Milsons Point

Milsons Point lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, the population of Milsons Point is estimated at around 2,823 as of Feb 2026. This reflects an increase of 294 people (11.6%) since the 2021 Census, which reported a population of 2,529 people. The change is inferred from the resident population of 2,817, estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 116 validated new addresses since the Census date. This level of population equates to a density ratio of 14,115 persons per square kilometer, which lies in the top 10% of national locations assessed by AreaSearch, making land in the area a highly-sought resource. The suburb's 11.6% growth since the 2021 census exceeded the SA3 area (5.6%), along with the SA4 region, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration that contributed approximately 84.0% of overall population gains during recent periods.

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 Australian statistical areas is forecast, with the suburb expected to increase by 906 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 29.9% in total over the 17 years.

Residential development activity is lower than average in Milsons Point according to AreaSearch's national comparison of local real estate markets

Milsons Point has seen only 2 residential development approvals in the past five years. This indicates that the area is largely built out with minimal vacant land available for new developments. Established areas like Milsons Point typically see steady demand for existing properties due to limited new-build alternatives.

Compared to Greater Sydney, Milsons Point records significantly lower building activity, 93.0% below the regional average per person. This constrained new construction often reinforces demand and pricing for existing homes in such areas. The level of building activity is also below the national average, reflecting the area's maturity and suggesting possible planning constraints may be in place.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified three projects likely to impact the area: Kurraba Point Luxury Development by PB & Co, Affinity Place, Warada on Walker, and Warringah Freeway Upgrade. The following list details those most relevant.

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

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Employment performance in Milsons Point exceeds national averages across key labour market indicators

Milsons Point has a highly educated workforce with notable representation in the technology sector. Its unemployment rate is 3.3%, as per AreaSearch's aggregation of statistical area data. As of September 2025, 1,781 residents are employed, with an unemployment rate of 0.9% lower than Greater Sydney's 4.2%.

Workforce participation in Milsons Point is broadly similar to Greater Sydney's 70.0%. According to Census responses, 70.5% of residents work from home, though Covid-19 lockdown impacts should be considered. Key industries for employment among residents are professional & technical, finance & insurance, and health care & social assistance. Milsons Point has a particular specialization in professional & technical jobs, with an employment share 2.1 times the regional level.

Conversely, construction is under-represented at 4.4% compared to Greater Sydney's 8.6%. With a ratio of 3.8 workers per resident, as recorded during the Census, Milsons Point functions as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. Over a 12-month period ending in September 2025, labour force increased by 0.2% while employment declined by 0.7%, leading to a rise in unemployment of 0.9 percentage points. In contrast, Greater Sydney saw employment grow by 2.1% and labour force expand by 2.4%. Jobs and Skills Australia's national employment forecasts from May-25 offer insights into potential future demand within Milsons Point. These projections estimate national employment growth at 6.6% over five years and 13.7% over ten years. Applying these industry-specific projections to Milsons Point's employment mix suggests local employment should increase by 7.7% over five years and 15.1% over ten years, though these are simple weighting extrapolations for illustrative purposes and do 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

AreaSearch's latest postcode level ATO data for financial year ending June 2023 shows that Milsons Point suburb has top percentile national incomes. The median assessed income is $89,480 and the average income stands at $160,033. This contrasts with Greater Sydney's median income of $60,817 and average income of $83,003. Based on Wage Price Index growth of 8.86% from financial year ending June 2023 to September 2025, estimated incomes would be approximately $97,408 (median) and $174,212 (average). Census 2021 income data shows household, family, and personal incomes in Milsons Point rank highly nationally, between the 98th and 99th percentiles. The earnings profile indicates that 42.6% of individuals earn more than $4,000 annually (1,202 individuals), differing from the broader area where the $1,500 - $2,999 category is predominant at 30.9%. Economic strength is evident with 55.0% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. High housing costs consume 15.9% of income, but strong earnings place disposable income at the 97th percentile nationally. The area's SEIFA income ranking places it in the 10th decile.

