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Kurraba Point

NSW 2089LGA: North Sydney

Investment Score

78

/100

AI Intelligence Summary

Kurraba Point is an exclusive harbourside suburb in North Sydney, renowned for its premium waterfront properties and stunning harbour views. With a population of approximately 1,200 residents, this small, affluent enclave attracts established professionals and families seeking prestige and tranquility just 4km from Sydney CBD. The suburb features predominantly heritage-listed detached houses on large lots, creating low population density and a village-like atmosphere. Property values are among Sydney's highest, with median house prices exceeding $5 million, driven by limited supply and exceptional harbour frontage. The community enjoys access to Kurraba Point Reserve, premium private schools nearby, and excellent ferry connections via Neutral Bay wharf. While lacking direct rail access, residents benefit from well-maintained infrastructure, very low crime rates, and proximity to Neutral Bay's shopping and dining precinct. The suburb's heritage restrictions maintain its character but limit development opportunities, contributing to strong capital growth and minimal rental vacancy rates.

Strengths

  • Premium harbourside location with exceptional water views
  • Heritage-listed properties maintaining suburb character and exclusivity
  • Very low crime rates and excellent safety record
  • Strong capital growth potential due to limited housing supply

Opportunities

  • Continued harbour frontage premium driving long-term capital growth
  • Potential for luxury renovation projects within heritage guidelines
  • Growing demand for prestige properties from high-net-worth individuals
  • Infrastructure improvements in North Sydney benefiting the area

Considerations

  • No direct rail access requiring bus connections to transport hubs
  • Limited parking availability in commercial areas
  • Heritage restrictions constraining development and renovation options
  • Very high property prices limiting buyer pool

Property Market

Median House

$5.20M

+8.5% 1yr

Median Unit

$1.85M

+6.2% 1yr

Rent (House)

$2,800/wk

Rent (Unit)

$1,200/wk

Days on Market

32

Vacancy Rate

0.8%

Auction Clearance

78.0%

Price Growth

Type1 Year3 Year5 Year
House+8.5%+28.2%+45.8%
Unit+6.2%+22.5%+38.4%

Rental Yields

House Yield

2.8%

Unit Yield

3.2%

Investment Scorecard

Overall Investment Score78/100
Growth Potential82/100
Cashflow Score58/100
Risk Score (lower = safer)75/100
Affordability Index45/100

Demand/Supply Ratio: 2.40

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Kurraba Point at median house price

Standard transfer
$291,850
First Home Buyer
$291,850
Foreign buyer surcharge
$416,000

+8% surcharge

Annual rent income
$145,600

$2800/wk

Interest (80% LVR @ 6.5%)
-$270,400
Other expenses (~2.5%)
-$130,000
Net rental position
-$254,800

Negatively geared

Tax benefit (39% MTR)
+$99,372

Reduces taxable income

After-tax holding cost
$155,428/yr

~$2,989/week

Based on 9.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$8.06M
Capital gain
$2.54M
After discount
$1.27M
CGT payable
$495,668

10-Year Hold

Est. value
$12.49M
Capital gain
$6.97M
After discount
$3.49M
CGT payable
$1.36M

Investor Quick Summary

Entry cost (stamp duty)

$291,850

After-tax yield

1.71%

Weekly holding cost

$2989/wk

10yr CGT (est.)

$1.36M

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

1,200

Median Age

45

Median Income

$185K

per annum

Family Households

68.0%

Professionals

58.0%

University Educated

72.0%

Unemployment

2.8%

Born Overseas

38.0%

Dwelling Mix

Houses: 78%Units: 20%Townhouses: 2%Total: 485

Lifestyle & Community

Walkability72/100
Public Transport6/10
Schools Rating8/10
Safety9/10
Family Friendly8/10
Cafes & Restaurants

12

Parks

4

Hospitals

2

Distance to CBD

4.2 km

Nearest Station: North Sydney Station

Premium harbourside lifestyle with access to recreational facilities, fine dining nearby, and cultural attractions within easy reach of the CBD.

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Data sourced from multiple sources. Last updated 27 March 2026.

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