Point Piper
At $7,720,000, the median house price in Point Piper places it among the most expensive postcodes in Australia, yet the suburb covers just 0.39 sq km and holds only 1,334 residents. Household income sits at the 99.8th percentile nationally, and 63.0% of residents hold university qualifications, which is 32.9 percentage points above the national figure. The median age of 52 is 12 years above the national median, reflecting an established, wealth-concentrated resident base. A 21.1% vacancy rate is the headline anomaly: more than 1 in 5 dwellings sits empty, consistent with significant offshore or investment holdings in a suburb where 71.1% of stock is apartments.
Population
1,334
Median Age
52.0
Household IncomeiMedian weekly household income (ABS Census)
$4,530/wk
DAs (12 months)iDevelopment Applications lodged in the past year
37
Median House
$7.7M
2024-2025 (PSI derived)
The $7,720,000 median house price is one of the highest in Australia, having grown 1.2% from $7,630,000 in 2024. Despite sky-high prices, mortgage stress is limited: mortgage-to-income sits at 25.5%, below the 30% stress threshold, because the buyers who remain here have household income at the 99.8th percentile. The stock splits 71.1% apartments and just 25.6% separate houses, so detached-house buyers face very scarce supply in a 0.39 sq km footprint. Outright owners at 51.6% far outnumber mortgage holders at 19.5%, signalling that most of the housing wealth is carried debt-free. Monthly mortgage repayments average $5,000. Four-plus bedroom homes account for 28.5% of stock, above the typical apartment suburb, reflecting the luxury scale of individual dwellings.
For Buyers
The $7,720,000 median house price is one of the highest in Australia, having grown 1.2% from $7,630,000 in 2024. Despite sky-high prices, mortgage stress is limited: mortgage-to-income sits at 25.5%, below the 30% stress threshold, because the buyers who remain here have household income at the 99.8th percentile. The stock splits 71.1% apartments and just 25.6% separate houses, so detached-house buyers face very scarce supply in a 0.39 sq km footprint. Outright owners at 51.6% far outnumber mortgage holders at 19.5%, signalling that most of the housing wealth is carried debt-free. Monthly mortgage repayments average $5,000. Four-plus bedroom homes account for 28.5% of stock, above the typical apartment suburb, reflecting the luxury scale of individual dwellings.
For Investors
A 28.9% renter share and $900 weekly rent give landlords a tenant pool, but yields are thin. Against the $7,720,000 median, that rent implies a gross yield well below 1%, making Point Piper a capital-preservation play rather than an income one. The 21.1% vacancy rate is notably high and points to speculative or intermittent-use holdings across the 71.1% apartment stock. Development activity totals 36 applications in the past 12 months, including residential flat building modifications and medium-density complying development, suggesting ongoing premium renovation and intensification rather than new supply growth. With only 1,334 residents in 0.39 sq km and price growth of 1.2% year-on-year, rental income alone cannot justify entry at these prices.
Development Activity
Total DAs
207
Last 12 Months
37
YoY ChangeiYear-over-year change in DA lodgements
-15.9%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 52 is 12 years above the national median, making Point Piper one of the most age-skewed suburbs in NSW. Overseas-born residents reach 36.8%, which is 15.2 percentage points above national. Ancestry is led by English (428), Irish (152), Scottish (124) and Chinese (133). The top non-English languages are Mandarin (29) and Italian (12), a smaller non-English cohort than many Sydney suburbs despite the high overseas-born share. University qualifications at 63.0% run 32.9 points above the national average. Couples without children account for 41.1% of families, consistent with the older profile and smaller household size of 2.2, which is 0.3 below the national average. Judaism (182 residents) is the second-largest religious group after Christianity (559), a proportion well above national norms.
