Kurraba Point
At 0.23 km2 with just 1,401 residents, Kurraba Point packs an extraordinary concentration of wealth into one of Sydney Harbour's most compact peninsulas. Household income sits in the 97.4th percentile nationally, and 66.5% of residents hold university qualifications, which is 36.4 percentage points above the national figure. The suburb is 79.5% apartments yet carries a $2,100,000 median house price, and a 20.1% vacancy rate signals that much of this premium stock cycles between occupants or sits as investment property. With a median age of 43, three years above national, the resident profile skews toward established, high-earning professionals rather than young families.
Population
1,401
Median Age
43.0
Household IncomeiMedian weekly household income (ABS Census)
$3,047/wk
DAs (12 months)iDevelopment Applications lodged in the past year
14
Median House
$2.1M
2024-2025 (PSI derived)
The $2,100,000 median house price places Kurraba Point firmly in Sydney's upper tier, yet the stock is overwhelmingly apartments at 79.5%, leaving separate houses at just 15.0% of dwellings. Two-bedroom apartments dominate at 42.4% of stock, with three-bedroom units at 26.1% and studios or one-bedders at 18.7%. Monthly mortgage repayments average $3,000, producing a mortgage-to-income ratio of 22.7%, which sits below the 30% stress threshold despite the premium price, because household incomes are in the 97.4th percentile nationally. Outright owners at 30.3% outnumber mortgage holders at 17.8%, suggesting established, debt-free capital rather than a pool of recent first-home buyers competing for entry.
For Buyers
The $2,100,000 median house price places Kurraba Point firmly in Sydney's upper tier, yet the stock is overwhelmingly apartments at 79.5%, leaving separate houses at just 15.0% of dwellings. Two-bedroom apartments dominate at 42.4% of stock, with three-bedroom units at 26.1% and studios or one-bedders at 18.7%. Monthly mortgage repayments average $3,000, producing a mortgage-to-income ratio of 22.7%, which sits below the 30% stress threshold despite the premium price, because household incomes are in the 97.4th percentile nationally. Outright owners at 30.3% outnumber mortgage holders at 17.8%, suggesting established, debt-free capital rather than a pool of recent first-home buyers competing for entry.
For Investors
With 51.9% of households renting and weekly rent at $610, Kurraba Point holds a deep tenant base compared to most Sydney suburbs. However, the 20.1% vacancy rate is high and reflects genuine oversupply in the apartment segment, which accounts for 79.5% of dwellings. Against the $2,100,000 median, the $610 weekly rent implies a gross yield below 1.6%, low by any measure. Development activity is modest at 14 applications over 12 months, mostly demolition and residential flat building works. The investment case rests on capital preservation in a premium harbourside location rather than yield, with 14.7% of local workers in Finance and 23.8% in Professional/Tech supporting sustained rental demand from high-income tenants.
Development Activity
Total DAs
94
Last 12 Months
14
YoY ChangeiYear-over-year change in DA lodgements
-12.5%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 43 is three years above the national average, consistent with an established professional and semi-retired cohort. Overseas-born residents reach 37.8%, which is 16.2 percentage points above the national figure. Ancestry is predominantly Anglo-Celtic, led by English (561 residents), Irish (191) and Scottish (183), alongside 88 residents of Chinese ancestry. University qualifications at 66.5% are 36.4 points above national, one of the highest rates in NSW. Average household size is 2.0, half a person below the national average, and 47.3% of families are couples without children, reflecting the older age profile. The volunteering rate of 22.7% is above typical suburban levels, pointing to an engaged, time-rich community.
