Suburb Profile Report for Milsons Point NSW (2061)

Milsons Point Unit: Median price $1,919,000, Annual capital growth 14.43%, Number of sales 45, Weekly median advertised rent $780

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

Source: CoreLogic

  • Unit Report

Property value increases in Milsons Point have tracked higher than the NSW average of 5.73% over the last 12 months.

Taking the average capital gain, or increase in median house value, Milsons Point,2061 has racked up an average of 46.49% over the period. This ranks it number 2nd in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Milsons Point 2061 should be seeing an average reduction in asking price of around -4.47% . This means that Milsons Point is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $9360 per annum or $780 every week.

Metrics i HOUSE UNIT
N/A $1,919,000
N/A 8.11%
N/A 46.49%
N/A 14.43%
N/A $780
N/A 45
N/A 2.11%
N/A 86.66

Source: CoreLogic

DSR Score for property investment : Above average (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