Grays Point
Household income in the 97.5th percentile nationally and a median house price of $1,760,000 define Grays Point as one of the Sutherland Shire's most firmly established wealth pockets. The suburb scores decile 10 on both IRSD and IER, the top advantage tier nationally, yet it remains compact at 1.31 km2 with just 3,034 residents. What sets it apart is its stock composition: 98.4% of dwellings are separate houses, and 62.7% have four or more bedrooms, figures well above state and national averages. Only 6.5% of residents rent, among the lowest shares you will find in greater Sydney, because long-held outright ownership at 45.9% shapes who lives here.
Population
3,034
Median Age
44.0
Household IncomeiMedian weekly household income (ABS Census)
$3,061/wk
DAs (12 months)iDevelopment Applications lodged in the past year
23
Median House
$1.8M
2024-2025 (PSI derived)
At $1,760,000, the Grays Point median is substantially above the NSW average, and the price data shows a modest 3.4% easing from $1,780,000 in 2024 to $1,720,000 in 2025. For buyers, the housing stock is unusually homogeneous: 98.4% are separate houses and 62.7% have four or more bedrooms, meaning competition concentrates on a narrow category rather than spreading across apartment or semi-detached alternatives. Monthly mortgage repayments average $3,033, giving a mortgage-to-income ratio of 22.9%, below the 30% stress threshold despite the high entry price, because household incomes sit in the 97.5th percentile nationally. Outright owners at 45.9% slightly outnumber mortgage holders at 47.6%, indicating a mix of long-established owners and recent buyers carrying debt at premium valuations.
For Buyers
At $1,760,000, the Grays Point median is substantially above the NSW average, and the price data shows a modest 3.4% easing from $1,780,000 in 2024 to $1,720,000 in 2025. For buyers, the housing stock is unusually homogeneous: 98.4% are separate houses and 62.7% have four or more bedrooms, meaning competition concentrates on a narrow category rather than spreading across apartment or semi-detached alternatives. Monthly mortgage repayments average $3,033, giving a mortgage-to-income ratio of 22.9%, below the 30% stress threshold despite the high entry price, because household incomes sit in the 97.5th percentile nationally. Outright owners at 45.9% slightly outnumber mortgage holders at 47.6%, indicating a mix of long-established owners and recent buyers carrying debt at premium valuations.
For Investors
Rental demand in Grays Point is thin by design: only 6.5% of dwellings are rented, compared to Sydney averages above 30%, because the suburb's ownership culture and $1,760,000 price point self-select for owner-occupiers. Weekly rent of $630 against that median implies a gross yield below 2%, low even for premium Sydney markets. The vacancy rate of 4.8% is elevated relative to the small rental pool, signalling patchy demand for the few rental properties available. Overseas migration drives net population growth at 136 arrivals per year, slightly supporting demand, while internal migration is a net negative at minus 61 annually. Development activity runs at 20 applications over 12 months, mostly alterations and pool additions rather than new dwellings, so supply constraints remain in place for the long term.
Development Activity
Total DAs
150
Last 12 Months
23
YoY ChangeiYear-over-year change in DA lodgements
-4.2%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Grays Point iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Grays Point Public School
K-6 · 353 students
Demographics
The median age of 44 is 4.0 years above the national figure, and the senior share grew 2.3 points over the decade while the working-age share fell 1.6 points, a steady aging trajectory. Average household size of 3.0 is 0.5 above national, consistent with the large-family housing stock: 62.7% of dwellings have four or more bedrooms and couples with children account for 1,189 of 2,751 families. Overseas-born residents at 16.0% are 5.6 points below the national share, and ancestry leans strongly Anglo-Celtic, led by English (1,358), Irish (421) and Scottish (363). University qualifications reach 41.0%, which is 10.9 points above the national figure, pointing to a professional and managerial resident base. Volunteering at 17.9% is notably active for a suburb of this size.
Age Distribution
Bedrooms
Dwelling Structure
98.4%
Houses
1.6%
Townhouse
N/A
Apartment
Tenure
Tenure is split between outright owners at 45.9% and mortgage holders at 47.6%, with renters at just 6.5%, one of the lowest renter shares in greater Sydney. The stock is almost entirely separate houses at 98.4%, with semi-detached properties making up the remaining 1.6% and apartments absent from the recorded data. Four-plus bedroom homes dominate at 62.7%, with three-bedroom dwellings at 33.2%, so the supply of smaller homes is negligible. Price movement shows a 3.4% decline from $1,780,000 in 2024 to $1,720,000 in 2025, a modest correction from the peak rather than a structural shift. Mortgage-to-income at 22.9% and rent-to-income at 20.6% both sit below the 30% stress threshold, suggesting existing residents are comfortable servicing costs at current income levels.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$3,033
Rent / wk
$630
HH Size
3.0
Personal Income / wk
$1,083
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
4.8%
Unoccupied
49
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
20.6%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
22.9%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
23.8%
Couples, no children
2,751
Total families
Economy & Employment
Healthcare and Education each claim around 14% of the local workforce, at 181 and 174 workers respectively, followed by Construction at 12.8% and Professional/Tech at 12.3%. The occupational profile aligns with the SEIFA decile 10 IEO score for education and occupation: Professionals (487) and Managers (292) together account for the largest share of employed residents. The unemployment rate is 3.0%, below the national average, and the full-time employment rate is 62.5% with a participation rate of 60.9%. Real household income grew 16.5% over the decade, faster than inflation, reflecting structural uplift rather than just price effects. The IRSAD decile of 9 and IEO decile of 8 place the suburb in the upper advantage tiers nationally, while the IER decile 10 reflects the high wealth stored in property.