Age Distribution
Bedrooms
Dwelling Structure
15.0%
Houses
5.6%
Townhouse
79.5%
Apartment
Tenure
Tenure is unusual for a premium suburb: 51.9% of households rent, higher than the outright owners at 30.3% and mortgage holders at 17.8%. This renter-majority pattern in a $2,100,000-median market means most occupants are high-income tenants rather than owner-occupiers. The stock is 79.5% apartments and 5.6% semi-detached, with separate houses at just 15.0%, making genuine house purchases rare and contested. Two-bedroom dwellings are the dominant form at 42.4%, followed by three-bedrooms at 26.1%. Housing stress is low, with rent-to-income at 20.0% and mortgage-to-income at 22.7%, both comfortably below the 30% stress threshold. The 20.1% vacancy rate is elevated compared to Sydney norms, suggesting investment-held stock that is not always occupied.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$3,000
Rent / wk
$610
HH Size
2.0
Personal Income / wk
$1,744
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
20.1%
Unoccupied
161
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
20.0%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
22.7%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
47.3%
Couples, no children
936
Total families
Economy & Employment
The local workforce is concentrated in knowledge-economy sectors: Professional/Tech leads at 23.8% of workers (169 people), Finance follows at 14.7% (104) and Healthcare at 11.3% (80), with Education at 6.6% and Public Admin at 6.5%. By occupation, Professionals account for 376 workers and Managers for 206, together representing the large majority of employed residents. Full-time employment runs at 73.4%, above national norms, and unemployment at 4.2% is moderate. Personal weekly income averages $1,744, which places residents well above typical Australian earnings. Family weekly income averages $4,125, consistent with the 97.4th percentile household income ranking. Participation at 67.4% is reasonable given 323 residents are not in the labour force, likely reflecting the older median age of 43.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
73.4%
Part-time
22.4%
Participation
67.4%
Employed
808
Occupations
Top Industries
University
66.5%
Postgraduate
23.8%
Born Overseas
37.8%
Dwellings
648
Transport to Work
Car dependency is high at 81.2% of commuters driving, above typical inner-harbour suburbs, while public transport use is just 5.1% and walking or cycling 6.1%. No schools are recorded within the 0.23 km2 boundary, so families rely entirely on institutions in neighbouring suburbs such as Neutral Bay and Cremorne. Crime data is not available for this suburb. The 97.4th percentile household income ranking and high university qualification rate of 66.5% point to a low-disadvantage environment, supported by the low 2.3% rate of residents needing daily assistance (31 people). Rent-to-income at 20.0% keeps tenants well below financial stress. The combination of harbour proximity, premium apartment stock and a professional resident base makes Kurraba Point one of the more desirable compact residential enclaves on the lower north shore.
Drive
81.2%
Public Transport
5.1%
Walk / Cycle
6.1%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Kurraba Point compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Kurraba Point a good suburb to live in?
Kurraba Point sits in the 97.4th percentile for household income nationally, and 66.5% of residents hold university qualifications, which is 36.4 points above the national average. The 0.23 km2 peninsula setting on Sydney Harbour is tightly held. Trade-offs include limited schools within the boundary and a 20.1% apartment vacancy rate that points to investment-driven stock.
What is the median house price in Kurraba Point?
The median house price is approximately $2,100,000 based on PSI-derived data. The suburb is 79.5% apartments with separate houses at just 15.0% of stock, making house purchases rare. Weekly rent averages $610 and monthly mortgage repayments average $3,000.
What schools are in Kurraba Point?
No schools are recorded within Kurraba Point's 0.23 km2 boundary. Families typically access schools in neighbouring Neutral Bay, Cremorne and Mosman. Despite this, 66.5% of local residents hold university qualifications, which is 36.4 points above the national figure, reflecting a highly educated adult population.
Is Kurraba Point safe?
Detailed crime statistics are not available for Kurraba Point in this dataset. As an indirect indicator, the suburb sits in the 97.4th percentile for household income nationally and only 2.3% of residents (31 people) need daily assistance, both consistent with a low-disadvantage, well-resourced community.
Is Kurraba Point good for property investment?
The renter share of 51.9% provides a strong tenant base, but the 20.1% vacancy rate and a gross yield below 1.6% (based on $610 weekly rent against a $2,100,000 median) make yield-driven investment difficult. The 14 DA applications in 12 months suggest modest replacement activity rather than new supply pressure. Returns depend on capital growth in a tightly held, premium location.
How is Kurraba Point's population changing?
At 1,401 residents in 0.23 km2, Kurraba Point is already highly dense at 5,964 people per km2. The 20.1% vacancy rate suggests the suburb can absorb more occupants without new construction. The median age of 43 is 3 years above the national average, pointing to a slowly aging profile rather than strong population inflow from younger cohorts.
What languages are spoken in Kurraba Point?
Around 37.8% of residents were born overseas, which is 16.2 percentage points above the national figure. English is dominant, with Mandarin (17 speakers) and Cantonese (11 speakers) the most common non-English languages. Chinese ancestry accounts for 88 residents, alongside the predominant English (561), Irish (191) and Scottish (183) ancestry groups.
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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