Milsons Point, NSW

UNDERVALUED

4,583 sales · 36 years of data · NSW, Australia

$2,100,000
Median (All)
$110,000,000
Median (Houses)
$2,080,000
Median (Apartments)
3.1%
10yr CAGR
4.4%
36yr CAGR
72.2%
Strata %
36 years of data · 4,583 sales analysed · 2,500+ suburbs · Updated weekly

Milsons Point, NSW Property Market Overview

Milsons Point, NSW, is a prestigious harbourside suburb located on the Lower North Shore of Sydney. Boasting iconic views of the Sydney Harbour Bridge and Opera House, Milsons Point offers a unique blend of residential and commercial spaces. Our analysis covers 36 years of property sales data, encompassing a total of 4,583 recorded sales.

Currently, the median property price in Milsons Point stands at $2,100,000, with houses commanding a significantly higher median of $110,000,000 and apartments at $2,080,000. These figures reflect the premium nature of real estate in this sought-after location. Milsons Point continues to be a focus for those seeking proximity to the city and stunning waterfront living.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $678,511
Based on the 10-year compound annual growth rate of 3.1%
Predominantly apartments72% apartments
28% of sales are houses and other non-strata properties
Loading chart...

Property Mix

28%
72%
Houses 28%$110,000,000Apartments 72%$2,080,000

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 Milsons Point

Street Rankings

Top streets in Milsons Point, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Lavender StApartment21$2,550,000
2Glen StApartment56$1,845,000
3Alfred St SApartment73$2,100,000
4Dind StApartment5$5,150,000

... and 17 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
1Glen StApartment4$20,610/m²
2Lavender StApartment13$19,672/m²
3Alfred St SApartment55$20,388/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
1Northcliff StApartment+3.5%
2Alfred St SApartment+2.8%
3Glen StApartment+4.1%
4Dind StApartment+10.6%

... 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

344
apartment buildings analysed
#AddressSalesMedian$/m²
180 Alfred St S12$1,580,000$20,016/m²
230 Alfred St S9$2,185,000$22,778/m²
388 Alfred St S20$2,513,500$23,065/m²
430 Glen St4$1,690,000$20,610/m²

... and 340 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.

View full building data
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.

See flipper risk data
Risk Indicator

Settlement times & problem streets

58
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

72%
apartments across 344 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

Unlock the full Milsons Point analysis

21 streets and 344 buildings to explore

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3 street rankings
All 21 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
344 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 4,583 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Milsons Point at a Glance

Region
Lower North Shore
CBD Distance
3km north of Sydney CBD
Train Station
Milsons Point Station (T1 North Shore Line)
Council
North Sydney Council
Property Character
High-density residential with commercial precinct
Community
Professionals and established families

Milsons Point, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Milsons Point, NSW

Living in Milsons Point offers a vibrant harbourside lifestyle with easy access to Sydney's CBD. The suburb is well-connected by public transport, including Milsons Point train station on the T1 North Shore Line and various bus routes. For families, there are nearby schools such as Loreto Kirribilli and St Aloysius' College.

Residents enjoy stunning views, waterfront parks like Bradfield Park, and convenient access to the Luna Park amusement park. The suburb has a mix of cafes, restaurants, and boutique shops. The atmosphere in Milsons Point is sophisticated and cosmopolitan, attracting residents who appreciate city living with a touch of seaside charm.


Who Buys in Milsons Point?

The buyer profile in Milsons Point is diverse, but generally skews towards professionals, downsizers, and investors. Given the high median prices and significant apartment stock (72.2% strata), first home buyers may find it challenging to enter the market. The strong historical growth rates (3.1% 10-year CAGR, 3.3% 20-year CAGR, and 4.4% full-period CAGR) attract investors seeking long-term capital appreciation. The prevalence of apartments also appeals to downsizers looking for low-maintenance living with stunning views.

Market Analysis

Our property cycle analysis indicates that Milsons Point is currently below its long-term trend, suggesting it’s in undervalued territory. This cycle position reflects a period where property values are lower relative to their historical performance.

Understanding the cycle position helps to contextualise current market conditions in Milsons Point. While we do not provide specific deviation percentages, being below the long-term trend suggests potential for future growth as the market corrects.


Is Milsons Point a Good Investment?

Milsons Point's historical growth patterns and current cycle position suggest potential opportunities for long-term value appreciation. The suburb's premium location, coupled with its limited land availability, drives sustained demand. With a 36-year CAGR of 4.4%, a 20-year CAGR of 3.3% and a 10-year CAGR of 3.1%, the property market in Milsons Point has demonstrated consistent growth over the long term.

As of early 2026, the fact that Milsons Point is below its long-term trend indicates that it may be in a favourable position for future growth. The high percentage of strata apartments suggests that rental yields may be attractive to investors. The suburb's proximity to the city and desirable lifestyle amenities further support its long-term investment potential. However, potential buyers should conduct their own due diligence before making any property decisions.


