Milsons Point · Suburb / Locality

Housing & Dwellings in Milsons Point

Where and how people live — the homes, how they are held, and what they cost.

Extremely high living costs define daily life in Milsons Point, where nearly half of all renters pay $750 or more per week. This is a high-density area where almost every home is a flat or apartment, making it one of the most expensive places to secure housing in the region.

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📍 Milsons Point, Suburb / Locality

Where Milsons Point sits — Median rent (weekly)

$750 ▲ +15.4%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Milsons Point — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
Milsons Point$750
2061, NSW $600
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical weekly rent of $750 is far above the national figure of $375. Those with mortgages also face significant costs, with typical monthly payments reaching $2,800, which is well above the New South Wales average.

$750 ▲ +15.4%

Higher than 99% of suburb / locality areas.

  • 2011: $650
  • 2016: $720
  • 2021: $750

Median weekly rent paid by households renting their home.

$2,800 ▼ -6.7%

Higher than 90% of suburb / locality areas.

  • 2011: $3,000
  • 2016: $3,000
  • 2021: $2,800

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Milsons Point, $750 or more is the majority at 51%; $550–$749 is next at 30%.

Monthly mortgage distribution

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In Milsons Point, the largest group is $3,000 or more at 46%, followed by $1,800–$2,999 (25%) and Under $1,000 (14%).

Owning & renting

How homes are owned or rented.

Renting is very common here, with 54.9% of households renting, a figure far above the national average of 30.6%. Meanwhile, the share of homes owned outright is much lower than in most other areas.

54.9% ▲ +4.0%

Higher than 94% of suburb / locality areas.

  • 2011: 52.8%
  • 2016: 52.8%
  • 2021: 54.9%

Share of occupied private dwellings that are rented.

28.4% ▲ +9.9%

Lower than 80% of suburb / locality areas.

  • 2011: 25.9%
  • 2016: 29.9%
  • 2021: 28.4%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Milsons Point, Rented is the majority at 55%; Owned outright is next at 28%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Flats or apartments make up 99% of all homes, and there are no separate houses in the area. Because there are so few large homes, the proportion of dwellings with three or more bedrooms is far below the national figure.

1.00 ▼ -16.7%

Higher than 89% of suburb / locality areas.

  • 2011: 1.20
  • 2016: 1.00
  • 2021: 1.00

Average number of usual residents per bedroom — a crowding measure.

0.0% ▼ -100.0%

Lower than 99% of suburb / locality areas.

  • 2011: 1.4%
  • 2016: 0.3%
  • 2021: 0.0%

Share of occupied private dwellings that are separate houses.

30.8% ▼ -11.2%

Lower than 99% of suburb / locality areas.

  • 2011: 34.7%
  • 2016: 33.7%
  • 2021: 30.8%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Milsons Point, Flat or apartment is the majority at 100%; Townhouse / semi-detached is next at 0%.

Bedrooms per home

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In Milsons Point, the largest group is 2 bedrooms at 36%, followed by 1 bedroom (30%) and 3 bedrooms (29%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Milsons Point

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Milsons Point [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12640/milsons-point/topic/housing-dwellings