Suburb Profile Report for Milsons Point NSW (2061)

Milsons Point Unit: Median price $1,775,000, Annual capital growth 15.27%, Number of sales 45, Weekly median advertised rent $770

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

Source: CoreLogic

  • Unit Report

At number 19th in the list of Australian suburbs ordered by increase in median house value over the last year, Milsons Point, 2061 is in the top 10% with a property value increase of 36.54% recorded in median house prices.

If we look at median property appreciation over just the last three months, Milsons Point has given property investors a paper return of 26.42%. This puts Suburb as 4 on a list of fastest fasting appreciating suburbs in NSW

Milsons Point, 2061 is offering NSW ‘s 208th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

At number 903 in a list of fastest selling suburbs, Milsons Point is in the bottom 40% of suburbs in Australia with an average of days on market 86.53 for properties listed there.

Milsons Point, 2061’s gross rental yield is 2.26%

HOUSE UNIT
N/A $1,775,000
N/A 26.42%
N/A 36.54%
N/A 15.27%
N/A $770
N/A 45
N/A 2.26%
N/A 86.53

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2014
Median household income ($/weekly) 2632
Median age of persons 39
Median housing loan repayment ($/monthly) 3000
Average household size 1.9
  • Census Count Percent(%)
    25-34 years 486 24.1
    35-44 years 369 18.3
    45-54 years 289 14.4
    55-64 years 283 14.1
    65-74 years 194 9.6
    Others 392 19.5
    Age Group
    Census Count Percent(%)
    Registered Married 714 47.5
    Not Married 556 37.0
    Defacto Relationship 233 15.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 762 44.9
    Croatia 104 6.1
    India 80 4.7
    United Kingdom 160 9.4
    Other 110 6.5
    Others 481 28.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 5.7
    Christianity 887 54.2
    Hinduism 44 2.7
    Judaism 19 1.2
    No Religion 566 34.6
    Others 27 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 88 11.0
    $2,500-$2,999 220 27.5
    $3,000-$3,499 73 9.1
    $3,500 -$3,999 53 6.6
    $4,000 or more 116 14.5
    Others 251 31.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 854 53.9
    Not in the labour force 444 28.0
    Employed, worked part-time 197 12.4
    Unemployed, looking for work 48 3.0
    Employed, away from work 42 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 293 26.7
    Professionals 478 43.6
    Community & personal service workers 40 3.6
    Clerical & administrative workers 141 12.9
    Sales 63 5.7
    Others 81 7.4
    Occupation
    Census Count Percent(%)
    Pre-school 15 5.9
    Infants/Primary 42 16.5
    Secondary 40 15.7
    Technical or Further Educational Institution 17 6.7
    University or other Tertiary Institutions 127 50.0
    Others 13 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1658 99.0
    Separate house 13 0.8
    Semi-detached, row or terrace house, townhouse 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 464 53.6
    Fully owned 227 26.2
    Being purchased 170 19.7
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals