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 Feb 2026, the population of McMahons Point is estimated at around 2,533, reflecting an increase of 218 people since the 2021 Census which reported a population of 2,315. This growth was inferred from AreaSearch's estimate of 2,531 residents following examination of ABS's latest ERP data release in June 2024 and validation of four new addresses since the Census date. The suburb's population density is 7,237 persons per square kilometer, placing it within the top 10% of national locations assessed by AreaSearch. McMahons Point's growth rate of 9.4% since the 2021 census exceeded both its SA3 area (5.6%) and SA4 region, indicating its status as a growth leader. Overseas migration contributed approximately 84.0% 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, and NSW State Government's SA2 level projections released in 2022 with a base year of 2021 for areas not covered by the former data.

Future population trends forecasted for McMahons Point indicate a significant increase in the top quartile of national statistical areas, with an expected expansion of 751 persons to 2041 based on aggregated SA2-level projections, reflecting a total increase of 29.9% over the 17 years.

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 McMahons Point has experienced around 1 dwelling receiving development approval annually.

Population has fallen over the past period. Development activity has been adequate in relative terms, which is positive for buyers compared to Greater Sydney where building activity is markedly higher. This scarcity of new homes typically strengthens demand and prices for existing properties. Nationally, McMahons Point's activity is below average, 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 most relevant detailed below.

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, with the technology sector notably represented. Its unemployment rate is 4.9%, as per AreaSearch's aggregation of statistical area data. As of September 2025, 1,610 residents are employed, with an unemployment rate of 4.9% compared to Greater Sydney's 4.2%.

Workforce participation stands at 73.0%, slightly higher than Greater Sydney's 70.0%. According to Census responses, 64.2% of residents work from home, though Covid-19 lockdown impacts should be considered. Employment is concentrated in professional & technical (2.0 times the regional average), health care & social assistance, and finance & insurance sectors. Retail trade is under-represented, with only 4.2% of McMahons Point's workforce compared to Greater Sydney's 9.3%.

The area hosts more jobs than residents, with a ratio of 3.1 workers per resident. Between September 2024 and September 2025, the labour force increased by 0.5%, while employment decreased by 0.7%, leading to a rise in unemployment rate by 1.2 percentage points. In comparison, Greater Sydney saw employment grow by 2.1% and labour force expand by 2.4%, with a smaller increase of 0.2 percentage points in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to McMahons Point's employment mix suggests local employment should increase by 7.8% over five years and 15.3% over ten years, based on a simple weighting extrapolation for illustrative purposes.

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

AreaSearch's latest postcode level ATO data for financial year ended June 2023 shows median income in McMahons Point suburb is $79,793 and average income is $142,709. This contrasts with Greater Sydney's median income of $60,817 and average income of $83,003. Based on Wage Price Index growth rate of 8.86% from financial year ended June 2023 to September 2025, estimated median income is approximately $86,863 and average income is around $155,353 as of September 2025. Census data from 2021 shows incomes in McMahons Point rank highly nationally, with household, family and personal incomes between the 91st and 99th percentiles. The earnings profile indicates that 35.5% of locals (899 people) earn $4000 or more weekly, differing from the broader area where the $1,500 - $2,999 category predominates at 30.9%. Notably, 46.3% earn above $3,000 weekly. High housing costs consume 15.9% of income, yet strong earnings place disposable income at the 91st percentile nationally. The area's SEIFA income ranking places 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 structure, as per the latest Census, consisted of 13.1% houses and 87.0% other dwellings (semi-detached, apartments, 'other' dwellings). In contrast, Sydney metro had 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, higher than Sydney metro's average of $2,427. Median weekly rent in McMahons Point was $580, compared to Sydney metro's $470. Nationally, mortgage repayments averaged $1,863 and rents were $375.

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

Family households account for 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 constitute the remaining 47.3%, with lone person households at 44.1% and group households comprising 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 residents aged 15+ have a higher educational attainment than national and state averages. 68.8% hold university qualifications, compared to 30.4% in Australia and 32.2% in NSW. Bachelor degrees are the most common at 40.9%, followed by postgraduate qualifications (23.2%) and graduate diplomas (4.7%). Vocational pathways account for 16.8% of qualifications, with advanced diplomas at 8.5% and certificates at 8.3%.

A significant portion, 20.8%, is actively pursuing formal education. This includes 8.5% in tertiary education, 3.7% in secondary education, and 3.4% in primary education.

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

The analysis of public transportation in McMahons Point indicates that there are currently 23 operational transport stops. These comprise a mix of ferry and bus services, which are operated by 10 different routes. Collectively, these routes facilitate 3,904 weekly passenger trips. The accessibility to transport within the area is considered excellent, with residents typically residing approximately 113 meters from their nearest transport stop. As it is primarily a residential area, most commuters travel outward from McMahons Point. The dominant mode of transportation for these commuters is the car, used by 56% of residents.

Train use accounts for 17%, while walking is preferred by 14%. On average, there are 0.6 vehicles per dwelling in the area, which is below the regional average. According to the 2021 Census, a high proportion of residents work from home, with this figure standing at 64.2%. This may be partly attributed to COVID-19 conditions. The service frequency across all routes averages 557 trips per day, 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 a 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 declare themselves 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 23.9% of residents aged 65 and over (605 people), higher than the 15.4% in Greater Sydney. Health outcomes among seniors are particularly strong, broadly in line with national rankings for 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 was found to have a higher cultural diversity than most local areas, with 17.4% of its population speaking a language other than English at home and 37.0% born overseas. Christianity is the predominant religion in McMahons Point, comprising 42.5% of people. However, Judaism is notably overrepresented, making up 0.9% compared to 0.8% across Greater Sydney.

In terms of ancestry, English is the most represented group at 29.3%, substantially higher than the regional average of 19.0%. Australian and Irish ancestry also have significant representation at 16.9% and 11.4% respectively, both higher than their regional averages of 15.8% and 6.1%. Notably, French (1.1% vs 0.5%), Polish (1.2% vs 0.6%) and Scottish (9.7% vs 4.8%) ancestry are also overrepresented in McMahons Point compared to regional averages.

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

The median age in McMahons Point is 45 years, significantly higher than Greater Sydney's average of 37 years and Australia's national average of 38 years. Compared to Greater Sydney, McMahons Point has a higher percentage of residents aged 55-64 (15.0%) but fewer residents aged 5-14 (3.9%). According to the 2021 Census, the population aged 75 to 84 increased from 8.0% to 9.8%, while the percentage of those aged 25 to 34 decreased from 19.9% to 17.2%. The 45 to 54 age group also saw a decrease, from 13.2% to 12.0%. By 2041, demographic projections indicate significant changes in McMahons Point's age structure. Notably, the 75 to 84 age group is projected to grow by 77%, reaching 439 people from 248. The combined age groups of 65 and above will account for 66% of total population growth, reflecting the area's aging demographic profile. In contrast, the 0 to 4 age group is projected to decrease by 2 residents.