Unemployment
1.8%
Labour Force
11,002
Unemployed
198
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
62.5%
Part-time
34.5%
Participation
60.9%
Employed
1,447
Occupations
Top Industries
University
41.0%
Postgraduate
11.7%
Born Overseas
16.0%
Dwellings
971
Transport to Work
Transport reliance is almost entirely car-based: 91.5% of residents drive to work and only 1.3% use public transport, higher than typical for a suburb this close to the Princes Highway corridor but consistent with a low-density area of large blocks. The suburb scores decile 10 on both IRSD and IER, meaning minimal disadvantage and high economic resources relative to all suburbs nationally. Only 2.6% of residents (78 people) need daily assistance, low even accounting for the older median age of 44. No schools are recorded within the suburb boundary in this dataset, so families depend on institutions in adjacent Sutherland Shire suburbs. The 4.8% vacancy rate is manageable, and rent-to-income at 20.6% keeps housing costs below stress levels for those who do rent.
Drive
91.5%
Public Transport
1.3%
Walk / Cycle
1.7%
Work from Home
N/A
Population Forecast
+0.46%/yr
(+86 people/yr)
EstablishedGrays Point adds roughly 86 people per year, a 0.46% annual rate that places it in the slow-growth category compared to broader Sydney expansion. The 10-year population change of 7.8% is modest, and the medium forecast holds the broader SA2 population near 19,234 by 2031. Overseas migration is the primary growth driver at a net 136 arrivals annually, while internal migration runs at minus 61, typical of high-cost suburbs where residents moving within Australia find prices prohibitive. Rent grew 35.9% over the decade, outpacing real income growth of 16.5%, which explains why affordability improved only marginally from 53.4% in 2011 to 50.7% in 2021 despite strong incomes. The gentrification score of 35 with an early-signs stage reflects that while the suburb is already advantaged, some compositional change is underway.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+136
Net Internal / yr
-61
Gentrification Signal
Not gentrifying
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Grays Point compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Grays Point a good suburb to live in?
Grays Point ranks in decile 10 on IRSD and IER, the top advantage tier nationally, with household income in the 97.5th percentile. The suburb offers large family homes, with 62.7% of dwellings having four or more bedrooms and 98.4% being separate houses. The main trade-off is the $1,760,000 median house price and near-total car dependency at 91.5% of commuters.
What is the median house price in Grays Point?
The median house price is $1,760,000, based on 2024-2025 PSI data. Prices eased 3.4% from $1,780,000 in 2024 to $1,720,000 in 2025. Monthly mortgage repayments average $3,033, and the mortgage-to-income ratio is 22.9%, below the 30% stress threshold given local household incomes in the 97.5th percentile nationally.
What schools are in Grays Point?
No schools are recorded inside the Grays Point suburb boundary in this dataset, so families draw on schools in surrounding Sutherland Shire suburbs. The resident population is highly educated, with 41.0% holding university qualifications, which is 10.9 percentage points above the national figure.
Is Grays Point safe?
Detailed crime statistics are not available for Grays Point in this dataset. As an indirect measure, the suburb scores decile 10 on the IRSD index of relative disadvantage, the highest tier nationally, and only 2.6% of its 3,034 residents need daily assistance. Low-disadvantage areas consistently correlate with lower crime rates across NSW.
Is Grays Point good for property investment?
Investment conditions are mixed. Only 6.5% of dwellings are rented, far below the Sydney average of around 30%, limiting the tenant pool. Weekly rent of $630 against a $1,760,000 median implies a gross yield below 2%. Overseas migration adds 136 net residents annually, but internal migration is minus 61, and the 4.8% vacancy rate is elevated for the small rental pool.
How is Grays Point's population changing?
The population of 3,034 is growing at 0.46% per year, adding roughly 86 people annually. Over 10 years the suburb expanded 7.8%, slower than greater Sydney. Overseas migration at a net 136 arrivals per year is the primary driver, while internal migration runs at minus 61 annually, consistent with the high entry price deterring domestic movers.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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