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Grays Point suburb profile

Grays Point is a picturesque suburb nestled in the Sutherland Shire of Sydney, known for its tranquil bushland setting and proximity to the Royal National Park. This serene suburb offers a peaceful lifestyle, attracting families and nature enthusiasts who appreciate its natural beauty and outdoor recreational opportunities. Grays Point is characterized by its leafy streets, spacious homes, and a strong sense of community. The suburb's location provides easy access to nearby waterways, making it ideal for boating and fishing activities. With its blend of suburban tranquility and natural charm, Grays Point is a sought-after destination for those seeking a quiet yet connected lifestyle.

Grays Point property market performance

Grays Point's property market has experienced significant growth over the past 12 months, with a 20.7% increase in house values, bringing the median house price to $2.14 million. The market for units remains stagnant with no units sold or priced. Over the last three months, 12 houses were sold, with homes spending a median of 46 days on the market, reflecting a strong demand for houses in this suburb.

The rental market for houses in Grays Point has also seen growth, with average rent prices increasing by 7.1% over the last year to $1125. The unit rental market remains inactive, indicating a clear preference for houses in this area.

HousesUnits
Median price
Past 3 months
$2.14MN/A
Change in value
Past 12 months
20.7%N/A
Sold
Past 3 months
12N/A
Median days on market
Past 12 months
46N/A
Average rent
Past 12 months
$1125N/A
Change in rent
Past 12 months
7.1%N/A

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Grays Point demographics

Grays Point, nestled in the Sutherland Shire of Sydney, is a serene suburb known for its lush natural surroundings and family-friendly atmosphere. With a population of 3,034, it offers a peaceful retreat from the hustle and bustle of city life while still being within reach of urban conveniences. The median age of 44 suggests a mature community, with many residents likely enjoying the tranquility and community spirit that Grays Point provides.

The suburb is predominantly composed of family households, with 54.9% of families being couples with children, reflecting its appeal to those seeking a nurturing environment for raising a family. Additionally, 37.1% of families are couples without children, indicating a significant number of residents who appreciate the suburb's quiet charm and natural beauty. The low percentage of one-parent families and other family types further underscores the suburb's family-oriented nature.

Property ownership in Grays Point is notably high, with 45.9% of homes owned outright and 47.6% owned with a mortgage. This high level of homeownership reflects the suburb's stability and desirability as a long-term living destination. Only 6.5% of properties are rented, highlighting the preference for homeownership among residents. With its picturesque setting, strong sense of community, and proximity to the Royal National Park, Grays Point is an ideal location for those seeking a harmonious blend of nature and suburban living.

Grays Point infrastructure, key developments and investment opportunities

Grays Point continues to be shaped by its proximity to the Royal National Park and Port Hacking, with council and community focus on preserving bushland, waterways and walking track access, which supports the suburb’s appeal to lifestyle-oriented buyers.[7][8] The area remains predominantly low-density, freestanding housing with limited road access into the suburb, and there are no widely publicised large-scale rezoning or high-rise redevelopment projects, helping to maintain its secluded, village-like character and underpinning scarcity value.[3][8]

Local amenity remains anchored by Grays Point Public School and nearby sporting fields and shops, which continue to attract families seeking quality schooling and a quiet, community-focused environment.[1][5] With no major new transport corridors or commercial centres announced, demand is likely to remain driven by waterfront and bushland outlooks, access to boating and outdoor recreation, and the suburb’s reputation as a tranquil enclave within the Sutherland Shire.[4][7][8]

Grays Point rental market trends

The rental market in Grays Point shows moderate growth, with house rents increasing by 7.1% over the past year to $1,125 per week. There are no available unit rentals, indicating a market focused on house accommodation. With its natural appeal and community atmosphere, Grays Point offers attractive opportunities for families and investors seeking stable returns.

Suburbs near Grays Point

Some popular suburbs near Grays Point include:

Common questions about Grays Point

  • Is Grays Point a nice place to live?

    Grays Point is a delightful suburb that offers a serene and peaceful lifestyle, making it a wonderful place to live. Nestled in the Sutherland Shire, this charming suburb is known for its lush natural surroundings and family-friendly atmosphere. The strong sense of community is palpable, with residents enjoying a close-knit environment that is perfect for raising a family. The suburb's leafy streets and spacious homes provide a tranquil retreat from the hustle and bustle of city life, while still being conveniently connected to urban amenities.

    Families are particularly drawn to Grays Point due to its excellent local amenities, including quality schools and nearby sporting fields. The suburb's proximity to the Royal National Park and nearby waterways offers endless opportunities for outdoor recreation, such as boating, fishing, and bushwalking, making it an ideal location for nature enthusiasts. Safety is generally not a major concern, contributing to the suburb's appeal as a secure and nurturing environment for families.

    However, living in Grays Point does come with a few trade-offs. The suburb's secluded, village-like character means that there are limited road access and no major commercial centres, which might be a consideration for those seeking more vibrant nightlife or shopping options. Additionally, the focus on preserving the natural environment means that there are no large-scale development projects, maintaining the area's low-density housing and scarcity value. Despite these trade-offs, Grays Point remains a sought-after destination for those seeking a harmonious blend of nature and suburban living.

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  • Is it expensive to live in Grays Point?

    Living in Grays Point can be quite expensive, particularly when it comes to housing costs. The median house price in this suburb is currently around $2,140,000, which is significantly higher than many other areas. This high cost is reflected in the rental market as well, with the average rent for houses being approximately $1,125 per week. These figures suggest that housing in Grays Point is on the pricier side, especially since there are no units available, which often offer a more affordable option.

    When comparing the local income data, the median total household income in Grays Point is $3,061 per week, which is notably higher than the NSW state average weekly wage of about $2,000. This higher income level indicates that residents in Grays Point generally earn more than the average NSW resident, which may help offset the higher cost of living. However, the substantial difference in housing prices means that even with a higher income, a significant portion of earnings would still go towards housing expenses.

    Overall, if you are thinking of living in Grays Point, it's important to consider the high cost of housing. While the area offers a beautiful setting and a peaceful lifestyle, the financial commitment required for housing is considerable, and potential residents should ensure their income can comfortably support these expenses.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Grays Point a good place to invest?

    Grays Point is showing promising signs as a potential investment suburb, particularly for those interested in houses. Over the past year, the median house value has surged by an impressive 20.7%, indicating strong demand and a healthy market. This growth suggests that Grays Point is becoming increasingly desirable, likely due to its appealing natural surroundings and community-focused lifestyle, which are attractive to families and professionals alike.

    While the unit market in Grays Point has remained stable with no change in median value or rent, houses have seen a notable 7.1% increase in rental prices. This rise in rental income potential makes houses in Grays Point an attractive option for investors seeking steady returns. The suburb's peaceful environment, combined with its proximity to essential amenities and transport links, adds to its appeal for long-term renters.

    Overall, Grays Point offers a compelling opportunity for investment, particularly in the housing market. The combination of significant capital growth and increasing rental yields makes it a suburb worth considering for those looking to invest in a stable and promising area.

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