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This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.
SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.
Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
est. as @ -- *
2021 Census | -- people
The median unit price in Milsons Point is $2.73m. House values have moved 0.0% a year compounded over five years.
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Milsons Point has an estimated 2,888 residents, up from 2,529 at the 2021 Census — a change of 359 people, or 14.2%. Growth has averaged 2.2% a year over five years, faster than 82% of areas nationally. 116 new addresses have been validated here since Census night. Overseas migration accounts for 84.0% of that increase. That puts 14,440 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.
Detail
In the suburb of Milsons Point, demographic evaluation combining broader ABS statistical releases with post-Census address verification indicates an estimated total of 2,888 residents as of Aug 2026. Compared to the 2021 Census baseline of 2,529 people, this represents an expansion of 359 people (14.2%). AreaSearch calculated this 2,888 resident figure following the ABS ERP release in June 2025 alongside 116 validated new addresses identified after the Census. The suburb's density reaches 14,440 persons per square kilometer, placing it among the nation's top 10% of analysed territories and underscoring intense local land demand.
Outperforming both the broader SA3 area and the wider SA4 region (5.9%), the suburb of Milsons Point recorded 14.2% growth since the 2021 census to lead regional expansion. Recent demographic gains were heavily anchored by international arrivals, with overseas migration driving approximately 84.0% of the overall increase. Projections for the suburb of Milsons Point utilise 2024 ABS/Geoscience Australia datasets with a 2022 baseline across SA2 areas, supplemented where necessary by 2022 NSW State Government releases using a 2021 base year. Forecast age-cohort rates from these models are extended across all locations from 2032 to 2041. Under these aggregated SA2-level expectations, the suburb of Milsons Point is anticipated to sit within the top quartile nationwide for expansion, gaining 850 persons to 2041 and recording a cumulative rise of 29.4% over the 16 years.
Frequently Asked Questions - Population
Detail
Residential building activity in Milsons Point has remained quiet, recording merely 2 approvals across five years. Such numbers illustrate an established, fully built-out locality presenting scarce room for greenfield or major infill projects. This limited pipeline of fresh construction tends to channel buyer interest into existing stock, often reinforcing local pricing stability. On a per-capita basis, residential approvals in Milsons Point sit 89.0% above the Greater Sydney benchmark, expanding choices across the purchasing pool. Furthermore, all recent development consents comprise medium-to-high density structures. This shift toward compact living introduces attainable price points tailored to first-home purchasers, downsizing owner-occupiers, and property investors.
Generating one dwelling approval for every 72 people approximately, Milsons Point displays the hallmarks of an expanding urban market.
Frequently Asked Questions - Development
Development applications around Milsons Point
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| Lodged | Address | Description | Type | Distance | Status |
|---|
SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
AreaSearch tracks one current infrastructure or development project inside Milsons Point, worth an estimated $100 million. A further 117 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $119.8 billion. 29 are already under construction and 46 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and communities. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.
Detail
Surrounding infrastructure investments and major urban schemes exert a powerful influence over local property and community dynamics. AreaSearch has highlighted 3 projects positioned to shape the immediate precinct. Prominent undertakings include the Kurraba Point Luxury Development by PB & Co, Affinity Place, Warada on Walker, alongside Victoria Cross Station and Tower, with key details provided below.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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.
Frequently Asked Questions - Infrastructure
Kurraba Point Luxury Development by PB & Co
Melbourne developer PB & Co's first Sydney project designed by Koichi Takada. Prime waterfront site with 10 luxury residences including 6 apartments and 4 dual occupancy residences. Designed to be carbon neutral operation.
Central Barangaroo
Central Barangaroo is the final 5.2-hectare harbourfront parcel within the Barangaroo precinct, developed by Aqualand in partnership with the NSW Government. The approved masterplan features a mix of mid-rise residential apartments (approximately 150 dwellings), a luxury hotel, retail and dining promenades, and over 50% dedicated public parklands directly connected to the Barangaroo Metro station. The Mod 9 concept proposal was approved in February 2025 with early interface works underway and completion targeted by 2030.
Waruda Kirribilli
Waruda Kirribilli is an ultra-luxury boutique residential development comprising seven whole-floor, three-bedroom waterfront residences overlooking Sydney Harbour. Developed by Stable Group with architecture by Durbach Block Jaggers, the project replaces an existing block with high-end sustainable residences currently under construction.
Palmaria
Nestled on a secluded shoreline of Sydney Harbour, Palmaria is a unique ensemble of six exquisite boutique 3-bedroom residences, including two full floor residences. Overlooking tranquil Hayes Street Beach, the development offers waterfront living with private access to the sand, mature landscaping, and premium finishes.
