Milsons Point (NSW)

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According to evaluations of ABS demographic updates for the surrounding region alongside new addresses verified by Districts since the Census, the resident count of the suburb of Milsons Point is estimated at approximately 2,886 as of May 2026. This represents a growth of 357 residents (14.1%) relative to the 2021 Census, which documented a residency of 2,529 individuals. The adjustment is calculated from the local population of 2,886, determined by Districts after analyzing the June 2025 ABS ERP data release and incorporating an additional 116 validated new addresses since the Census. Such a population size results in a density of 14,430 persons per square kilometer, placing the locality within the highest 10% of nationwide areas analyzed by Districts, highlighting the high demand for local land. The 14.1% expansion rate of the suburb of Milsons Point since the 2021 census outpaced both the SA4 region (5.9%) and the SA territory, positioning it as a leading growth area locally. The upward trend in residency was largely fueled by arrivals from abroad, who accounted for about of the overall population increases in recent times.

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Milsons Point has a workforce with high levels of education, particularly in the technology sector, with an unemployment rate of only 2.6% and an estimated annual job growth of 2.3% according to Districts regional compilations. In March 2026, there are 1,875 employed residents, and the unemployment rate is 1.5% lower than the 4.1% average for Greater Sydney, while the participation rate is relatively typical, sitting at 71.2% compared to 69.1% for Greater Sydney. Census data indicates that a substantial 70.5% of the workforce operated from home, though this may reflect the influence of COVID-19 restriction periods.

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According to the most recent postcode-level ATO statistics for the 2023 financial year, taxpayer earnings in the suburb of Milsons Point rank within the highest percentile nationally, featuring a median of $89,480 and an average of $160,033. This stands in contrast to Greater Sydney, which recorded a median of $60,817 and an average of $83,003. Factoring in Wage Price Index growth of 10.32% since the 2023 financial year, current estimates point to approximately $98,714 for the median and $176,548 for the average as of March 2026. Data from the 2021 Census shows that household, family, and individual earnings in Milsons Point all rank highly, placing in the 98th to 99th percentiles across the country. In terms of earnings distribution, the cohort earning $4000+ weekly accounts for 42.6% of the population, equivalent to individuals, differing from the wider region where the - band is most common at . Financial strength is evident, with of households generating weekly incomes above which sustains high levels of retail spending. Though high housing costs take up of earnings, strong incomes keep disposable funds in the th percentile, and the SEIFA index ranks the area in the th decile for income.

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The mix of housing types in Milsons Point at the most recent Census consisted of natural language zero houses and 100.0% alternative dwellings like apartments, townhouses, and other formats, compared to the Sydney metropolitan split of 55.9% houses and 44.1% other dwellings. The home ownership rate in Milsons Point aligned closely with the metropolitan average at 28.9%, with the remaining properties being mortgaged at 13.9% or occupied by tenants at 57.2%. The median monthly mortgage payment in the area stood at $2,800, notably higher than the Sydney metropolitan average of $2,427, while the median weekly rent was $750 compared to the regional figure of $470. On a national level, Milsons Point's mortgage costs are significantly higher than the Australian average of $1,863, and rent levels are well above the national median of $375.

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Families make up the majority of households at 57.1%, consisting of couples with children at 12.3%, couples without children at 37.5%, and single parent families at 6.2%. The remaining 42.9% are non-family households, with single-person households representing 40.4% and group homes accounting for 2.4% of the total. The median household occupancy of 1.8 people is lower than the Greater Sydney average of 2.7.

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Educational attainment in Milsons Point is notably higher than regional and national averages, with 68.7% of residents aged 15+ holding a university degree, compared to 30.4% across Australia and 32.2% in NSW. This educational profile positions the community well for professional services and knowledge sector roles. Bachelor degrees are the most common qualification at 41.5%, followed by postgraduate degrees at 23.1% and graduate diplomas at 4.1%. Vocational qualifications account for 15.8% of credentials for those aged 15+, consisting of advanced diplomas at 9.5% and certificates at 6.3%.

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Public transport options include 17 active stops within Milsons Point, covering ferry, train, and bus services. These stops support 45 distinct routes, delivering a total of 10,351 weekly passenger journeys. Accessibility is rated as outstanding, with residents living an average of 68 meters from their nearest transit stop. As a primary residential district, most commuters travel out of the area, with private cars remaining the primary travel mode at 54%, followed by trains at 28%, and walking at 11%. Vehicle ownership stands at an average of 0.4 per household, below the regional benchmark. A notable 70.5% of residents worked from home according to the 2021 Census, which may reflect pandemic-era arrangements.

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Health profiles show excellent outcomes across Milsons Point, based on Districts analysis of mortality statistics and chronic disease trends, which reveal a very low rate of common medical conditions across all age cohorts. Additionally, the proportion of residents with private health insurance is exceptionally high at approximately 90% of the population, representing 2,592 people, compared to 59.9% in Greater Sydney and a national average of 55.7%.

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Milsons Point exhibits high cultural diversity, with 36.7% of residents using a language other than English at home and 54.0% born outside Australia. Christianity is the primary religion in Milsons Point, representing 43.7% of the community. The most distinct religious overrepresentation is Judaism, which accounts for 0.9% of the population, compared to 0.8% across Greater Sydney.

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With a median age of 44, the population of Milsons Point is older than the Greater Sydney average of 37 and the national average of 38. The 65 - 74 age bracket is highly represented at 13.0% compared to Greater Sydney, while the 5 - 14 demographic is less common at 3.4%. Since the 2021 Census, the 75 to 84 cohort expanded from 8.0% to 9.3% of the population, whereas the 25 to 34 group decreased from 21.0% to 19.8%. Demographic projections indicate the age profile of the suburb of Milsons Point will shift by 2041, led by a 54% increase in the 65 to 74 group, which is expected to rise by people to reach from . This aging trend is prominent, with residents aged + accounting for of the projected growth, while the to group is expected to experience a minor decrease of people.

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Milsons Point currently has an estimated 83 children under 5 years old, comprising approximately 58 children aged 0-2 and 38 children aged 3-4. This cohort grew by an estimated 4% since the previous census. though population forecasts indicate future decline, with an anticipated decrease of 4% by 2041 (to approximately 80 children). Meanwhile the 5-12 cohort currently amounts to 128. While growth has been positive birth rates observed in the area have been moderate, with approximately 8.4 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area among the bottom 30% of areas assessed nationally. This rate has slowed down slightly in recent years however.