Point Frederick

Population growth drivers in Point Frederick are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

As of May 2026, the estimated population of the suburb of Point Frederick is around 2,464. This reflects a growth of 421 people from the 2021 Census figure of 2,043, indicating a 20.6% increase. AreaSearch validated this estimate using resident population data from June 2025's ERP release by the ABS and additional new addresses since the Census date. This results in a high population density ratio of 4,106 persons per square kilometer, placing Point Frederick in the top 10% nationally. The suburb's growth rate exceeded both its SA3 area (2.6%) and SA4 region, making it a growth leader. Overseas migration contributed approximately 66.0% to overall population gains.

AreaSearch projections for Point Frederick are based on ABS/Geoscience Australia data released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government's SA2-level projections from 2022 with a base year of 2021 are used. These projections forecast a significant population increase in the top quartile of statistical areas nationally. By 2041, Point Frederick is expected to have increased its population by 925 persons, reflecting a total increase of 37.5% over the 16-year period.

Recent residential development output has been above average within Point Frederick when compared nationally

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, indicates Point Frederick has seen approximately 53 new homes approved annually over the past five financial years, totalling an estimated 267 homes. As of FY-26, six approvals have been recorded. The average number of new residents per year arriving per new home in Point Frederick between FY-21 and FY-25 is around 0.8, suggesting supply meets or exceeds demand, offering greater buyer choice while supporting potential population growth above projections. New dwellings are developed at an average expected construction cost value of $382,000.

In the current financial year, there have been approximately $8.4 million in commercial approvals, reflecting Point Frederick's primarily residential nature. Compared to Greater Sydney, Point Frederick shows 563.0% higher building activity per person as of FY-25. This level is well above the national average, indicating strong developer confidence in the area. New building activity in Point Frederick consists of approximately 4.0% detached dwellings and 96.0% medium and high-density housing. This focus on higher-density living creates more affordable entry points and caters to downsizers, investors, and first-home buyers. This represents a significant shift from the current housing mix, which is currently 34.0% houses. Point Frederick has around 137 people per dwelling approval, indicating characteristics of a growth area.

According to AreaSearch's latest quarterly estimate, Point Frederick is expected to grow by approximately 923 residents through to 2041. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Point Frederick has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

The performance of an area can be significantly influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified two projects that are likely to impact this area. Notable projects include Amalfi by ALAND, Gosford Hospital Redevelopment, M1 Pacific Motorway Kariong to Somersby Widening (scheduled for completion on 30 June 2023), and Gosford Cultural Precinct (Gosford Regional Library). The following list details those projects likely to have the most relevance.

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

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The labour market in Point Frederick shows considerable strength compared to most other Australian regions

Point Frederick has a well-educated workforce with essential services sectors well represented. The unemployment rate was 2.9% as of December 2025. Employment growth over the past year was estimated at 6.6%.

As of this date, 1,333 residents were in work while the unemployment rate was 1.3% below Greater Sydney's rate of 4.2%. Workforce participation lagged significantly at 62.9%, compared to Greater Sydney's 68.8%. According to Census responses, 38.5% of residents worked from home, though Covid-19 lockdown impacts should be considered. Key industries of employment among residents were health care & social assistance, retail trade, and professional & technical services.

Point Frederick had particular employment specialization in health care & social assistance, with an employment share of 1.8 times the regional level. However, professional & technical services were under-represented, at 8.4% compared to Greater Sydney's 11.5%. The predominantly residential area appeared to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Over the 12 months to December 2025, employment increased by 6.6% while labour force increased by 6.4%, causing the unemployment rate to fall by 0.1 percentage points. In contrast, Greater Sydney experienced employment growth of 2.2% and labour force growth of 2.3%. Jobs and Skills Australia's national employment forecasts from May-25 offered further insight into potential future demand within Point Frederick. These projections suggested that national employment should expand by 6.6% over five years and 13.7% over ten years, with significant differences in growth rates between industry sectors. Applying these industry-specific projections to Point Frederick's employment mix suggested local employment should increase by 7.4% over five years and 15.3% over ten years.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

Point Frederick suburb has a median taxpayer income of $57,233 and an average income of $73,963 according to the latest postcode level ATO data aggregated by AreaSearch for financial year ended 30 June 2023. This is higher than Greater Sydney's median income of $60,817 and average income of $83,003 during the same period. By March 2026, estimates suggest the median income will be approximately $63,139 and the average will be around $81,596, based on a Wage Price Index growth rate of 10.32% since financial year 2023. According to census data, personal income ranks at the 64th percentile ($882 weekly) and household income is at the 43rd percentile. Income distribution shows that 32.0% of the population (788 individuals) fall within the $1,500 - $2,999 income range, which is consistent with broader trends across the surrounding region where 30.9% are in the same category. Housing affordability pressures are severe, with only 82.8% of income remaining after housing costs, ranking at the 42nd percentile. The suburb's SEIFA income ranking places it in the 6th decile.

