the unemployment rate to rise by 0.7 percentage points. National employment forecasts from Jobs and Skills Australia suggest that McMahons Point's employment should increase by 7.8% over five years and 15.3% over ten years, based on industry-specific projections applied to the local employment mix.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

The suburb of McMahons Point had one of the highest income levels nationally according to AreaSearch's aggregation of latest ATO data for the financial year 2023. The median income among taxpayers in McMahons Point was $79,793 and the average income stood at $142,709. These figures compared to Greater Sydney's median income of $60,817 and average income of $83,003 respectively. Based on Wage Price Index growth of 8.86% since financial year 2023, estimated incomes for McMahons Point as of September 2025 would be approximately $86,863 (median) and $155,353 (average). Census data from 2021 showed that income levels in McMahons Point ranked highly nationally, with household, family, and personal incomes all falling between the 91st and 99th percentiles. Income brackets indicated that 35.5% of the population (899 individuals) had incomes within the $4000+ range, differing from the regional norm where the $1,500 - 2,999 category predominated at 30.9%. A substantial proportion, 46.3%, earned more than $3,000 weekly, reflecting strong purchasing power within the community. Despite high housing costs consuming 15.9% of income, disposable income remained at the 91st percentile nationally. The area's SEIFA income ranking placed it in the 10th decile.

McMahons Point features a more urban dwelling mix with significant apartment living, with above-average rates of outright home ownership

McMahons Point's dwelling structures, as per the latest Census, consisted of 13.1% houses and 87.0% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Sydney metro's 55.9% houses and 44.1% other dwellings. Home ownership in McMahons Point stood at 32.4%, with mortgaged dwellings at 14.6% and rented ones at 53.0%. The median monthly mortgage repayment was $3,000, surpassing Sydney metro's average of $2,427. Median weekly rent in McMahons Point was $580, higher than Sydney metro's $470. Nationally, McMahons Point's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

McMahons Point features high concentrations of lone person households, with a lower-than-average median household size

Family households constitute 52.7% of all households, including 13.7% couples with children, 33.5% couples without children, and 4.1% single parent families. Non-family households comprise the remaining 47.3%, with lone person households at 44.1% and group households making up 3.0%. The median household size is 1.8 people, which is smaller than the Greater Sydney average of 2.7.

Educational achievement in McMahons Point places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

McMahons Point has a notably high level of educational attainment among its residents aged 15 and above, with 68.8% holding university qualifications. This figure exceeds the national average of 30.4% and the state average of 32.2%. The area's educational advantage is evident in the variety of qualifications held by its residents. Bachelor degrees are the most common at 40.9%, followed by postgraduate qualifications at 23.2% and graduate diplomas at 4.7%.

Vocational pathways account for 16.8% of qualifications, with advanced diplomas making up 8.5% and certificates 8.3%. Notably, 20.8% of the population is actively pursuing formal education. This includes 8.5% in tertiary education, 3.7% in secondary education, and 3.4% pursuing primary education.

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

Public transport analysis shows 23 active transport stops operating within McMahons Point. These comprise a mix of ferry and bus services. They are serviced by 10 individual routes, collectively providing 3904 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 113 meters from the nearest stop. Most residents commute outward. Car remains the dominant mode at 56%, with 17% using train and 14% walking.

Vehicle ownership averages 0.6 per dwelling, below the regional average. A high 64.2% of residents work from home (2021 Census; may reflect COVID-19 conditions). Service frequency averages 557 trips per day across all routes, equating to approximately 169 weekly trips per individual stop.

McMahons Point's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data shows excellent results for McMahons Point based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The area has very low prevalence of common health conditions across all age groups. Approximately 83% of the total population (2,103 people) have private health cover, compared to 59.9% in Greater Sydney and a national average of 55.7%.

Asthma and arthritis are the most common medical conditions, affecting 6.8 and 6.5% of residents respectively. About 73.3% of residents report being completely clear of medical ailments, compared to 74.6% in Greater Sydney. The under-65 population has better than average health outcomes. McMahons Point has 24.0% of residents aged 65 and over (607 people), higher than the 15.4% in Greater Sydney. Health outcomes among seniors are strong, with national rankings broadly in line with the general population.

The level of cultural diversity witnessed in McMahons Point was found to be above average when compared nationally for a number of language and cultural background related metrics

McMahons Point had a higher cultural diversity than most local areas, with 17.4% speaking a language other than English at home and 37.0% born overseas. Christianity was the predominant religion, comprising 42.5%. Judaism was slightly overrepresented at 0.9%, compared to 0.8% in Greater Sydney.

The top three ancestry groups were English (29.3%), Australian (16.9%), and Irish (11.4%). Notably, French (1.1%) Polish (1.2%), and Scottish (9.7%) were also overrepresented compared to regional averages of 0.5%, 0.6%, and 4.8% respectively.

McMahons Point hosts a notably older demographic compared to the national average

McMahons Point has a median age of 44, higher than Greater Sydney's figure of 37 and the national norm of 38. The 55-64 age group makes up 15.2% of McMahons Point's population, compared to Greater Sydney's figure. However, the 5-14 cohort is less prevalent at 4.0%. According to the 2021 Census, the 75-84 age group has grown from 8.0% to 9.8% of McMahons Point's population. Conversely, the 25-34 cohort has declined from 19.9% to 17.6%. By 2041, demographic modeling suggests McMahons Point's age profile will change significantly. The 75-84 group is projected to grow by 76%, reaching 438 people from the current 248. This aging population trend is evident, with those aged 65 and above comprising 66% of the projected growth. Meanwhile, the 0-4 cohort is projected to decline by 3 people.