Suburb Profile Report for Millers Point NSW (2000)

Millers Point House: Median price $2,725,500, Annual capital growth 13.54%, Number of sales 31, Weekly median advertised rent $1,200

Millers Point Unit: Median price $1,795,000, Annual capital growth 11.16%, Number of sales 57, Weekly median advertised rent $950

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 13.54% for the last 12 months, Millers Point, 2000 has performed for property investments than its average annual 13.54% property growth over the last 5 years.

The NSW suburb of Millers Point, 2000 is in the Sydney local government area.

Over the last year, property investments in Millers Point, 2000 have given investors a capital gain of 20.47%. This compares very favourably with the 5.73% for NSW as a whole.

While Millers Point,2000 ranked number 374th in NSW for increase in median house value (annualised) increase, it is ranked 2nd over the last 5 years.

Property buyers and investors in Millers Point 2000 should be seeing an average reduction in asking price of around -3.41% . This means that Millers Point is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $11400 per annum or $950 every week.

HOUSE UNIT
$2,725,500 $1,795,000
2.85% 0.00%
13.54% 20.47%
13.54% 11.16%
$1,200 $950
31 57
2.29% 2.75%
N/A 57.81

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1735
Median household income ($/weekly) 2202
Median age of persons 44
Median housing loan repayment ($/monthly) 3600
Average household size 1.8
  • Census Count Percent(%)
    25-34 years 364 21.0
    35-44 years 246 14.2
    45-54 years 280 16.1
    55-64 years 285 16.4
    65-74 years 190 10.9
    Others 371 21.4
    Age Group
    Census Count Percent(%)
    Not Married 606 48.2
    Registered Married 483 38.5
    Defacto Relationship 167 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 759 55.0
    Papua New Guinea 47 3.4
    United Kingdom 131 9.5
    United States of America 37 2.7
    Other 120 8.7
    Others 286 20.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 53 4.0
    Christianity 803 60.3
    Hinduism 29 2.2
    Islam 34 2.6
    No Religion 366 27.5
    Others 46 3.5
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 52 7.3
    $300-$399 46 6.4
    $1,500-$1,999 61 8.5
    $2,500-$2,999 177 24.8
    $4,000 or more 89 12.5
    Others 289 40.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 618 47.2
    Not in the labour force 442 33.8
    Employed, worked part-time 171 13.1
    Unemployed, looking for work 47 3.6
    Employed, away from work 31 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 216 26.3
    Professionals 347 42.3
    Community & personal service workers 40 4.9
    Clerical & administrative workers 102 12.4
    Sales 46 5.6
    Others 70 8.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 20 10.9
    Secondary 28 15.2
    Technical or Further Educational Institution 32 17.4
    University or other Tertiary Institutions 85 46.2
    Other type of educational institution 15 8.2
    Others 4 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1010 73.6
    Separate house 243 17.7
    Semi-detached, row or terrace house, townhouse 120 8.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 487 64.5
    Fully owned 144 19.1
    Being purchased 124 16.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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