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McMahons Point

NSW 2060LGA: North Sydney Council

Investment Score

82

/100

AI Intelligence Summary

McMahons Point is an exclusive harbourside suburb on Sydney's Lower North Shore, renowned for its premium location and stunning harbour views. This small, densely populated enclave primarily consists of high-end apartments and heritage homes, attracting affluent professionals and empty nesters who value proximity to the CBD and exceptional transport links. The suburb is served by its own ferry wharf with direct services to Circular Quay, while North Sydney train station is within walking distance. Blues Point Reserve provides recreational space and panoramic harbour views, making it a highly sought-after destination. The property market is dominated by apartments with premium pricing reflecting the prestigious location. Limited local amenities mean residents often travel to nearby North Sydney or Kirribilli for shopping and services, though the area boasts a strong café culture along Blues Point Road. The community is characterized by higher-income households, with a significant proportion of overseas-born residents from English-speaking countries.

Strengths

  • Prime harbourside location with spectacular Sydney Harbour views
  • Excellent transport connectivity via ferry and proximity to North Sydney station
  • Walking distance to Sydney Harbour Bridge and Circular Quay
  • High-quality housing stock with heritage character and modern apartments

Opportunities

  • Continued infrastructure investment in North Sydney precinct
  • Growing demand for premium harbour-view properties
  • Potential for heritage building renovations and conversions
  • Increasing ferry service frequency and transport improvements

Considerations

  • Very high property prices limiting affordability for many buyers
  • Limited local shopping and services requiring travel to nearby areas
  • Restricted parking availability and narrow streets
  • No local schools within suburb boundaries

Property Market

Median House

$4.20M

+8.5% 1yr

Median Unit

$1.85M

+6.8% 1yr

Rent (House)

$2,200/wk

Rent (Unit)

$1,250/wk

Days on Market

28

Vacancy Rate

1.2%

Auction Clearance

78.0%

Price Growth

Type1 Year3 Year5 Year
House+8.5%+22.0%+45.0%
Unit+6.8%+18.5%+38.0%

Rental Yields

House Yield

2.8%

Unit Yield

3.5%

Investment Scorecard

Overall Investment Score82/100
Growth Potential85/100
Cashflow Score65/100
Risk Score (lower = safer)75/100
Affordability Index45/100

Demand/Supply Ratio: 2.30

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for McMahons Point at median house price

Standard transfer
$221,850
First Home Buyer
$221,850
Foreign buyer surcharge
$336,000

+8% surcharge

Annual rent income
$114,400

$2200/wk

Interest (80% LVR @ 6.5%)
-$218,400
Other expenses (~2.5%)
-$105,000
Net rental position
-$209,000

Negatively geared

Tax benefit (39% MTR)
+$81,510

Reduces taxable income

After-tax holding cost
$127,490/yr

~$2,452/week

Based on 9.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$6.46M
Capital gain
$2.02M
After discount
$1.01M
CGT payable
$393,777

10-Year Hold

Est. value
$9.94M
Capital gain
$5.50M
After discount
$2.75M
CGT payable
$1.07M

Investor Quick Summary

Entry cost (stamp duty)

$221,850

After-tax yield

1.71%

Weekly holding cost

$2452/wk

10yr CGT (est.)

$1.07M

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

2,800

Median Age

42

Median Income

$125K

per annum

Family Households

45.0%

Professionals

58.0%

University Educated

72.0%

Unemployment

3.2%

Born Overseas

48.0%

Dwelling Mix

Houses: 25%Units: 72%Townhouses: 3%Total: 1,650

Lifestyle & Community

Walkability85/100
Public Transport9/10
Schools Rating6/10
Safety9/10
Family Friendly7/10
Cafes & Restaurants

12

Parks

3

Hospitals

1

Distance to CBD

3.2 km

Nearest Station: North Sydney Station

Harbour-focused lifestyle with ferry commuting, waterfront dining, recreational boating, and easy access to CBD cultural attractions while maintaining a village-like community feel

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Data sourced from multiple sources. Last updated 28 March 2026.

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