Glenferrie Lodge Hotel Renovation And Extension
Comprehensive refurbishment and extension of the heritage-listed Glenferrie Lodge by WINIM Developments. The approved Land and Environment Court scheme reduces existing room density to create a boutique luxury hotel with a day spa, basement parking, and high-end residential apartments. Works preserve the site's heritage character while transforming the waterfront accommodation asset.
Central Barangaroo
Central Barangaroo is the final major stage of the Barangaroo waterfront renewal, connecting Barangaroo Reserve with Barangaroo South. Delivered by Aqualand in partnership with the NSW Government, the 5.2-hectare mixed-use precinct features residential apartments, retail and hospitality destinations, a new metro entry, and over two hectares of public open space. Early works and excavation are underway following planning consents, with the first major stage targeted for completion around 2030.
Affinity Place
51-storey premium office tower by Stockland, designed by Hassell. Set to be North Sydney's tallest office building. The project features approximately 59,000 sqm of commercial and retail space, a public sky garden, and high sustainability targets including 6 Star Green Star and 5.5 Star NABERS Energy.
Wirra Neutral Bay
Boutique development of 20 luxury three-bedroom residences with expansive harbour and city skyline views, designed by MHNDU with interiors by Richards Stanisich, developed by Podia in partnership with Centennial.
1,891 residents of Milsons Point are employed, from a labour force of 1,940. Unemployment sits at 2.5%, with participation at 71.6%. Weighted for its industry mix, the area's sectors are forecast to grow about 7.7% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 7,348, about 2.5 times the resident population, so the area draws in more workers than it sends out. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.
Detail
The local labour market in Milsons Point is characterised by an exceptionally qualified talent pool with strong clustering in technology, a low jobless rate of 2.5%, and an estimated 2.5% increase in jobs over the past year per aggregated statistical area metrics. As of March 2026, employed residents stand at 1,891, while joblessness sits 1.6% lower than the 4.1% recorded for Greater Sydney. Workforce participation remains healthy at 71.6% compared to 68.9% regionally. At the Census, 70.5% of working locals indicated they carried out duties from home, though prevailing Covid-19 health restrictions provide relevant context.
Resident employment centers primarily around professional & technical services, finance & insurance, alongside health care & social assistance. Local workforce concentration is notably heavy in professional & technical fields, outpacing the wider metropolitan share by 2.1 times. Conversely, construction represents an undersized sector locally, engaging 4.4% of the workforce compared to 8.6% across Greater Sydney. Census records showed 3.8 workers present for every local resident, highlighting Milsons Point's role as a major job generator that draws substantial daily commuter inflows. Synthesised SALM and ABS figures across surrounding geographies show local employment rising 2.5% against a 2.2% labour force expansion over the 12-month period, reducing local unemployment by 0.4 percentage points. Across Greater Sydney over the same timeframe, employment climbed 1.9%, labour participation grew 1.9%, and joblessness experienced a minor decrease. Looking forward, Jobs and Skills Australia national projections from Mar-26 provide context when applied to the local workforce. Across the country, aggregate jobs are projected to rise 6.6% across five years and 13.7% over ten years, with performance varying widely by industry. When weighted against Milsons Point's sector breakdown, local employment is modeled to expand by 7.7% over five years and 15.1% over ten years (note that this illustrative weighting exercise excludes small-area demographic projections).
Frequently Asked Questions - Employment
Median household income in Milsons Point is $3,267 a week (about $170,000 a year), with median personal income at $1,866 a week. ATO records put median taxable income at $89,480 a year against an average of $160,033. The average runs 79% above the median, a wider spread than most areas and a sign of a concentrated group of high earners. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.
Detail
ATO postcode records compiled by AreaSearch for financial year 2023 place personal earnings in Milsons Point within the highest national percentile, registering a median of $89,480 and a mean of $160,033. These figures substantially exceed Greater Sydney's corresponding median of $60,817 and average of $83,003. Applying a 10.32% Wage Price Index increase since financial year 2023, contemporary levels reach approximately $98,714 (median) and $176,548 (average) as of March 2026. Across personal, family, and household measures from the Census 2021, the locality consistently achieves between the 98th and 99th percentiles nationwide.
High earners are exceptionally prevalent, with 42.6% of taxpayers (1,230 individuals) falling into the $4000+ weekly bracket, in contrast to the broader region where the $1,500 - 2,999 band leads at 30.9%. Affluence is further demonstrated by 55.0% of local households taking home more than $3,000 weekly, providing strong discretionary spending capacity. Even though accommodation takes up 15.9% of earnings, net income remains in the 97th percentile, securing a place in the 10th decile of the SEIFA index.
Frequently Asked Questions - Income
Milsons Point had 1,263 occupied dwellings at the 2021 Census, 0% detached houses and 100% apartments. 14% are owned with a mortgage, 57% rented and 29% owned outright. At that Census the median rent was $750 a week and the median mortgage repayment $2,800 a month, a total housing cost higher than 99% of areas nationally. Rent absorbs 23.0% of household income here and mortgage repayments 19.8%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.
