Mcmahons Point NSW 2060

Here you can find what you need to know about Mcmahons Point, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$3.2m Median Sale Price (National Average $485k) 50th In NSW
-14.50% Median Price Change (1 yr) (National Average 4.30%) 3857th In NSW
$1,450pw Median Rent (National Average $395) 38th In NSW
2.4% Median Gross Yield (National Average 4.24%) 1868th In NSW
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Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Mcmahons Point, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Mcmahons Point, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Mcmahons Point, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Mcmahons Point


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Latest Auction Results for Mcmahons Point as at 24 March 2019

Property Details
Sale Price
1Bed / 1Bath / Car / Unit
-
2Bed / 1Bath / Car / Unit
-

State Auction Clearance Rates - March 2019

Auctions Clearance rate
NSW 495 62%
ACT 60 56%
NT 12 80%
QLD 116 31%
SA 112 48%
TAS 5 33%
VIC 797 58%
WA 42 56%

Local Schools


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Suburb Information

Mcmahons Point, NSW 2060

Part of: North Sydney Council No data available

The size of Mcmahons Point is approximately 0.4 square kilometres. It has 4 parks covering nearly 7.6% of total area. The population of Mcmahons Point in 2011 was 2,344 people. By 2016 the population was 2,284 showing a population decline of 2.6% in the area during that time. The predominant age group in Mcmahons Point is 30-39 years. Households in Mcmahons Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mcmahons Point work in a professional occupation. In 2011, 45.8% of the homes in Mcmahons Point were owner-occupied compared with 45.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mcmahons Point

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Mcmahons Point   for Houses in last 12 months


There have been 19 Houses sold in Mcmahons Point in the past 12 months with a median sale price of $3M, up -21.3% annually. It takes on average 60 days to sell with vendor discounting of -2.74%.

Streets in Mcmahons Point


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