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Mcmahons Point, NSW 2060

Home » NSW Real Estate Data » North Sydney Council, NSW » Mcmahons Point, NSW 2060

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Mcmahons Point, NSW 2060 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Yield 

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Buy 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Mcmahons Point, NSW 2060”

  1. The total adult population (15 years or older) of Mcmahons Point 2060 NSW is 2,144, with a median age of 44. Of those, 40.21% are married, 13.85% are divorced or separated, 41.93% are single and 3.78% are widowed.

    The average household size is 1.8 people per dwelling, and the median household monthly income is estimated to be $16,904. The median monthly mortgage repayment for households in this suburb is $3,000 which is 17.75% of their earnings.

    Source: ABS Census Data (2021)

  2. In the NSW suburb of McMahons Point 2060, approximately 1686 households reside, contributing to a vibrant local economy. A property market analysis for Q3 2023 reveals that typical house prices here average around $3,819,516, with a median weekly rent of $1,633. However, the indicative yield stands at a slightly low 2.22%, below the minimum attractive market requirement of 3% for cash flow-centered property investors.

    Taking a look at the area’s socio-economy, McMahons Point 2060 reports an impressive IRSAD score of 1172 out of 1217, suggesting a thriving socio-economic environment. But, it is important to note, the Suburb has a higher renter to owner ratio of 52% which is over the ideal of 30% or below, a sign of an oversaturated rental market that typically corresponds with lower long-term returns and higher investor competition.

    The units to houses ratio is elevated at 72%, surpassing the favourable benchmark of 50% or lower and implying that the suburb is heavily populated with units. What this means is there may be a higher competition among landlords for tenants.

    Reverse side of the coin, high affordability is a considerable detraction in McMahons Point 2060. The area presents an affordability index of 88 years, significantly higher than the standard 30-year mortgage period, indicating the real estate market may be out of reach for many potential buyers.

    Diving into supply metrics, the stock on market Percentage for houses is an encouraging 0.17% – well below the neutral 0.4% to 1.3% range suggesting a favourable low supply market. In line with this, the inventory level for houses sits a comfortable 1.0 months. However, the building approvals Ratio for houses is presently at 0.0%, pointing to a minimal supply of new dwellings in the market.

    Looking at demand metrics, houses spend an average of 12 days on the market, lower than the 35-day high demand threshold. The area also boasts a low vacancy rate of 2.07% for both houses and units combined, falling firmly in the neutral middle ground. Lastly, the buy search index hits a score of 6, implying high demand in the property market of McMahons Point 2060.

    In summary, while McMahons Point 2060 presents some barriers such as high affordability and a high units-to-houses ratio, other metrics like the low stock-on-market percentage, short days on market, and high buy search index suggest potential for a promising investment landscape within the Australian property market. Property investors are advised to consider these factors in tandem with any potential property investments. Furthermore, using tools such as HtAG Analytics’ RCS (Relative Composite Score) could help automate research using over 80 metrics for a more comprehensive, fact-checked approach to property investment.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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