Detail
At the latest Census, standalone houses accounted for no recorded properties in Milsons Point, with 100.0% of the residential stock comprising apartments, semi-detached properties, and alternative formats, whereas Greater Sydney registered 55.9% separate houses alongside 44.1% attached or multi-unit dwellings. Outright property ownership in Milsons Point aligned closely with the metropolitan standard at 28.9%, while 13.9% of properties were being paid off under a mortgage and 57.2% were occupied by tenants. Local financing obligations reached a median of $2,800 monthly, outpacing the Greater Sydney median of $2,427 and the national figure of $1,863.
In the rental sector, median payments of $750 per week stood well above the metropolitan benchmark of $470 and the Australian standard of $375.
Frequently Asked Questions - Housing
Milsons Point counted 1,263 households at the 2021 Census, an estimated 1,442 today, averaging 1.8 people each. 12% are couples with children, fewer than in 96% of areas nationally, against 38% couples without children. 40% of households are people living alone, and families average 1.0 children. Household and family composition is measured only by the Census, so these are 2021 figures.
Detail
Families constitute 57.1% of all local households, divided into couples without children at 37.5%, couples with offspring at 12.3%, and single parent arrangements at 6.2%. The balance of 42.9% represents non-family living situations, led by solo occupants at 40.4% and shared group accommodation at 2.4%. Reflecting these demographics, the median household comprises 1.8 people, which is noticeably below the Greater Sydney average of 2.7.
Frequently Asked Questions - Households
68.7% of adults in Milsons Point hold a university qualification, including 41.5% with a bachelor degree and 23.1% with postgraduate qualifications, higher than 93% of areas nationally. A further 6.3% hold a vocational qualification. Qualifications come from the 2021 Census.
Detail
Tertiary attainment among Milsons Point residents aged 15+ tracks well above standard baselines, with 68.7% possessing university degrees compared to 32.2% across NSW and 30.4% throughout Australia. This advanced educational base establishes strong alignment with high-skill industry sectors. Bachelor-level degrees represent 41.5% of qualifications, complemented by postgraduate credentials at 23.1% and graduate diplomas at 4.1%. Technical and vocational education accounts for 15.8% of qualifications held by individuals aged 15+, divided between advanced diplomas (9.5%) and certificates (6.3%). Educational institutions currently engage 20.3% of the resident community. Within this cohort, higher education captures 8.3%, secondary schools account for 3.7%, and primary school attendance stands at 3.1%.
Frequently Asked Questions - Education
Schools Detail
Public transport in Milsons Point reaches 17 stops on 42 routes, timetabled for about 8,100 services a week. The typical home sits about 60 m from its nearest stop. Trains carry the largest share of public transport commuters. Households keep an average of 0.4 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.
Detail
Commuters in Milsons Point are served by 17 active transport stops incorporating ferry, bus, and rail facilities. These access nodes carry 42 individual routes that deliver 8,137 weekly passenger trips in total. Accessibility is outstanding, placing locals an average of 61 meters from their closest boarding point. Reflecting its residential character, outward work travel leads local patterns, with private vehicles accounting for 54% of trips, trains carrying 28%, and walking making up 11%. Car ownership sits below the metropolitan norm at 0.4 vehicles per dwelling. Meanwhile, 70.5% of working residents carried out their roles from home during the 2021 Census, a figure potentially shaped by pandemic conditions.
Across the entire local network, transport frequencies average 1,162 trips daily, delivering approximately 478 weekly services per individual boarding node.
Frequently Asked Questions - Transport
Transport Stops Detail
76.2% of residents in Milsons Point report no long-term health condition, a healthier profile than 99% of areas nationally. 2.7% need daily assistance with core activities, and 89.8% hold private health cover. The standardised death rate runs at 2.6 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.
Detail
AreaSearch health metrics indicate excellent well-being throughout Milsons Point, marked by subdued mortality measures and minimal chronic illness across every age demographic. Uptake of private health insurance is particularly widespread, covering approximately 90% of all residents (2,594 people). This coverage rate significantly exceeds the Greater Sydney average of 59.9% and the Australian benchmark of 55.7%. Among reported chronic diagnoses, arthritis and mental health challenges represent the primary conditions, affecting 5.7 and 5.5% of locals respectively, while 76.2% of the population indicated no medical afflictions whatsoever, outperforming the Greater Sydney benchmark of 74.6%.
Residents aged 65 and over make up 24.2% of the local population (698 people), tracking above the 15.5% share across Greater Sydney. Senior cohorts in the locality exhibit outstanding overall health indicators that parallel the high rankings observed across the general population.