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

In Milsons Point, as per the latest Census, all dwellings were semi-detached, apartments, or 'other', with none being houses. This contrasts with Sydney metro's 55.9% houses and 44.1% other dwellings. Home ownership in Milsons Point was 28.9%, similar to Sydney metro. Mortgaged dwellings were 13.9%, rented ones 57.2%. The median monthly mortgage repayment was $2,800, higher than Sydney metro's $2,427. Median weekly rent was $750, compared to Sydney metro's $470. Nationally, Milsons Point's mortgage repayments were significantly higher at $1,863 and rents substantially above the national average of $375.

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

Family households account for 57.1% of all households, including 12.3% couples with children, 37.5% couples without children, and 6.2% single parent families. Non-family households constitute the remaining 42.9%, with lone person households at 40.4% and group households comprising 2.4% of the total. The median household size is 1.8 people, which is smaller than the Greater Sydney average of 2.7.

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

Milsons Point's educational attainment is notably higher than national averages. Among residents aged 15+, 68.7% possess university qualifications, surpassing Australia's 30.4% and NSW's 32.2%. Bachelor degrees are the most common (41.5%), followed by postgraduate qualifications (23.1%) and graduate diplomas (4.1%). Vocational pathways account for 15.8%, with advanced diplomas at 9.5% and certificates at 6.3%.

Currently, 20.3% of the population is actively engaged in formal education. This includes 8.3% in tertiary education, 3.7% in secondary education, and 3.1% pursuing primary education.

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

Milsons Point has 17 active public transport stops offering a mix of ferry, train, and bus services. These stops are served by 45 individual routes, collectively facilitating 10,351 weekly passenger trips. Residents enjoy excellent transport accessibility, with an average distance of 68 meters to the nearest stop. The area is primarily residential, with most residents commuting outward. Cars remain the dominant mode of transport at 54%, followed by trains at 28% and walking at 11%. Vehicle ownership averages 0.4 per dwelling, below the regional average.

According to the 2021 Census, a high 70.5% of residents work from home, which may reflect COVID-19 conditions. Service frequency across all routes averages 1,478 trips per day, equating to approximately 608 weekly trips per individual stop.

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

Milsons Point shows excellent health outcomes based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are very low across all age groups. Approximately 90% of Milsons Point's total population (2,535 people) has private health cover, compared to 59.9% in Greater Sydney and a national average of 55.7%.

The most prevalent conditions are arthritis (5.7%) and mental health issues (5.5%). 76.2% of residents report being completely free from medical ailments, slightly higher than the 74.6% in Greater Sydney. Milsons Point has a higher proportion of seniors aged 65 and over at 24.5% (691 people), compared to 15.4% in Greater Sydney. Health outcomes among seniors are strong, aligning with national rankings for the general population.

Milsons 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

Milsons Point has high cultural diversity, with 36.7% speaking a language other than English at home and 54.0% born overseas. Christianity is the predominant religion, accounting for 43.7%. Judaism is overrepresented at 0.9%, compared to Greater Sydney's 0.8%.

The top three ancestry groups are English (20.7%), Chinese (17.1%), and Other (13.4%). French (1.1%) Spanish (1.0%) and Korean (1.6%) are notably overrepresented compared to regional averages of 0.5%, 0.6% and 1.1% respectively.

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

Milsons Point has a median age of 44, which is higher than Greater Sydney's figure of 37 and significantly exceeds the national norm of 38. The age group of 65-74 shows strong representation at 12.9%, compared to Greater Sydney, while the 5-14 cohort is less prevalent at 3.4%. According to the 2021 Census, the 75 to 84 age group has increased from 8.0% to 9.5% of the population. Conversely, the 25 to 34 cohort has decreased from 21.0% to 18.1%. Demographic projections suggest that Milsons Point's age profile will change significantly by 2041. Leading this shift, the 75 to 84 group is projected to grow by 76%, reaching 473 people from 268. The aging population trend is evident, with those aged 65 and above comprising 70% of projected growth. Meanwhile, the 0 to 4 cohort is projected to decline by 3 people.