Mcmahons Point, NSW

UNDERVALUED

2,444 sales · 36 years of data · NSW, Australia

$1,900,000
Median (All)
$3,700,000
Median (Houses)
$1,280,000
Median (Apartments)
2.2%
10yr CAGR
4.3%
36yr CAGR
58.8%
Strata %
36 years of data · 2,444 sales analysed · 2,500+ suburbs · Updated weekly

Mcmahons Point, NSW Property Market Overview

Mcmahons Point, NSW 2060, is a highly sought-after harbourside suburb located on the Lower North Shore of Sydney. With stunning views of the Sydney Harbour Bridge and Opera House, it offers a premium lifestyle and convenient access to the CBD. AusPropertyInsights.app data reveals a total of 2,444 recorded sales in Mcmahons Point over the past 36 years, providing a comprehensive view of the suburb's property market.

Currently, the median property price in Mcmahons Point stands at $1,900,000 for all property types. This is further broken down into $3,700,000 for houses and $1,280,000 for apartments. The suburb's unique blend of historical charm and modern apartments makes it a diverse and attractive location for buyers.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $621,554
Based on the 10-year compound annual growth rate of 2.2%
Mixed housing59% apartments
41% of sales are houses and other non-strata properties
Loading chart...

Property Mix

41%
59%
Houses 41%$3,700,000Apartments 59%$1,280,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Mcmahons Point

Street Rankings

Top streets in Mcmahons Point, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Union StHouse6$4,175,000
2Union StApartment14$3,650,000
3Blues Point RdHouse10$3,800,000
4Thomas StHouse6$3,755,000

... and 32 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Blues Point RdHouse10$21,814/m²
2Thomas StHouse6$22,960/m²
3French StHouse3$5,500/m²
4Union StApartment8$138,402/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Union StApartment+6.2%
2East Crescent StApartment+2.7%
3Blues Point RdApartment+3.7%
4Henry Lawson AveApartment+3.9%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

203
apartment buildings analysed
#AddressSalesMedian$/m²
12 A Henry Lawson Ave4$1,195,000$24,896/m²
234 Union St8$3,650,000$138,402/m²
314 Blues Point Rd18$1,850,000$34,415/m²

... and 199 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

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Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

52
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

59%
apartments across 203 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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36 streets and 203 buildings to explore

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3 street rankings
All 36 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
203 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,444 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Mcmahons Point at a Glance

Region
Lower North Shore
CBD Distance
3km north of Sydney CBD
Train Station
North Sydney Station (T1 North Shore Line)
Council
North Sydney Council
Property Character
Established residential with high-density development
Community
Professionals and established families

Mcmahons Point, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Mcmahons Point, NSW

Living in Mcmahons Point offers a unique harbourside lifestyle with stunning views and convenient access to amenities. The suburb is known for its vibrant community, charming cafes, and boutique shops. Residents enjoy easy access to the Sydney Harbour foreshore, including Blues Point Reserve, which offers panoramic views of the Harbour Bridge and Opera House.

Families are drawn to Mcmahons Point for its proximity to quality schools such as Loreto Kirribilli and North Sydney Demonstration School. Transport options include Mcmahons Point Ferry Wharf and North Sydney Train Station, providing easy access to the CBD and surrounding areas. The suburb's relaxed atmosphere and stunning location make it a highly desirable place to live.

Shopping can be done locally at Blues Point Road's shops, cafes, and restaurants, or at nearby Greenwood Plaza at North Sydney. The suburb offers a quiet, village-like atmosphere while still being close to the city's amenities.


Who Buys in Mcmahons Point?

Mcmahons Point attracts a diverse range of buyers, including professionals, downsizers, and investors. The high proportion of strata properties (58.8%) indicates a strong demand from apartment dwellers, particularly those seeking low-maintenance living with harbour views.

The relatively high median prices of $1,900,000 (all properties), $3,700,000 (houses), and $1,280,000 (apartments) suggest that Mcmahons Point is popular with established professionals and downsizers seeking a premium lifestyle. The suburb's consistent growth, reflected in its 10-year and 20-year CAGRs, also appeals to long-term investors.

Market Analysis

Analysis of the Mcmahons Point property market reveals that it is currently below its long-term trend, placing it in undervalued territory. This cycle position indicates that property prices in Mcmahons Point may be temporarily lower than their historical average.

The cycle position is determined by comparing current property values to their long-term trend line. While the market may be below its long-term trend, it's important to consider other factors like interest rates, economic conditions, and local demand when assessing the overall market dynamics in Mcmahons Point.


Is Mcmahons Point a Good Investment?

Mcmahons Point presents a compelling case for long-term value appreciation, driven by its prime harbourside location and strong historical growth. The suburb's 20-year CAGR of 5.2% indicates a consistent pattern of capital growth, reflecting its enduring appeal and desirability.

While the current market cycle indicates that Mcmahons Point is below its long-term trend, this could represent a potential entry point for buyers seeking to capitalise on future growth. The suburb's limited land availability and high demand ensure that property values are likely to remain resilient over time. The prevalence of apartment living further contributes to the suburb's affordability and accessibility.

Mcmahons Point's proximity to the CBD, stunning harbour views, and vibrant community make it a highly sought-after location for both owner-occupiers and investors. Its established infrastructure and limited development potential contribute to its long-term value proposition.