Frequently Asked Questions - Health
54.0% of Milsons Point residents were born overseas and 36.7% speak a language other than English at home, more culturally diverse than 88% of areas nationally. The largest reported ancestries are English (20.7%) and Chinese (17.1%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.
Detail
Cultural variety is pronounced in Milsons Point, where 54.0% of the community was born overseas and 36.7% speak a non-English language in their households. Christianity forms the largest religious affiliation, encompassing 43.7% of residents. The community also features a distinct Jewish representation at 0.9%, which stands above the Greater Sydney proportion of 0.8%. Examining parental birthplaces, the most prevalent ancestral backgrounds across Milsons Point are English at 20.7%, Chinese at 17.1% (well above the 8.4% regional proportion), and Other backgrounds at 13.4%. Further distinct cultural representations include French heritage at 1.1% (compared to 0.5% across the region), Korean ancestry at 1.6% (versus 1.1% regionally), and Spanish roots at 1.0% (compared to 0.6% across Greater Sydney).
Frequently Asked Questions - Diversity
The median resident of Milsons Point is 44, older than 76% of areas nationally. 27.2% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.
Detail
Milsons Point exhibits a substantial concentration of mature and older residents. Under revised estimates to August 2026, those in retirement and senior brackets (65+) constitute 24.2% of locals, compared to 15.5% across Greater Sydney, whereas children and younger demographics (0 - 24) represent 13.0% against a wider metropolitan proportion of 30.4%. The median age remains steady from the 2021 Census at an estimated 44 years, tracking above the Greater Sydney median of 37 and the national Census median of 38. Since the Census, the most apparent demographic shift has occurred among the 45 - 64 age bracket, contracting from 27.2% to an estimated 24.9%.
By 2041, the largest numerical gain is anticipated across the 65+ cohort, forecast to rise by 596 residents (85%) to reach 1,295.
Frequently Asked Questions - Age
Data & MethodBoundaries, Sources & Method for Milsons Point
8 of 14 data sections on this page were updated within the last 12 months — the newest current to Oct 2026.
Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.
The ledger — source, cycle and currency by section
| Section | Source & update cycle | Currency |
|---|---|---|
| Updated within the last 12 months 8 sections | ||
| Population | ABS, GNAF, Geoscience Australia Annual (ABS ERP) | Aug 2026 2 months ago headline measures · 2021 Census baseline |
| Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to Aug 2026, with the 2021 Census supplying the small-area baseline. | ||
| Age profile | ABS, Geoscience Australia, State governments Annual | Aug 2026 2 months ago headline measures · 2021 Census baseline |
| Age cohorts are re-based to the latest ABS population estimates and state projections, current to Aug 2026. Each cohort is held as a Census baseline and a current estimate. | ||
| Development & approvals | ABS, GNAF Monthly (ABS approvals) | Aug 2026 2 months ago headline measures · Jul 2026 baseline |
| Property sales & rents | Valuer General, Rental Board, ABS Weekly sales, quarterly rents | Oct 2026 this month headline measures · Sep 2026 baseline |
| Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Oct 2026. | ||
| Employment | ABS, DEWR, JSA Quarterly (ABS SALM) | Mar 2026 7 months ago headline measures · 2021 Census baseline |
| Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census. | ||
| Education | ABS, ACARA Annual (ACARA) | Sep 2026 last month headline measures · 2021 Census baseline |
| Transport | ABS, State Transport Departments Each timetable release | Jul 2026 3 months ago headline measures · 2021 Census baseline |
| Services & amenities | Provider directories, ACECQA Continuous | Sep 2026 last month all 14 measures |
| Annual and financial-year sources 3 sections | ||
| Infrastructure projects | Infrastructure Australia, State agencies, Local governments Daily | Jul 2025 about a year ago all 1 projects tracked here |
| Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Jul 2025. | ||
| Income | ABS, ATO Annual (ATO) | FY 2023 3 years ago headline measures · 2021 Census baseline |
| ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail. | ||
| Health | ABS, ATO Annual | 2024 2 years ago headline measures · 2021 Census baseline |
| Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current. | ||
| Housing | ABS 5-yearly (Census) | 2021 Census next update 2026 all 30 measures |
| Households | ABS 5-yearly (Census) | 2021 Census next update 2026 all 18 measures |
| Cultural diversity | ABS, Geoscience Australia 5-yearly (Census) | 2021 Census next update 2026 all 44 measures |
"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.
How the numbers are built
Population
The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 116 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (2,529 at the 2021 Census → 2,888 now). Annual growth rates are compound (CAGR), not simple averages.
Age profile
Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to Aug 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".
Property sales
Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.
Rents
Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.
Development & infrastructure
Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.
Employment & income
Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.
Education, transport & amenities
School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.
Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.
Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.
Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL12640). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.