Miranda, NSW
UNDERVALUED15,690 sales · 36 years of data · NSW, Australia
Miranda, NSW Property Market Overview
Miranda, located in the Sutherland Shire of New South Wales, presents a well-established property market with a substantial history. With 36 years of recorded data, the suburb has seen a total of 15,690 sales. The current median property price across all types is $980,000, reflecting a diverse range of housing options available.
Miranda offers a blend of residential living and commercial convenience, making it a desirable location for many. The median house price currently sits at $1,950,000, while the median apartment price is $855,000. This price difference highlights the varied housing stock within Miranda, catering to different budgets and lifestyle preferences. Its proximity to both the city and the coast adds to its appeal.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Miranda
Top streets in Miranda, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Goodacre Ave | $2,137,500 |
| 2 | Kareena Rd | $1,990,000 |
| 3 | Raglan Rd | $2,250,000 |
| 4 | Cartledge Ave | $2,099,995 |
... and 231 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Ventura Ave | $8,753/m² |
| 2 | Miranda Rd | $6,813/m² |
| 3 | Penprase Lane | $7,784/m² |
| 4 | Gurrier Ave | $7,476/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Bellingara Rd | +11.4% |
| 2 | Barkduk Ave | +15.5% |
| 3 | Wyralla Rd | +8.2% |
| 4 | Kareena Rd | +7.1% |
... 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-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 12 Kumbardang Ave | $1,067,000 |
| 2 | 68 Kareena Rd | $1,815,000 |
| 3 | 14 Mooki St | $1,702,500 |
| 4 | 289 Port Hacking Rd | $1,212,500 |
... and 204 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 →Flipper risk & hold period analysis
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 →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
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 Miranda analysis
235 streets and 208 buildings to explore
Trusted by 100+ property investors across NSW
Nearby Suburbs to Miranda
Miranda at a Glance
Miranda, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Miranda, NSW
Living in Miranda offers a blend of suburban tranquility and urban convenience. The suburb is home to Westfield Miranda, a major shopping centre providing access to a wide range of retail outlets, dining options, and entertainment facilities.
Families are well-catered for with several schools in the area, including Miranda Public School and Port Hacking High School. For recreation, residents can enjoy Seymour Shaw Park and nearby beaches. Miranda also benefits from its own train station, providing easy access to Sydney's CBD and other parts of the city.
The vibe in Miranda is generally relaxed and family-friendly, with a strong sense of community. It’s a suburb that balances residential comfort with access to essential amenities, making it an appealing place to call home.
Who Buys in Miranda?
The buyer profile in Miranda is diverse, reflecting the suburb's mix of housing types and price points. With apartments accounting for 50% of the properties, the suburb attracts first home buyers and young professionals seeking affordable entry points into the Sydney property market. The median apartment price of $855,000 makes it relatively accessible compared to other Sydney suburbs.
The higher median house price of $1,950,000 also attracts families looking for larger homes with gardens. The historical growth rates, with a 20-year CAGR of 4.2%, may appeal to those looking for long-term capital appreciation. The mix of housing types and price points makes Miranda attractive to a wide range of buyers.
Market Analysis
Currently, the Miranda property market is positioned below its long-term trend. This indicates that, based on historical data, Miranda is in undervalued territory. This position is determined by comparing recent price movements against the suburb's established growth trajectory.
Being below its long-term trend suggests that property prices in Miranda may not have reached their full potential compared to historical averages. Market analysts typically use data like this to understand potential future price movements, although past performance is not indicative of future results. It’s important to consider all market factors when analysing the potential of a suburb like Miranda.
Is Miranda a Good Investment?
Analysing Miranda's historical growth patterns reveals a consistent upward trend over the long term. The full-period CAGR of 4.9% indicates sustained growth over the past 36 years. This growth has been influenced by various factors, including its location, amenities, and transport links.
The current cycle position, with Miranda being below its long-term trend, presents an interesting scenario. While historical data shows consistent growth, it's essential to consider that past performance is not indicative of future results. Factors such as interest rates, economic conditions, and local development can all impact property values in Miranda. The 10-year CAGR of 2.2% reflects more recent market conditions and should also be considered.
Miranda Market Outlook
As of early 2026, the Miranda property market is positioned below its long-term trend. Recent price trends suggest a period of relative stability, although market conditions can change rapidly. While the suburb presents as undervalued based on historical data, potential buyers and sellers should conduct thorough research and seek independent advice.
Overall, Miranda's market dynamics reflect a suburb with a diverse housing stock and a history of long-term growth. The current market position provides an interesting perspective on potential future price movements, but it is essential to consider all market factors when making property decisions as of early 2026.
Streets & Location in Miranda, NSW
Located within the 2228 postcode, Miranda boasts a variety of residential streets. Among the streets with higher median prices are Kareena Road, Montgomery Street, and Macartney Street. These streets may offer larger properties, better amenities, or more desirable locations within Miranda.
With a total of 235 streets, Miranda offers a range of living environments. The suburb’s location within the Sutherland Shire provides access to both urban conveniences and natural surroundings, contributing to its appeal.
Market Dynamics
The average settlement time for properties in Miranda is approximately 55 days. This timeframe provides an indication of the efficiency of property transactions within the suburb. A shorter settlement period can suggest a more active and liquid market.
Data on quick-flip percentages is not available for Miranda. However, the overall market activity and settlement times provide insight into the transaction patterns within Miranda.
Development & Density
Miranda features a mix of housing types, with a notable presence of apartment buildings. The suburb has 208 apartment buildings, contributing significantly to its residential density. This reflects a trend towards higher-density living in certain areas of Miranda.
The presence of both houses and apartment buildings creates a diverse housing market within Miranda. This allows for a range of lifestyle options, from those seeking larger family homes to those preferring the convenience of apartment living.
Growth & Property Mix
Miranda's property market has demonstrated consistent growth over the long term. The suburb has achieved a 10-year Compound Annual Growth Rate (CAGR) of 2.2%. Looking further back, the 20-year CAGR stands at 4.2%, and the full-period CAGR, encompassing the entire 36 years of data, is 4.9%.
The property mix in Miranda is diverse, with apartments accounting for approximately 50% of the properties. This balance between houses and apartments provides a range of options for those interested in the Miranda property 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.