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Suburb Insights ยท NSW 2000

Millers Point 2000, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Millers Point is an inner-city suburb of Sydney, Australia, with a population of approximately 1,735, making it a boutique locality. Located 1 km from the Sydney CBD, Millers Point is a inner city area in New South Wales. The median household income is $164,320 AUD per year (ABS 2021 Census).

Investment Score

80 / 100 Good

Strong household incomes in Millers Point underpin solid property demand. Its proximity to the CBD adds a strong location premium.

Location

Map shows Millers Point, New South Wales, Australia.

Key Indicators

Postcode
2000

Official Australia Post postcode for Millers Point. A postcode may cover multiple suburbs.

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Population
1,735

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$800/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$164,320/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
1 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$3,900/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
1% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Millers Point benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $800/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $3,900/month. A median household income of $164,320/year supports premium property values and indicates a well-employed resident base. With only 1% separate houses, Millers Point has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Millers Point's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Rental returns in Millers Point are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

The resale market in Millers Point may not support quick-turnaround renovation projects.

Risk Factors

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Full Property Analysis

30-year projections for Millers Point

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

Millers Point enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Millers Point remains on the radar of active property investors in New South Wales.

Frequently Asked Questions

Is Millers Point a good suburb for investment?

Millers Point is a inner city area in New South Wales with a population of 1,735. The median rent is $800/week and the median household income is $164,320/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Millers Point?

Key demand drivers in Millers Point include employment proximity and urban lifestyle. 1% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Millers Point?

According to the ABS 2021 Census, Millers Point has a population of approximately 1,735. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Millers Point from the Sydney CBD?

Millers Point is approximately 1 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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