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 November 2025, McMahons Point's population is estimated around 2,633, reflecting a 13.7% increase since the 2021 Census which reported 2,315 residents. This growth was inferred from AreaSearch's validation of new addresses and ABS ERP data release in June 2024, showing an estimated resident population of 2,491. The suburb's population density is 7,522 persons per square kilometer, placing it in the top 10% nationally according to AreaSearch. Overseas migration contributed approximately 84.0% of McMahons Point's recent population gains. For future projections until 2041, ABS/Geoscience Australia data from 2024 with a 2022 base year is used for covered areas, and NSW State Government SA2 level projections from 2022 with a 2021 base year are applied to uncovered areas. A significant population increase in the top quartile of national statistical areas is forecasted, with McMahons Point expected to expand by 756 persons by 2041, reflecting a total increase of 25.4%.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. As we examine future population trends, a significant population increase in the top quartile of national statistical areas is forecast, with the area expected to expand by 756 persons to 2041 based on aggregated SA2-level projections, reflecting reflecting an increase of 25.4% in total 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

Development activity data is being compiled for McMahons Point.

Compared to Greater Sydney, McMahons Point shows substantially reduced construction activity. This scarcity of new properties typically strengthens demand and prices for existing properties in the area. This activity is also below average nationally, reflecting the area's maturity and pointing to possible planning constraints.

McMahons Point has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes in 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 detailing 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 with notable representation in the technology sector. The unemployment rate is 4.8%, according to AreaSearch's aggregation of statistical area data.

As of June 2025, 1,630 residents are employed, an unemployment rate of 0.6% higher than Greater Sydney's rate of 4.2%. Workforce participation stands at 68.2%, compared to Greater Sydney's 60.0%. Key industries for employment among residents include professional & technical, health care & social assistance, and finance & insurance. The area has a particularly high concentration in professional & technical services, with employment levels at twice the regional average.

Conversely, retail trade employs only 4.2% of local workers, below Greater Sydney's 9.3%. With a ratio of 3.1 workers per resident as of the Census, McMahons Point functions as an employment hub, hosting more jobs than residents and attracting workers from surrounding areas. Over the 12 months to June 2025, labour force levels decreased by 0.3%, while employment declined by 1.5%, causing unemployment to rise by 1.1 percentage points. This contrasts with Greater Sydney, where employment grew by 2.6% and unemployment rose by only 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 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, though this is a simplified extrapolation for illustrative purposes only and does not account for localized population projections.

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

McMahons Point's median income among taxpayers was $79,793 in financial year 2022. The average income stood at $142,709 during the same period. These figures compare to Greater Sydney's median and average incomes of $56,994 and $80,856 respectively. Based on a Wage Price Index growth rate of 12.61% since financial year 2022, current estimates suggest the median income would be approximately $89,855 and the average income around $160,705 as of September 2025. According to the 2021 Census, McMahons Point's household, family, and personal incomes all rank highly nationally, between the 91st and 99th percentiles. The earnings profile shows that 35.5% of residents (934 people) fall within the $4000+ bracket, unlike regional trends where 30.9% fall within the $1,500 - 2,999 range. Higher earners make up a substantial presence with 46.3% exceeding $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). This compares to Sydney metro's 17.9% houses and 82.1% other dwellings. Home ownership in McMahons Point was at 32.4%, with mortgaged dwellings at 14.6% and rented ones at 53.0%. The median monthly mortgage repayment was $3,000, below Sydney metro's average of $3,085. Median weekly rent in McMahons Point was $580, compared to Sydney metro's $582. Nationally, McMahons Point's mortgage repayments were significantly higher than the Australian average of $1,863, while 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 percent of all households, including 13.7 percent couples with children, 33.5 percent couples without children, and 4.1 percent single parent families. Non-family households comprise the remaining 47.3 percent, with lone person households at 44.1 percent and group households making up 3.0 percent of the total. The median household size is 1.8 people, which is smaller than the Greater Sydney average of 2.1.

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's educational attainment is notably higher than national and state averages. 68.8% of residents aged 15+ have university qualifications, compared to Australia's 30.4% and NSW's 32.2%. Bachelor degrees are the most common (40.9%), followed by postgraduate qualifications (23.2%) and graduate diplomas (4.7%). Vocational pathways account for 16.8%, with advanced diplomas at 8.5% and certificates at 8.3%.

20.8% of the population is currently engaged in formal education, including 8.5% in tertiary, 3.7% in secondary, and 3.4% in primary education. Educational facilities seem to be located outside McMahons Point's immediate boundaries, necessitating residents' use of neighboring areas for schooling.

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

McMahons Point has 16 active public transport stops. These include both ferry and bus services. There are 9 different routes operating in total.

Each week, these routes facilitate 2,686 passenger trips combined. The average distance from residents' homes to the nearest transport stop is 114 meters. On average, there are 383 trips daily across all routes, which amounts to about 167 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 across McMahons Point with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 83% of the total population (2,186 people), compared to 86.4% across Greater Sydney and the national average of 55.3%. The most common medical conditions in the area are asthma and arthritis, impacting 6.8 and 6.5% of residents respectively, while 73.3% of residents declare themselves completely clear of medical ailments compared to 75.2% across Greater Sydney.

As of 2016, the area has 23.0% of residents aged 65 and over (605 people), which is higher than the 20.1% in Greater Sydney. Health outcomes among seniors are particularly strong, performing even better than the general population in health metrics.

McMahons Point was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

McMahons Point had a higher cultural diversity than most local areas, with 17.4% of residents speaking a language other than English at home and 37.0% born overseas. Christianity was the predominant religion in McMahons Point, making up 42.5% of its population. Judaism, however, was more prevalent compared to Greater Sydney, comprising 0.9% versus 1.0%.

The top three ancestry groups were English at 29.3%, Australian at 16.9%, and Irish at 11.4%. Notably, French (1.1%), Polish (1.2%), and Scottish (9.7%) ethnicities were overrepresented compared to regional averages of 1.1%, 0.9%, and 8.0% respectively.

McMahons Point hosts an older demographic, ranking in the top quartile nationwide

McMahons Point has a median age of 44, which exceeds Greater Sydney's figure of 37 and is significantly higher than the national norm of 38. The age group of 55-64 makes up 14.8% of McMahons Point's population, compared to Greater Sydney. Conversely, the 5-14 age group comprises only 4.0%. According to the 2021 Census, the 75-84 age group has increased from 8.0% to 9.5% of the population. Meanwhile, the 25-34 cohort has decreased from 19.9% to 18.3%, and the 45-54 group has dropped from 13.2% to 12.1%. By 2041, demographic modeling suggests McMahons Point's age profile will change significantly. The 75-84 age group is projected to grow by 80%, reaching 449 people from the current 250. Those aged 65 and above are expected to account for 73% of the population growth. Conversely, the 35-44 and 0-4 age groups are anticipated to experience population declines.