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Mcmahons Point suburb profile

McMahons Point is a harbourside Lower North Shore suburb set on a small peninsula with regular views across Sydney Harbour and the city skyline. It has a compact village atmosphere centred on cafes, small shops and a ferry wharf that links directly to Circular Quay, while waterfront parks and lookouts such as Blues Point Reserve provide popular spots for walking and picnics. The housing mix includes early 20th century terraces and sandstone cottages alongside modern apartment buildings that take advantage of harbour views. The suburb appeals to people who want walkable, waterside living with convenient harbour transport and easy access to the city without inner-city crowds.

Mcmahons Point property market performance

Current median dwelling price$2,865,000Past 3 months

Property growth+7.3%Past 12 months

Houses don't come up for sale often in Mcmahons Point, so there isn't enough recent data to publish a reliable median house price. Available figures show house values rose sharply, up 26.0% over the last 12 months. The median unit price is $1.13 million and unit values fell sharply, down 11.5% over the last 12 months, so house values rose much faster than unit values.

Over the last three months there were 2 houses and 12 units sold. Units sold in a median of 45 days over the last 12 months.

The rental market in Mcmahons Point saw house rents average $1,530 a week, up sharply 13.3% over the last 12 months. Unit rents averaged $795 a week and rose a solid 6.0% over the same period, so house rents grew more strongly than unit rents.

HousesUnits
Median price
Past 3 months
N/A$1.13M
Change in value
Past 12 months
26.0%-11.5%
Sold
Past 3 months
212
Median days on market
Past 12 months
N/A45
Average rent
Past 12 months
$1530$795
Change in rent
Past 12 months
13.3%6.0%

5 year median price trend for houses and units

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Suburbs near Mcmahons Point

Some popular suburbs near Mcmahons Point include:

  • Lavender Bay: Small harbourside village with foreshore parks and water views.
  • North Sydney: Commercial centre with office towers and regular transport connections.
  • Milsons Point: Popular harbourside spot with ferry access and harbour views.
  • Kirribilli: Leafy residential streets with waterfront parks and harbour outlooks.
  • Waverton: Quiet waterside suburb with bush reserves and a village feel.

How does Mcmahons Point compare to nearby suburbs?

  • Median house prices: Mcmahons Point’s median house price is 39.0% higher than North Sydney’s.
  • Median unit prices: Mcmahons Point’s median unit price is 18.9% higher than North Sydney’s.
  • House price growth: Over the past 12 months, house prices in Mcmahons Point have grown 15.6% higher than in North Sydney.
  • Unit price growth: Property prices in nearby Lavender Bay have risen 36.9% more than in Mcmahons Point over the past year.
  • Selling speed for units: Properties in Mcmahons Point are selling 36.6% faster than in Milsons Point.
  • Investment considerations: In Mcmahons Point, the rental yield for house is 66.5% higher than the Sydney average, while the rental yield for units is 1.1% higher.
  • House price growth: Over the past 12 months, house prices in Mcmahons Point have grown 144.9% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Mcmahons Point have grown 26.8% higher than the average rate of growth for units across Sydney.

Choose the right real estate agents in Mcmahons Point

Currently, there are 26 real estate agents working in Mcmahons Point—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 26 agents sold 53.2% of all properties in Mcmahons Point over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Mcmahons Point typically charge a commission of 1.75% to 2.42%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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