Mcmahons Point Market Outlook

As of early 2026, the Mcmahons Point property market is showing signs of resilience, although the market cycle indicates that it remains below its long-term trend. Recent price trends suggest a steady recovery, driven by strong demand and limited supply. Continued monitoring of market indicators is essential for understanding the evolving dynamics of Mcmahons Point.

Overall, Mcmahons Point remains a desirable location with strong long-term growth potential. Its unique combination of location, lifestyle, and community makes it a resilient and attractive property market as of early 2026.

Streets & Location in Mcmahons Point, NSW

Mcmahons Point boasts some of Sydney's most prestigious streets, offering unparalleled harbour views and convenient access to amenities. Top streets by median price include Thomas Street, East Crescent Street, and Blues Point Road. These streets are known for their premium properties and sought-after locations.

Located in postcode 2060, Mcmahons Point is ideally situated on the Lower North Shore, providing easy access to the Sydney CBD via ferry, train, and bus. The suburb's proximity to the city, combined with its stunning harbour views, makes it a highly desirable location.

Market Dynamics

The Mcmahons Point property market typically experiences moderate transaction times. The average settlement period for properties in Mcmahons Point is 52 days, indicating a relatively efficient sales process.

Data on quick-flip transactions is currently unavailable. However, the settlement timeframe provides insight into the overall market activity and buyer behaviour in Mcmahons Point. The suburb's desirability contributes to consistent demand and relatively stable transaction patterns.

Development & Density

Mcmahons Point features a mix of housing types, with a significant proportion of apartment buildings. There are 203 apartment buildings in Mcmahons Point, reflecting the suburb's high-density development and popularity among apartment dwellers.

The suburb's housing composition is influenced by its harbourside location and proximity to the CBD. The prevalence of strata properties (58.8%) indicates a strong demand for apartment living in Mcmahons Point. This affects median prices and overall market dynamics.

Growth & Property Mix

Over the long term, Mcmahons Point has demonstrated solid capital growth. The 20-year Compound Annual Growth Rate (CAGR) for Mcmahons Point properties is 5.2%, reflecting consistent appreciation over two decades. The full-period CAGR, spanning 36 years, is 4.3%.

Currently, apartments make up a significant portion of the property market, with strata properties accounting for 58.8% of all dwellings. This high percentage of apartments influences the overall median price and growth patterns in Mcmahons Point.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Mcmahons Point, NSW

What is the median property price in Mcmahons Point?
The current median property price in Mcmahons Point is $1,900,000 for all property types. This breaks down to $3,700,000 for houses and $1,280,000 for apartments, reflecting the diverse range of housing options in the suburb.
Is Mcmahons Point overvalued or undervalued?
Currently, the Mcmahons Point property market is below its long-term trend, indicating it is in undervalued territory. This means that property prices are currently lower than their historical average for the suburb.
How has the Mcmahons Point property market performed over 10 years?
Over the past 10 years, the Mcmahons Point property market has shown steady growth, with a Compound Annual Growth Rate (CAGR) of 2.2%. This reflects consistent appreciation in property values despite market fluctuations.
What percentage of Mcmahons Point is apartments vs houses?
Apartments make up a significant portion of the Mcmahons Point property market. Strata properties, which are predominantly apartments, account for 58.8% of all dwellings in the suburb.
Where is Mcmahons Point in the property cycle?
According to our analysis, the Mcmahons Point property market is currently below its long-term trend. This indicates it is in undervalued territory, which could present opportunities for buyers.
What schools are near Mcmahons Point?
Mcmahons Point is conveniently located near several reputable schools, including Loreto Kirribilli and North Sydney Demonstration School. These schools cater to a range of educational needs for families in the area.
What is Mcmahons Point like to live in?
Mcmahons Point offers a vibrant harbourside lifestyle with stunning views and a strong sense of community. The suburb features charming cafes, boutique shops, and easy access to the Sydney Harbour foreshore, making it a highly desirable place to live.
Is Mcmahons Point good for families?
Mcmahons Point can be a great option for families, thanks to its proximity to quality schools, parks, and recreational facilities. The suburb offers a mix of housing types, although apartments are more prevalent, and it boasts a safe and family-friendly environment.
How far is Mcmahons Point from Sydney CBD?
Mcmahons Point is located approximately 3 kilometres north of the Sydney CBD. This proximity offers residents easy access to the city's amenities and employment opportunities.
What transport options are in Mcmahons Point?
Mcmahons Point offers excellent transport options, including the Mcmahons Point Ferry Wharf, which provides direct access to Circular Quay. North Sydney Train Station, on the T1 North Shore Line, is also nearby, as are numerous bus routes along Blues Point Road and surrounding areas.
How does Mcmahons Point compare to nearby suburbs?
Compared to neighbouring suburbs like Kirribilli and Lavender Bay, Mcmahons Point offers a similar harbourside lifestyle but may have slightly lower median prices overall. Growth rates are generally comparable, reflecting the desirability of the Lower North Shore.
Is Mcmahons Point a good first home buyer suburb?
Mcmahons Point's relatively high median prices, particularly for houses, can make it challenging for first home buyers. However, the availability of apartments with lower median prices may provide more accessible entry points for some buyers.
What are the best streets in Mcmahons Point?
Some of the most sought-after streets in Mcmahons Point, known for their premium properties and harbour views, include Thomas Street, East Crescent Street, and Blues Point Road. These streets command higher median prices due to their desirable locations.
How many properties have been sold in Mcmahons Point?
Over the past 36 years, there have been a total of 2,444 recorded property sales in Mcmahons Point. This provides a substantial dataset for analysing the suburb's property market trends.
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