Milsons Point Market Outlook

As of early 2026, Milsons Point is currently below its long-term trend. While recent price trends have shown some volatility, the underlying demand for property in this premium harbourside location remains strong. The suburb's desirable lifestyle, coupled with its proximity to the CBD, continues to attract buyers. This cycle position, viewed in conjunction with broader market trends, suggests opportunities for astute buyers and long-term investors.

Streets & Location in Milsons Point, NSW

Milsons Point, postcode 2061, is known for its prime location and desirable streets. Among the top streets by median price are Lavender Street, Glen Street, and Dind Street. With only 21 streets in total, Milsons Point offers a relatively compact and exclusive residential environment. The suburb's proximity to the Harbour Bridge and city skyline contributes significantly to its appeal.

Market Dynamics

Transaction patterns in Milsons Point show an average settlement timeframe of 58 days. This indicates a relatively standard period for property sales to finalise. Data on quick-flip percentage is currently unavailable, however, the long term growth rates do not indicate a high level of speculative trading. The fast settlement times reflect the high demand for property in Milsons Point.

Development & Density

Milsons Point is characterised by its high development density, particularly in apartment buildings. There are 344 apartment buildings located within the suburb. The high percentage of strata title properties (72.2%) further emphasises the dominance of apartment living in Milsons Point. This development density reflects the suburb's desirability and proximity to urban amenities.

Growth & Property Mix

Over the past 10 years, Milsons Point has seen a compound annual growth rate (CAGR) of 3.1%. Looking further back, the 20-year CAGR is 3.3%, while the full-period CAGR over 36 years is 4.4%. The property mix in Milsons Point is heavily weighted towards apartments, with strata properties accounting for 72.2% of the market.

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 Milsons Point, NSW

What is the median property price in Milsons Point?
As of early 2026, the median property price in Milsons Point is $2,100,000. Houses have a significantly higher median of $110,000,000, while apartments have a median of $2,080,000, reflecting the diverse property types available in the suburb.
Is Milsons Point overvalued or undervalued?
Currently, our property cycle analysis indicates that Milsons Point is below its long-term trend. This suggests that it's in undervalued territory, relative to its historical performance.
How has the Milsons Point property market performed over 10 years?
Over the past 10 years, the Milsons Point property market has seen a compound annual growth rate (CAGR) of 3.1%. This reflects steady growth in property values over the decade.
What percentage of Milsons Point is apartments vs houses?
Apartments make up a significant portion of the property market in Milsons Point. Strata title properties, which are primarily apartments, account for 72.2% of all properties in the suburb.
Where is Milsons Point in the property cycle?
As of early 2026, Milsons Point is below its long-term trend. This indicates that the suburb is currently in undervalued territory within the property cycle.
What schools are near Milsons Point?
Milsons Point is conveniently located near several reputable schools, including Loreto Kirribilli, a Catholic girls' school, and St Aloysius' College, a Catholic boys' school in Kirribilli. There are also several other primary and secondary schools in the surrounding North Sydney area.
What is Milsons Point like to live in?
Living in Milsons Point offers a vibrant, harbourside lifestyle with stunning views of the Sydney Harbour Bridge and Opera House. The suburb is well-connected by public transport and boasts a range of cafes, restaurants, and parks, making it a desirable place to live.
Is Milsons Point good for families?
Milsons Point can be suitable for families, although the high property prices and prevalence of apartments may be a consideration. The suburb is close to good schools, parks like Bradfield Park, and family-friendly attractions like Luna Park.
How far is Milsons Point from Sydney CBD?
Milsons Point is located approximately 3 kilometres north of the Sydney CBD. It's easily accessible by train, bus, or ferry, making it a convenient location for city workers.
What transport options are in Milsons Point?
Milsons Point offers excellent transport options, including Milsons Point train station on the T1 North Shore Line. There are also numerous bus routes serving the area, as well as ferry services from the nearby Milsons Point ferry wharf. The Cahill Expressway also provides direct road access to the city.
How does Milsons Point compare to nearby suburbs?
Compared to nearby suburbs like Kirribilli and McMahons Point, Milsons Point generally has a similar property profile with a high concentration of apartments. However, median prices in Milsons Point are typically in line with or slightly above those in neighbouring areas, reflecting its prime harbourside location.
Is Milsons Point a good first home buyer suburb?
Given the high median property prices in Milsons Point, it may be challenging for first home buyers to enter the market. The prevalence of apartments may offer some more affordable options, but the overall cost of entry is relatively high.
What are the best streets in Milsons Point?
While the definition of 'best' varies, some of the top streets in Milsons Point by median price include Lavender Street, Glen Street, and Dind Street. These streets are known for their desirable location and high-value properties.
How many properties have been sold in Milsons Point?
Over the past 36 years, there have been a total of 4,583 recorded property sales in Milsons Point. This reflects a consistent level of transaction activity in the suburb's property market.
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