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

The dwelling structure in Point Frederick, as per the latest Census, consisted of 34.0% houses and 66.1% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Sydney metro's 55.9% houses and 44.1% other dwellings. Home ownership in Point Frederick stood at 31.3%, with mortgaged dwellings at 21.0% and rented ones at 47.7%. The median monthly mortgage repayment was $1,947, below Sydney metro's average of $2,427. The median weekly rent figure in Point Frederick was $390, compared to Sydney metro's $470. Nationally, Point Frederick's mortgage repayments were higher at $1,947 than the Australian average of $1,863, while rents were also higher at $390 than the national figure of $375.

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

Family households comprise 59.6% of all households, including 17.3% couples with children, 28.7% couples without children, and 12.6% single parent families. Non-family households account for the remaining 40.4%, with lone person households at 36.7% and group households comprising 3.8%. The median household size is 2.0 people, which is smaller than the Greater Sydney average of 2.7.

Point Frederick demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Point Frederick's residents aged 15+ have a higher proportion with university qualifications than broader areas: 36.2% compared to SA4 region's 20.8% and SA3 area's 25.7%. The most common qualification is bachelor degrees at 23.5%, followed by postgraduate qualifications (9.5%) and graduate diplomas (3.2%). Vocational credentials are also prevalent, with 32.8% of residents holding them: advanced diplomas account for 13.8% and certificates for 19.0%. Moreover, 24.6% of the population is actively pursuing formal education, including 6.6% in secondary education, 6.4% in primary education, and 6.1% in tertiary education.

A substantial 24.6% of the population actively pursues formal education. This includes 6.6% in secondary education, 6.4% in primary education, and 6.1% pursuing tertiary education.

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

Point Frederick has 11 active public transport stops, all of which are bus stops. These stops are served by a total of 46 different routes that facilitate 1,985 weekly passenger trips combined. The accessibility of these transport services is rated as excellent, with residents typically living within 99 meters of the nearest stop. In this predominantly residential area, most commuters travel outward. Cars remain the primary mode of transportation, used by 83% of residents, while trains and buses are used by 7% and 6% respectively. On average, there are 0.9 vehicles per dwelling in Point Frederick, which is below the regional average.

According to the 2021 Census, a significant proportion of residents work from home, with this figure standing at 38.5%. This may be partly due to COVID-19 conditions. Across all routes, service frequency averages 283 trips per day, equating to approximately 180 weekly trips per individual stop.

The level of general health in Point Frederick is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Point Frederick shows better-than-average health outcomes based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Both younger and older age groups have low prevalence of common health conditions.

Private health cover is high at approximately 56% of the total population (~1,383 people), compared to 59.9% across Greater Sydney. The most prevalent medical conditions are arthritis and mental health issues, affecting 8.8 and 8.8% of residents respectively. 65.7% of residents report no medical ailments, compared to 74.6% in Greater Sydney. Working-age residents have a higher-than-average prevalence of chronic health conditions. The area has 28.0% of residents aged 65 and over (689 people), which is higher than the 15.5% in Greater Sydney. Health outcomes among seniors are particularly strong, with national rankings even better than those of the general population.

The level of cultural diversity witnessed in Point Frederick was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Point Frederick, surveyed in June 2021, had a higher proportion of residents speaking languages other than English at home (16.0%) compared to most local markets. Overseas-born individuals constituted 26.7% of its population during the same period. Christianity was the predominant religion in Point Frederick, accounting for 55.2% of its inhabitants.

However, Judaism was notably overrepresented, with 0.5% of residents identifying as such compared to 0.8% across Greater Sydney. In terms of ancestry, English heritage was most prevalent at 29.0%, substantially higher than the regional average of 19.0%. Australian (22.7%) and Irish (10.9%) heritages were also significant. Some ethnic groups showed notable variations: Korean residents were slightly overrepresented at 1.2% compared to the regional average of 1.1%, Welsh residents were more prevalent at 0.7% versus 0.4%, and Russian residents were similarly represented at 0.4%.

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

Point Frederick's median age is 48 years, which is significantly higher than Greater Sydney's average of 37 years and Australia's median age of 38 years. The age profile shows that individuals aged 65-74 are particularly prominent, making up 14.7% of the population, while those aged 5-14 make up only 7.0%. This is compared to Greater Sydney where the 5-14 group makes up a larger portion at 8.9%, and nationally it's 12.3%. The concentration of individuals aged 65-74 in Point Frederick is well above the national average of 9.4%. Between 2021 and present, the population aged 75 to 84 has grown from 8.1% to 9.4%, while the 0 to 4 cohort has increased from 3.9% to 5.0%. Conversely, the 5 to 14 age group has declined from 8.1% to 7.0%. Population forecasts for Point Frederick in 2041 indicate significant demographic changes. The 75 to 84 age cohort is projected to grow by 85%, adding 196 residents to reach a total of 428. Meanwhile, the 0 to 4 age cohort is expected to grow by a modest 9% (an increase of 10 people).