Point Piper suburb profile
Point Piper is an exclusive harbourside suburb in Sydney, renowned for its opulent residences and stunning waterfront views. Situated just 6km east of the Sydney CBD, it is one of Australia's most prestigious addresses, attracting affluent residents and high-profile individuals. The suburb offers a serene and private lifestyle, with its tree-lined streets and proximity to picturesque beaches like Lady Martins Beach. Point Piper's luxurious homes, often featuring private jetties and expansive gardens, reflect its status as a premier residential area. Its blend of natural beauty and urban convenience makes Point Piper a coveted location for discerning homeowners.
Point Piper property market performance
Current median dwelling price$9,295,000Past 3 months
Point Piper’s property market has shown significant movement in unit values, with a remarkable 46.6% increase over the past 12 months. The median unit price now stands at $3.09 million. However, house sales and rentals have remained stagnant, with no changes in values or rents over the same period.
Over the past three months, only three houses were sold, with units accounting for 10 sales. Units are currently spending a median of 165 days on the market, indicating slower buyer engagement.
The rental market for units has remained stable with an average rent of $1,500, showing no change in rental prices over the last year.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | N/A | -23.8% |
Sold Past 3 months | 3 | 9 |
Median days on market Past 12 months | N/A | 141 |
Average rent Past 12 months | N/A | $1450 |
Change in rent Past 12 months | N/A | -3.3% |
5 year median price trend for houses and units
Point Piper demographics
Point Piper, nestled in Sydney's prestigious Eastern Suburbs, is renowned for its opulent residences and stunning harbour views. With a small population of 1,334, it offers an exclusive and tranquil lifestyle, attracting affluent families and individuals. The median age of 52 indicates a mature community, often comprising established professionals and retirees who appreciate the suburb's serene environment and proximity to the city.
The suburb's high median household income of $4,530 per week reflects its status as one of Australia's most affluent areas. Housing in Point Piper is predominantly owner-occupied, with 51.6% of properties owned outright, showcasing the financial stability and long-term investment of its residents. Only 28.9% of properties are rented, indicating a preference for homeownership among the community.
Family structures in Point Piper are primarily composed of couple families, with 31.5% having children and 55.2% without. The presence of one-parent families is relatively low at 13.2%, and there are no other family types recorded, highlighting a traditional family-oriented demographic. The suburb's appeal lies in its luxurious lifestyle, privacy, and breathtaking views, making it a coveted address for those seeking an elite living experience in Sydney.
Suburbs near Point Piper
Some popular suburbs near Point Piper include:
How does Point Piper compare to nearby suburbs?
- Median house prices: Point Piper’s median house price is 156.2% higher than Double Bay’s.
- Median unit prices: Point Piper’s median unit price is 8.4% higher than Darling Point’s.
- Unit price growth: Property prices in nearby Darling Point have risen 11.4% more than in Point Piper over the past year.
- Selling speed for units: Properties in nearby Darling Point are selling 56.7% faster than in Point Piper.
- House price growth: Over the past 12 months, house prices in Point Piper have grown 1198.8% higher than the average rate of growth across Sydney.
- Unit price growth:Over the past 12 months, unit prices in Point Piper have grown 321.1% higher than the average rate of growth for units across Sydney.

