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 ABS population updates and AreaSearch validation, as of Nov 2025, Milsons Point's estimated population is around 2,822. This reflects an increase of 293 people since the 2021 Census, which reported a population of 2,529. The change is inferred from AreaSearch's estimate of 2,817 residents, based on latest ERP data (June 2024), and additional validated new addresses since the Census date. This results in a density ratio of 14,110 persons per square kilometer, placing Milsons Point in the top 10% nationally by AreaSearch. The area's 11.6% growth since 2021 exceeds its SA3 (5.4%) and SA4 regions, marking it as a growth leader. Overseas migration contributed approximately 84.0% of overall population gains recently.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, NSW State Government's SA2-level projections released in 2022 with 2021 as the base year are used. Future population trends indicate a significant increase is forecast for Milsons Point statistical area (Lv2), with an expected rise of 900 persons to 2041, reflecting a 29.7% increase over 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 suggests that the area is largely built out with minimal vacant land available for new developments. Established areas like Milsons Point often experience steady demand for existing properties due to the scarcity of 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 typically reinforces demand and pricing for existing homes in such areas. Additionally, this level is also below national averages, indicating the area's maturity and potential planning constraints.

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

Area infrastructure changes significantly influence local performance. Three key projects identified by AreaSearch may impact this area: Kurraba Point Luxury Development by PB & Co, Affinity Place, Warada on Walker, and Warringah Freeway Upgrade.

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 significant representation in the technology sector. Its unemployment rate is 3.3%, according to AreaSearch's aggregation of statistical area data.

As of September 2025, 1,784 residents are employed, with an unemployment rate of 0.9% below Greater Sydney's rate of 4.2%. Workforce participation in Milsons Point is 65.5%, compared to Greater Sydney's 60.0%. Key industries for employment among residents are professional & technical, finance & insurance, and health care & social assistance. The area has a particular specialization in professional & technical services, with an employment share of 2.1 times the regional level.

Conversely, construction is under-represented, with only 4.4% of Milsons Point's workforce compared to Greater Sydney's 8.6%. There are 3.8 workers for every resident, indicating that the area functions as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. In the 12 months prior, labour force in Milsons Point increased by 0.2% while employment declined by 0.7%, leading to a rise in unemployment of 0.9 percentage points. This contrasts with Greater Sydney where employment grew by 2.1% and unemployment rose by only 0.2 percentage points. State-level data from NSW up to 25-Nov shows employment contracted by 0.03% (losing 2,260 jobs), with a state unemployment rate of 3.9%, which compares favourably to the national unemployment rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that while national employment is projected to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these projections to Milsons Point's employment mix indicates local employment should increase by 7.7% over five years and 15.1% over ten years, though this is a simple extrapolation for illustrative purposes 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

AreaSearch's latest postcode level ATO data for financial year 2023 shows that Milsons Point suburb has a median income of $89,480 and an average income of $160,033. This is higher than Greater Sydney's median income of $60,817 and average income of $83,003. By September 2025, estimated incomes would be approximately $97,408 (median) and $174,212 (average), based on Wage Price Index growth of 8.86% since financial year 2023. Census 2021 income data reveals that Milsons Point's household, family, and personal incomes rank between the 98th and 99th percentiles nationally. The $4000+ earnings band captures 42.6% of the community (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 earning high weekly incomes 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 a higher proportion of rental properties than the broader region

Milsons Point's dwelling structure, as per the latest Census, consisted entirely of non-household dwellings such as semi-detached homes, apartments, and others. This is unlike Sydney metropolitan areas which had 17.9% houses and 82.1% other dwellings. Home ownership in Milsons Point was similar to Sydney's at 28.9%, with the rest being mortgaged or rented. The median monthly mortgage repayment was $2,800, lower than Sydney's average of $3,085. The median weekly rent was $750 compared to Sydney's $582. Nationally, Milsons Point's mortgage repayments were higher at $1,863 and rents were substantially above the Australian average of $375.

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

Family households constitute 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 comprise 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 2.1.

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 and state averages. Among residents aged 15+, 68.7% have university qualifications, compared to 30.4% in Australia and 32.2% in NSW. This high level of attainment is led by bachelor degrees (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%.

A significant portion, 20.3%, of the population is currently pursuing formal education. This includes 8.3% in tertiary education, 3.7% in secondary education, and 3.1% in 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. These include ferry, train, and bus services. There are 45 individual routes operating from these stops, serving a total of 10,351 weekly passenger trips.

The average distance to the nearest transport stop for residents is 68 meters. On average, there are 1,478 trips per day across all routes, which equates 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 exhibits exceptional health outcomes across all age groups, with a very low prevalence of common health conditions. Approximately 90% of its total population of 2,535 people have private health cover, compared to Greater Sydney's 84.7%. Nationally, the average is 55.7%.

The most prevalent medical conditions in Milsons Point are arthritis and mental health issues, affecting 5.7% and 5.5% of residents respectively. 76.2% of residents report being completely clear of medical ailments, compared to Greater Sydney's 75.2%. As of the latest data (2021), Milsons Point has a higher proportion of seniors aged 65 and over at 23.7%, or 668 people, than Greater Sydney's 20.1%. Despite this, health outcomes among seniors in Milsons Point are strong and align with the general population's health profile.

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 a high level of cultural diversity, with 36.7% of its population speaking a language other than English at home and 54.0% born overseas. Christianity is the predominant religion in Milsons Point, with 43.7% of people identifying as such, which is slightly higher than the Greater Sydney average of 41.2%. Judaism, however, is overrepresented in Milsons Point compared to Greater Sydney, comprising 0.9% versus 1.0% respectively.

Regarding ancestry, the top three groups are English at 20.7%, Chinese at 17.1%, and Other at 13.4%. Notably, French (1.1%), Spanish (1.0%), and Korean (1.6%) ethnicities are overrepresented in Milsons Point compared to Greater Sydney averages of 1.1%, 0.7%, and 0.6% respectively.

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

Milsons Point has a median age of 44, which exceeds Greater Sydney's figure of 37 and is significantly higher than the national average of 38. The age group of 65-74 makes up 12.8% of Milsons Point's population, compared to Greater Sydney, while the 5-14 cohort represents only 3.5%. According to the 2021 Census, the 75 to 84 age group has increased from 8.0% to 9.0% of the population. Conversely, the 25 to 34 age group has decreased from 21.0% to 19.5%. By 2041, demographic modeling suggests that Milsons Point's age profile will change significantly. The 75 to 84 age group is projected to grow by 86%, reaching 472 people from the current 253. This growth is part of a broader aging population trend, with those aged 65 and above accounting for 73% of the projected population increase. Meanwhile, the 35 to 44 and 0 to 4 age groups are expected to experience population declines.