Millers Point (NSW)

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According to investigations of ABS updates for the region and new home addresses verified by Districts since the Census, the suburb of Millers Point had approximately 1,931 residents in May 2026. This represents a growth of 196 people (11.3%) relative to the 2021 Census, which counted 1,735 people. This shift is calculated from the resident population of 1,931, determined by Districts following an analysis of the ABS June 2025 release of ERP figures and an additional 6 validated new addresses registered since the Census. Such a population size results in a density of 7,724 persons per square kilometer, placing the locality in the top 10% of all national areas evaluated by Districts and highlighting the intense demand for local land. The 11.3% growth rate recorded in the suburb of Millers Point since the 2021 census outpaced the state (7.1%) and Greater Sydney, establishing the locality as a regional leader in expansion. The primary catalyst for this demographic growth was overseas migration, which accounted for roughly of the total population gains in recent times.

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The local workforce is highly educated, featuring a strong concentration of professional service roles, an unemployment rate of only 2.3%, and an estimated job growth rate of 0.8% over the preceding year, according to Districts compilations of localized data. In March 2026, employed residents numbered 1,131, while the local unemployment rate sat 1.8% below the Greater Sydney mark of 4.1%, and the labor participation rate was slightly lower than typical levels (64.2% versus 69.1% across Greater Sydney). Census data indicates that a notable 64.4% of the working population performed their duties from home, though this figure may have been influenced by pandemic-related lockdowns.

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Taxpayer statistics at the postcode level from the ATO, compiled by Districts for the financial year 2023, show the median income in Millers Point is $49,037 with an average income of $122,845. These metrics represent exceptionally high positions on a national scale, contrastingly sharply with the median income of $60,817 and average income of $83,003 recorded across Greater Sydney. Factoring in Wage Price Index growth of 10.32% since the financial year 2023, updated estimates suggest figures of roughly $54,098 for the median and $135,523 for the average as of March 2026. The 2021 Census confirms that household, family, and individual incomes in the locality are positioned in the top tier, placing between the 98th and 99th percentiles nationwide. In terms of earnings distribution, the largest segment consists of 40.8% of the local population (787 people) who earn + per week, whereas the regional leader is the - range at . Financial capacity is evident as of households register high weekly earnings above which sustains elevated local retail spending. Premium housing costs account for of earnings, yet strong wages keep net disposable income in the th percentile, and the local SEIFA income score places the area in the th decile.

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Housing types in Millers Point recorded at the time of the latest Census consisted of 1.2% separate houses and 98.9% alternative dwellings such as townhouses, apartments, and other housing structures, compared to 55.9% houses and 44.1% alternative dwellings across metropolitan Sydney. Home ownership rates in the suburb were slightly below metropolitan Sydney averages at 26.0%, with the remaining properties occupied by households with a mortgage (12.7%) or tenants (61.3%). The median monthly home loan repayment of $3,900 was notably higher than the Sydney metro median of $2,427, while the median weekly rent stood at $800 compared to the regional benchmark of $470. On a national level, home loan repayments in the area are considerably higher than the Australian median of $1,863, and weekly rents are well above the national median of $375.

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Families represent the majority of local households at 55.7%, which includes couples with children at 12.4%, couples without children at 38.2%, and single parent households at 3.6%. The remaining 44.3% are non-family households, with single person living arrangements accounting for 39.9% and group households representing 4.8%. The median household size is 1.9 people, which is smaller than the Greater Sydney average of 2.7.

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Levels of education in Millers Point are substantially higher than broader geographic benchmarks, with 62.3% of residents aged 15+ holding a university degree compared to 30.4% in Australia and 32.2% in NSW. This pronounced academic profile positions the local workforce well for knowledge-intensive roles. Bachelor degrees represent the most common credential at 37.9%, followed by postgraduate degrees (20.9%) and graduate diplomas (3.5%). Vocational education constitutes 17.9% of qualifications for residents aged 15+, which is split between advanced diplomas (9.8%) and certificate qualifications (8.1%).

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Analysis of public transit options shows 10 transit stops currently in service within Millers Point, consisting of light rail and bus facilities. These stops are connected to 4 distinct routes, which combine to support 5,912 passenger journeys every week. Accessibility is classified as outstanding, with residents living an average of 114 meters from their nearest transit connection. Because the neighborhood is mostly residential, the majority of workers travel out of the area, with walking being particularly popular at 44% of commuters, and 10% utilizing the train network. Vehicle ownership stands at an average of 0.4 cars per household, below the regional benchmark. A substantial 64.4% of employed residents work from home, based on 2021 Census data which may reflect pandemic-era conditions.

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Local health data shows excellent wellness profiles for Millers Point, based on Districts assessments of mortality records and chronic illnesses, which reveal low rates of common health issues across all age brackets. Additionally, private health insurance uptake is exceptionally high, covering approximately 75% of the local population (1,453 people). This compares to 59.9% of residents in Greater Sydney and a national benchmark of 55.7%.

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Millers Point registers significant levels of cultural diversity, with 27.7% of the population using a non-English language at home and 48.0% of residents born outside Australia. Christianity is the primary religious affiliation, representing 43.6% of local residents. The most distinct relative concentration is found among followers of Judaism, who make up 1.2% of the local population compared to 0.8% across Greater Sydney.

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The median age of 42 years in the suburb of Millers Point is notably higher than the Greater Sydney average of 37 years and the national average of 38 years. The 25 - 34 age bracket is strongly represented at 21.4% compared to Greater Sydney, while the 5 - 14 demographic is less common at 3.3%. This concentration of residents aged 25 - 34 is considerably higher than the national share of 14.6%. Data collected since the 2021 Census shows the 25 to 34 age bracket has risen from 19.2% to 21.4% of the population, and the 75 to 84 cohort has grown from 6.4% to 8.3%. In contrast, the to cohort fell from to , and the to group decreased from to . Future projections for indicate notable demographic shifts in the suburb of Millers Point, led by the to age cohort, which is expected to expand by ( people) to reach from .

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Millers Point currently has an estimated 69 children under 5 years old, comprising approximately 32 children aged 0-2 and 21 children aged 3-4. This cohort grew by an estimated 21% since the previous census. while population forecasts indicate future growth, with an anticipated increase of 75% by 2041 (to approximately 121 children). Meanwhile the 5-12 cohort currently amounts to 33. While growth has been positive birth rates observed in the area have been low, with approximately 6.1 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area among the bottom 20% of areas assessed nationally. This rate has slowed down slightly in recent years however.