Age Distribution
Bedrooms
Dwelling Structure
25.6%
Houses
3.4%
Townhouse
71.1%
Apartment
Tenure
Tenure is weighted heavily toward outright ownership: 51.6% own without a mortgage, compared with just 19.5% carrying a mortgage and 28.9% renting. That split is unusual even among affluent Sydney suburbs and reflects the age of the resident base, with a median age of 52 and substantial accumulated wealth. The stock is 71.1% apartments and 25.6% separate houses, with semi-detached at 3.4%. Three-bedroom dwellings are the most common at 35.7%, followed by two-bedroom at 29.2% and four-plus bedroom at 28.5%. The median house price rose from $7,630,000 in 2024 to $7,720,000 in 2025, a 1.2% gain. Rent-to-income of 19.9% is comfortable for tenants relative to most Sydney markets, though absolute rent at $900 per week reflects premium positioning.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$5,000
Rent / wk
$900
HH Size
2.2
Personal Income / wk
$1,835
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
21.1%
Unoccupied
143
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.9%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
25.5%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
41.1%
Couples, no children
934
Total families
Economy & Employment
The workforce is dominated by high-earning knowledge sectors. Professional and Technical services leads at 20.0% of workers (101 people), followed closely by Finance at 18.1% (91) and Healthcare at 15.3% (77). Real Estate and Construction round out the top five at 6.5% and 5.0% respectively. By occupation, Professionals (260) and Managers (211) account for the large majority of employed residents, consistent with household income in the 99.8th percentile nationally. Full-time employment runs at 65.6% and the unemployment rate is 3.2%, in line with comparable high-income Sydney suburbs. Participation is 53.0%, below the norm, because 407 residents are not in the labour force, a figure that reflects the retired or semi-retired older population at a median age of 52.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
65.6%
Part-time
31.2%
Participation
53.0%
Employed
610
Occupations
Top Industries
University
63.0%
Postgraduate
19.4%
Born Overseas
36.8%
Dwellings
532
Transport to Work
Point Piper residents rely heavily on cars: 83.5% drive, compared with the national car-driver share of around 60%, and only 3.1% use public transport, reflecting the suburb's limited rail access and harbour-edge geography. Walking and cycling account for 8.2% of journeys, above average for the density. No schools are recorded within the 0.39 sq km boundary, so families depend on institutions in neighbouring suburbs such as Double Bay and Edgecliff. Crime statistics are not available at suburb level for Point Piper. As an indirect measure, only 3.7% of residents (45 people) need daily assistance despite a median age of 52, and volunteering runs at 22.1%. Rent-to-income of 19.9% is below the 30% stress threshold, keeping tenants in a comfortable position relative to their incomes.
Drive
83.5%
Public Transport
3.1%
Walk / Cycle
8.2%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Point Piper compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Point Piper a good suburb to live in?
Point Piper is one of Australia's wealthiest suburbs, with household income at the 99.8th percentile nationally and 63.0% of residents holding university qualifications. It has 1,334 residents in 0.39 sq km on Sydney Harbour, offering privacy and exclusivity. The main practical constraints are limited public transport (3.1% usage) and no schools inside the boundary.
What is the median house price in Point Piper?
The median house price is $7,720,000, up from $7,630,000 in 2024, a 1.2% annual gain. Weekly rent averages $900 and monthly mortgage repayments run around $5,000. The mortgage-to-income ratio of 25.5% is below the 30% stress threshold, because buyers here have household income at the 99.8th percentile.
What schools are in Point Piper?
No schools are recorded within Point Piper's 0.39 sq km boundary, so families rely on schools in neighbouring suburbs. The resident population is highly educated, with 63.0% holding university qualifications, which is 32.9 percentage points above the national average.
Is Point Piper safe?
Detailed crime statistics are not available for Point Piper at suburb level. As an indirect measure, only 3.7% of residents (45 people) need daily assistance, and household income sits at the 99.8th percentile nationally, both consistent with a low-disadvantage area. The suburb's 1,334 residents are spread across 0.39 sq km of Sydney Harbour frontage.
Is Point Piper good for property investment?
Rental yield is very low: $900 per week rent against a $7,720,000 median implies a gross yield under 1%. The 21.1% vacancy rate signals significant speculative or intermittent-use holdings. Capital growth was 1.2% year-on-year in 2024-2025. Investment returns here depend entirely on long-run capital appreciation rather than income.
How is Point Piper's population changing?
Point Piper has a small, stable base of 1,334 residents in 0.39 sq km, with 78.5% of residents staying at the same address. The 21.5% turnover rate is moderate. The median age of 52 is 12 years above national, and the 41.1% couples-without-children share points to an aging, household-contracting demographic trajectory rather than growth.
What languages are spoken in Point Piper?
About 36.8% of residents were born overseas, which is 15.2 percentage points above the national figure. English dominates, with Mandarin (29 speakers) and Italian (12) the main non-English languages. The English-speaking majority is reflected in ancestry led by English (428), Irish (152), Scottish (124) and Chinese (133).
How much development is happening in Point Piper?
There were 36 development applications lodged in the past 12 months. These include residential flat building modifications, medium-density complying developments and waterway structure alterations. The activity reflects premium renovation and intensification of existing dwellings rather than new supply, consistent with a built-out 0.39 sq km footprint.
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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